offshore drilling

By Mikael Holter (Bloomberg) — Norway is realizing it will have to do without the deep pockets of the biggest oil companies as it seeks to extend an era

by Henning Gloystein (Reuters) – Surveying the ocean floor for oil and natural gas reserves is gradually emerging from a multi-year slump,

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is preparing to unveil as soon as this week an expansive offshore oil plan that would open

By Tiffany Kary (Bloomberg) — A battle of so-called bankruptcy tourists is erupting in New York court. On Thursday, New York bankruptcy Judge Martin

CIMC Raffles started the final series of sea trials for the ultra-deepwater drilling rig Blue Whale II in preparation for its delivery later this year.

By Valerie Volcovici WASHINGTON, Oct 25 (Reuters) – U.S. Commerce Department Secretary Wilbur Ross sent a report to the White House on Wednesday

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