offshore oil and gas

By Liz Hampton June 22 (Reuters) – Spending in the global oil exploration and production industry is “poised to accelerate broadly” and

OSLO, June 12 (Reuters) – Norwegian oil firms and employees have agreed in principle a new wage deal, avoiding for now a strike at nine fields that

By Nerijus Adomaitis OSLO, June 3 (Reuters) – At least 647 Norwegian oil workers plan to strike from June 12 if state-brokered wage mediation

Wilhelmsen has upped its stake in the Norwegian offshore supply base company NorSea to 99%. Wilhelmsen has had an ownership stake in Norsea since 2012. With

By Ron Bousso and Kylie MacLellan LONDON, June 1 (Reuters) – Britain’s regulator on Wednesday approved Shell’s revised plan to

By Nerijus Adomaitis OSLO, May 27 (Reuters) – Rental rates for offshore oil and gas rigs have rocketed higher, boosted by a race to lift production

Singaporean rigbuilder Keppel Offshore & Marine has signed bareboat charter contracts for two more of its “legacy” jackup rigs, the latest sign

The U.S. Department of the Interior will release its proposal for offshore oil and gas lease sales for the next five years by the end of June, Interior

Singaporean shipbuilder Sembcorp Marine says the first half of 2022 is shaping to be “significantly better” than the first half of 2021 as the

May 11 (Reuters) – The Biden administration on Wednesday said it would scrap three planned sales of offshore oil and gas leases in

By Nia Williams May 11 (Reuters) – Environmental groups are suing the Canadian government in a bid to overturn its approval of Equinor

Singaporean rigbuilder Keppel O&M has announced bareboat charter contracts for two “legacy” jack-up rigs that it had built for another customer

By Brian Platt (Bloomberg) — Canada has given the green light to a $12 billion offshore oil project proposed by Norway’s Equinor ASA, handing a

Tidewater expands its global footprint amid anticipated offshore oil and gas market recovery. Houston-based Tidewater (NYSE: TDW) has announced a definitive

U.S. Senator from Louisiana Bill Cassidy (R-LA) has introduced the American Offshore Worker Fairness Act, a bill he says will provide a level playing field

By Valerie Volcovici and Nichola Groom Jan 27 (Reuters) – A federal judge invalidated the results of an oil and gas lease sale in

The U.S. Bureau of Safety and Environmental Enforcement (BSEE) has recommended added safety measures following the release of panel investigation reports into

Hornbeck Offshore Services announced today that it has entered into definitive purchase agreements to acquire ten high-specification offshore supply vessels

By Stephanie Kelly, Bozorgmehr Sharafedin and Koustav Samanta NEW YORK, Dec 23 (Reuters) – Global oil demand roared back in 2021 as the world began to

By Lars Erik Taraldsen (Bloomberg) — Equinor ASA will drill about 25 exploration wells off Norway’s coast next year in a bet that it will be among the