offshore drilling

The renewable energy revolution doesn’t scare the man overseeing western Europe’s biggest crude oil

By Timothy Gardner WASHINGTON, Oct 4 (Reuters) – The U.S. Interior Department will propose this week delaying parts of an Obama-era rule to limit

By Mikael Holter (Bloomberg) — The offshore drilling market will take a long time to rebalance as more consolidation and rig retirements are

Shares of Pacific Drilling have been suspended from trading on the New York Stock Exchange due to the ultra-deepwater drilling company’s failure to

By Mikael Holter (Bloomberg) — While other offshore rig operators are still struggling to survive the worst oil-market slump in a generation, one

By Terje Solsvik OSLO, Aug 15 (Reuters) – Transocean, one of the world’s biggest drilling rig operators, has agreed to buy Norwegian competitor

By David Wethe (Bloomberg) — The “magic” of $50 oil is now in the sights of deep-sea drillers as they try to lure customer spending from shale wells

BEIJING, July 25 (Reuters) – China’s Foreign Ministry has urged a halt to oil drilling in a disputed part of the South China Sea, where Spanish oil

Norwegian oil company Statoil announced Monday that its two-well exploration drilling program in the Flemish Pass Basin offshore Newfoundland did not result in

By Ernest Scheyder (Reuters) Exxon Mobil Corp said on Friday it and partners would spend $4.4 billion to develop part of the Liza oilfield off the coast of

By Lefteris Karagiannopoulos OSLO, June 8 (Reuters) – An offshore drilling rig hired by Norwegian oil and gas producer Aker BP is getting all its power

By Jennifer A. Dlouhy (Bloomberg) — After the 2010 Gulf oil spill, the Obama administration broke the scandal-plagued federal agency that policed

By Serene Cheong, Sharon Cho and Dan Murtaugh (Bloomberg) — Reports of deep-sea drilling’s demise in a world of sub-$100 oil may have been

By Alex Nussbaum (Bloomberg) — For the first time in almost 80 years, a private company has sunk a new offshore oil well in Mexican waters — the

By Valerie Volcovici WASHINGTON, April 28 (Reuters) – U.S. President Donald Trump signed an executive order on Friday to extend offshore oil and gas

By Jennifer A. Dlouhy (Bloomberg) — President Donald Trump is moving aggressively to expand offshore oil drilling and to reconsider rules that

By Jennifer A. Dlouhy (Bloomberg) — President Donald Trump will open the door to new oil and natural gas drilling in Pacific waters off the coast of

By Jennifer A. Dlouhy (Bloomberg) — President Donald Trump is preparing to issue an executive order with the goal of giving oil companies more

By Mohammed Aly Sergie (Bloomberg) — Qatar Petroleum plans to start a new development in the offshore North Field, ending a 12-year ban on new projects

The technology group Wärtsilä has signed a five-year technical management and services agreement with Songa Offshore for four Cat-D type semi-submersible