offshore oil and gas

Tuesday, May 23, 2023

Offshore Strike Action Intensifies in UK Sector of the North Sea

In a growing dispute concerning job security, wages, and working conditions in the UK offshore sector, the Unite union has announced that approximately 1,650

May 23, 2023
Total Views: 1873

Wednesday, May 10, 2023
offshore oil and gas rig

Transocean Lands Latest Contract Award in Australia

Transocean Ltd., a leading offshore drilling contractor, has announced that its Transocean Equinox has been awarded a five-well contract in Australia by a

May 10, 2023
Total Views: 1128

Tuesday, May 9, 2023

Tidewater Posts Highest Quarterly Revenue Since 2015

Tidewater Inc., a leading global provider of offshore support vessels, has reported a strong start to 2023, posting its highest quarterly revenue since the

May 9, 2023
Total Views: 1557

Tuesday, May 2, 2023
offshore drillship

Valaris Expands Contract Backlog with New Wins and Extensions

Offshore drilling company Valaris Limited (NYSE: VAL) has announced strong first quarter results for 2023, with new contracts and extensions announced worth

May 2, 2023
Total Views: 1125

Monday, May 1, 2023
auger tension leg platform

US Gulf of Mexico Makes Room for Carbon Capture as Oil Output Peaks

By Sabrina Valle HOUSTON, May 1 (Reuters) – After nearly a century, oil output in the U.S. Gulf of Mexico is heading towards its peak with new

May 1, 2023
Total Views: 1284

Wednesday, April 26, 2023
offshore drillship

Hess Reveals New Guyana Discovery as Profit Tops Estimates

By Arunima Kumar, Liz Hampton and Sabrina Valle April 26 (Reuters) – Oil and gas producer Hess Corp on Wednesday topped Wall

April 26, 2023
Total Views: 2121

offshore oil rig

London Court Allows Legal Challenge of UK Oil and Gas Drilling Plan

By Gautam Naik (Bloomberg) — London’s High Court has given Greenpeace permission for a judicial review of the UK government’s decision to open a new

April 26, 2023
Total Views: 647

Friday, April 21, 2023

Equinor Looks to Drones to Make North Sea Rig Inspections Easier

By Kari Lundgren (Bloomberg) — Equinor ASA and Norwegian airport regulator Avinor aim to make “advanced drone operations” over the North Sea common

April 21, 2023
Total Views: 865

Monday, April 17, 2023

BP Kicks Off Argos Platform Production in US Gulf of Mexico

BP has announced the successful start of oil production at its Argos offshore platform in the U.S. Gulf of Mexico, the company’ first new production

April 17, 2023
Total Views: 3510

Thursday, April 13, 2023
offshore rig north sea

Guyana Delays Highly Anticipated Oil Auction to July

April 13 (Reuters) – Guyana’s closely watched auction of 14 offshore oil blocks faces a delay with the South American country

April 13, 2023
Total Views: 789

Tuesday, April 4, 2023

Seadrill Completes Aquadrill Acquisition, Creating Leading Offshore Drilling Company

Offshore drilling company Seadrill Limited has announced the successful all-stock acquisition of Aquadrill LLC. The acquisition, valued at $958 million,

April 4, 2023
Total Views: 1130

Monday, April 3, 2023

UK North Sea Contractors to Kick Off ‘Tsunami’ of Strike Action

Around 150 contractors employed by Sparrows Offshore Services are set to begin strike action on Wednesday, April 5, with stoppages planned to continue up to

April 3, 2023
Total Views: 2200

Wednesday, March 29, 2023

Chevron Most Active While Exxon Eyes Carbon Storage in Gulf of Mexico Auction

By Sabrina Valle HOUSTON, March 29 (Reuters) – Exxon Mobil Corp on Wednesday bid for offshore blocks to store carbon dioxide underground during

March 29, 2023
Total Views: 1764

offshore oil rig

Gulf of Mexico Oil and Gas Lease Sale Rakes in $263 Million

The U.S. Bureau of Ocean Energy Management (BOEM) has conducted Gulf of Mexico Lease Sale 259, which resulted in $263,801,783 in high bids for 313 tracts

March 29, 2023
Total Views: 1055

Monday, March 20, 2023
offshore oil rig

Norway Supreme Court Ruling on Snow Crab Case Impacts Oil and Mineral Rights

By Gwladys Fouche OSLO, March 20 (Reuters) – Norway’s Supreme Court ruled on Monday that EU ships cannot fish for snow crab off the

March 20, 2023
Total Views: 2903

Friday, March 17, 2023

In Show of Unity, NATO and EU Heads Mark Historic Visit to North Sea Platform

By Nora Buli TROLL A PLATFORM, North Sea, March 17 (Reuters) – The heads of NATO and the European Commission flew on Friday to a North Sea

March 17, 2023
Total Views: 1354

Wednesday, March 15, 2023

Shell Commits to Dover Project in U.S. Gulf of Mexico’s Deep Water

March 15 (Reuters) – Shell plc said on Wednesday it has taken a final investment decision on the Dover exploration field in the U.S. Gulf of Mexico,

March 15, 2023
Total Views: 1617

Monday, March 13, 2023

Biden Backs $8 Billion Alaska Oil Project at Odds with Climate Agenda

By Jennifer A. Dlouhy (Bloomberg) — President Joe Biden authorized a giant ConocoPhillips oil project in northwest Alaska that environmentalists argue

March 13, 2023
Total Views: 1666

Friday, March 10, 2023

UK Offshore Workers Vote to Strike, Says Union

March 10 (Reuters) – British union Unite on Friday said several Sparrows offshore services workers have voted to strike at dozens of platforms on the

March 10, 2023
Total Views: 736

Tuesday, March 7, 2023

Guyana Planning Second Oil Auction in 2024 to Bolster Expansion

By Kevin Crowley (Bloomberg) — Guyana is planning another auction of prospective oil-field leases next year as the world’s fastest-growing economy

March 7, 2023
Total Views: 1360