offshore drilling

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

By Bailey Lipschultz (Bloomberg) — While oil drillers in U.S. shale basins are starting to see business come back, their offshore brethren will have

By David Wethe (Bloomberg) — The robot on an oil drillship in the Gulf of Mexico made it easier for Mark Rodgers to do his job stringing together

By Mikael Holter (Bloomberg) — Statoil ASA, one of many international oil companies to slash spending during crude’s collapse, is increasing

OTTAWA, Dec 21 (Reuters) – U.S. lawmakers on Wednesday slammed an agreement made with Canada to ban offshore Arctic drilling, saying Ottawa’s plan

By Valerie Volcovici and Timothy Gardner WASHINGTON, Dec 20 (Reuters) – U.S. President Barack Obama on Tuesday permanently banned new oil and gas

By Jennifer A. Dlouhy (Bloomberg) — President Barack Obama is preparing to block the sale of new offshore drilling rights in much of the U.S. Arctic

California Governor Jerry Brown is calling on President Barack Obama to use his authority to permanently ban new offshore oil and gas leasing in federal

By Jennifer A. Dlouhy (Bloomberg) — The Obama administration’s decision to forgo auctions of new oil and gas drilling rights in U.S. Arctic waters

By Ari Natter and Jennifer A. Dlouhy (Bloomberg) — A long-shot bid to convince the Obama administration to use 24 words of a 1953 law to permanently

By Perry Williams (Bloomberg) — BP Plc has abandoned oil exploration in the offshore Great Australian Bight, five years after it began searching for

By Mikael Holter (Bloomberg) — Offshore oil-rig operators, grappling with the biggest industry downturn in a generation, say they finally have the bottom

by Mikael Holter (Bloomberg) Oil and gas companies operating in Norway, western Europe’s biggest producer, cut investment forecasts further for this year and

Ocean Rig shares crashed nearly 60% Friday after the deepwater drilling contractor announced that it could wind up filing for bankruptcy amid ‘extremely

By David Wethe (Bloomberg) — Transocean Ltd.’s profit dwindled in the second quarter as the world’s largest offshore driller struggles to win

By Peter Coy (Bloomberg) The U.S. and other coastal nations could lose millions of square nautical miles of ocean that are now in their exclusive economic

BY GWLADYS FOUCHE AND STEPHEN JEWKES (Reuters) European suppliers to the oil industry, hit by their customers’ spending cutbacks over the past two years,

by Jennifer A. Dlouhy (Bloomberg) — Environmental activists who dangled from bridges and paddled kayaks around an Arctic rig have a new strategy for

By Tom Wilson and Candido Mendes (Bloomberg) — Angola’s oil minister accused neighboring Democratic Republic of Congo’s government of wrecking an