offshore oil and gas

Beacon Offshore Energy LLC, an oil explorer backed by Blackstone Inc., is betting on a drilling renaissance in the Gulf of Mexico as it starts up some of the

The Department of the Interior has announced a comprehensive overhaul of the nation’s offshore oil and gas leasing framework, directing the Bureau of

The Bureau of Ocean Energy Management has set in motion what officials are calling a transformational expansion of U.S. offshore oil and gas development,

The Trump administration is ruling out selling offshore oil and gas leases along the US East Coast, after its initial plan for auctioning them drew alarm from

By Jennifer A. Dlouhy Oct 23, 2025 (Bloomberg) –The Trump administration is readying a proposal to open almost all US coastal waters to new offshore

Louisiana-based Otto Candies, LLC has acquired four multi-purpose support vessels from Harvey Gulf International Marine, marking a significant expansion of the

Former U.S. President Joe Biden exceeded his authority by withdrawing large areas along U.S. coastlines from future offshore oil and gas development, a federal

Governor Gavin Newsom is seeking to impose further restrictions on California’s offshore oil industry, a setback to Sable Offshore Corp. and its

By Paul Burkhardt Aug 29, 2025 (Bloomberg) –Searching for oil prospects in a block bigger than Rhode Island, Travis Smithard made a last-minute

Norway’s northernmost oil field, Johan Castberg, was officially opened today by Norwegian Energy Minister Terje Aasland, marking a significant milestone

BP has announced a significant oil and gas discovery at the Bumerangue prospect in deepwater offshore Brazil, marking the company’s largest discovery in

The Bureau of Ocean Energy Management (BOEM) has announced a Proposed Notice of Sale for Lease Sale 262, offering approximately 15,000 unleased blocks across

Britain has issued tougher new environmental rules for fossil fuel projects with implications for the development of two vast North Sea oil and gas fields by

(Bloomberg) — A major Norwegian oil field is taking the industry’s use of drones for safety inspections to a new level, with a permanently installed

The U.S. Department of the Interior announced plans to revise the Bureau of Ocean Energy Management’s (BOEM) 2024 Risk Management and Financial Assurance

The Department of the Interior has initiated the development of the 11th National Outer Continental Shelf (OCS) Oil and Gas Leasing Program, marking a

Equinor and its partners have discovered gas and condensate in the Mistral Sør exploration well in the Norwegian Sea’s Halten area, marking another

Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating exploration and production projects

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in offshore energy

Environmental groups on Wednesday moved in court to block President Donald Trump’s administration from allowing offshore oil drilling along broad swaths of