offshore oil and gas


Wednesday, June 25, 2025
offshore rig north sea
Offshore

BOEM Announces Oil and Gas Lease Sale in Gulf of America with Lowered Royalty Rates

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

June 25, 2025
Total Views: 644

Friday, June 20, 2025
offshore rig
Offshore

UK Issues Tougher Environmental Rules For New North Sea Oil and Gas Drilling

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

June 20, 2025
Total Views: 871

Monday, June 2, 2025
Drone docking station
Offshore

Norway Takes Drone Inspections of Offshore Oil Platform to a New Level

(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

June 2, 2025
Total Views: 1561

Friday, May 2, 2025
Offshore drilling rig photo via Shutterstock / James Jones Jr
Offshore

Trump Administration Reverses Course on Biden Offshore Decommissioning Bonding Rule

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

May 2, 2025
Total Views: 2319

Friday, April 18, 2025
offshore rig north sea
Offshore

Trump Launches Ambitious New Offshore Oil and Gas Leasing Program, Establishes High Arctic Planning Area

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

April 18, 2025
Total Views: 1679

Wednesday, March 5, 2025
The Deepsea Atlantic semi-submersible rig
Offshore

Equinor Makes Significant Gas Discovery in Norwegian Sea’s Halten Area

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

March 5, 2025
Total Views: 1200

Tuesday, February 25, 2025
Brazil Offshore Oil Hit by Regulator’s Crackdown on Drilling
Offshore

Brazil Offshore Oil Hit by Regulator’s Crackdown on Drilling

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

February 25, 2025
Total Views: 2732

Monday, February 24, 2025
Saipem and Subsea 7 Ink $45 Billion Mega Merger
Offshore

Saipem and Subsea 7 Ink $45 Billion Mega Merger

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

February 24, 2025
Total Views: 2638

Thursday, February 20, 2025
offshore oil and gas rig
Offshore

Environmental Groups Sue to Block Trump’s Offshore Drilling Expansions

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

February 20, 2025
Total Views: 2622

Wednesday, February 19, 2025
The Prosperity FPSO at Payara, Guyana’s third offshore oil development on the Stabroek Block. Photo courtesy ExxonMobil
Offshore

Exxon Unveils Large-Scale Gas Project in Oil-Dominated Guyana

By Marianna Parraga and Kemol King GEORGETOWN, Feb 19 (Reuters) – U.S. oil major Exxon Mobil plans to boost natural gas output and supply in Guyana

February 19, 2025
Total Views: 2343

Monday, February 17, 2025
U.S. President Donald Trump looks on, on the day he signs an executive order in the Oval Office at the White House in Washington
Offshore

Trump’s New ‘Energy Dominance Council’ Aims to Supercharge U.S. Production

President Donald Trump has signed an executive order establishing the National Energy Dominance Council, a new body within the Executive Office of the

February 17, 2025
Total Views: 2379

Saturday, January 18, 2025
offshore oil platform california. photo REUTERS/Lucy Nicholson
Offshore

Republican-Led States Sue Biden Administration Over Offshore Drilling Ban

By Kanishka Singh WASHINGTON, Jan 17 (Reuters) – A group of Republican-led states filed a lawsuit on Friday challenging a ban announced by outgoing

January 18, 2025
Total Views: 1074

Tuesday, January 14, 2025
johan sverdrup offshore field
Offshore

Norway Awards 53 New Oil and Gas Licenses in Strategic Move to Secure European Energy Supply

The Norwegian Ministry of Energy has awarded 53 new production licenses on its continental shelf as part of its annual APA 2024 licensing round, reinforcing

January 14, 2025
Total Views: 2675

Thursday, January 9, 2025
Shell's Whale platform in the Gulf of Mexico
Offshore

Shell’s Whale Makes Waves: Gulf of Mexico’s Newest Offshore Giant Goes Live

Shell has announced the successful startup of its newest floating production facility, Whale, in the deepwater Gulf of Mexico, marking a significant

January 9, 2025
Total Views: 2502

Monday, January 6, 2025
U.S. President Joe Biden provides an update on the Hurricane Helene response and recovery efforts, during remarks in the White House Oval Office in Washington, U.S., September 30, 2024. REUTERS/Evelyn Hockstein
Offshore

Biden Administration Blocks Offshore Drilling Across 625 Million Acres of U.S. Waters

U.S. President Joe Biden will ban new offshore oil and gas development along most U.S. coastlines, a decision President-elect Donald Trump, who has vowed to

January 6, 2025
Total Views: 2900

Saturday, January 4, 2025
offshore oil rig
Energy

Biden to Ban New Oil Drilling Over Vast Stretch of US Atlantic, Pacific Waters

President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of

January 4, 2025
Total Views: 1283

Thursday, January 2, 2025
An offshore oil rig is pictured off the coast of Huntington Beach, California, U.S., November 14, 2024
Energy

Biden to Block More Offshore Oil Drilling Before Trump Arrives

President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters, locking in

January 2, 2025
Total Views: 1943

Thursday, December 12, 2024
Offshore

Offshore Oil’s $7 Billion Question: Who Pays for Decommissioning?

W&T Offshore, an independent driller operating in the U.S. Gulf of Mexico, has asked a federal judge to block insurance companies' demands for $250 million in

December 12, 2024
Total Views: 4654

Monday, December 9, 2024
Offshore

BOEM’s Draft EIS Sets the Stage for GoM Oil Leasing in a Shifting Energy Landscape

The Bureau of Ocean Energy Management (BOEM) has released its Draft Programmatic Environmental Impact Statement (EIS) for Gulf of Mexico oil and gas lease

December 9, 2024
Total Views: 1237

Thursday, December 5, 2024
Offshore oil and gas platform
Shipping

Shell and Equinor Join Forces to Create UK North Sea’s Largest Independent Oil Producer

Units of Equinor and Shell have announced plans to merge their UK offshore oil and gas operations, creating the largest independent producer in the UK North

December 5, 2024
Total Views: 1050