offshore oil and gas

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

By Gram Slattery, Marta Nogueira and Sabrina Valle RIO DE JANEIRO, Dec 17 (Reuters) – France’s TotalEnergies , Royal Dutch Shell, Petrobras,

By Mariana Durao and Peter Millard (Bloomberg) — Brazil is giving Big Oil a second chance to join two massive offshore oil prospects in a test of the

By Neil Marks and Sabrina Valle HOUSTON, Dec 10 (Reuters) – Exxon Mobil Corp outlined a major new investment in Guyana amid government calls for

The Biden Administration will hold its first offshore oil and gas lease sale on Wednesday, but only under a court order to do so. By Jennifer A. Dlouhy

OSLO, Nov 15 (Reuters) – Norway’s trade surplus rose to a record high in October as revenues from its offshore petroleum fields soared,

By Liz Hampton PORT FOURCHON, Louisiana, Oct 14 (Reuters) – On Louisiana’s south coast, in a key port servicing the U.S. offshore oil

By Robert Tuttle, Amelia Pollard and John Gittelsohn (Bloomberg) — Cruising along the panoramic Pacific Coast Highway that hugs the curves of

By John Kemp LONDON, Sept 24 (Reuters) – Record gas and electricity prices in Europe, record coal prices in China, multiyear-high gas prices in the

Norwegian energy company Equinor says it has received permission to increase gas exports from two fields on the the Norwegian continental shelf to supply the

By Noor Zainab Hussain and Carolyn Cohn Sept 9 (Reuters) – Offshore energy firms are likely to face greater financial losses from Hurricane Ida

By Sabrina Valle and Arpan Varghese HOUSTON, Sept 7 (Reuters) – Hurricane Ida’s damage to U.S. offshore energy production makes it one of

By Stephanie Kelly (Reuters) –- More than 80% of oil production in the Gulf of Mexico remains shut in after Hurricane Ida, a U.S. regulator said on Monday,

NEW ORLEANS — Bureau of Safety and Environmental Enforcement (BSEE) activated its Hurricane Response Team as Hurricane Ida made its way through the

By Liz Hampton (Reuters) – Offshore energy companies have started searching for new bases away from Louisiana’s devastated ports as oil

HOUSTON, Aug 18 (Reuters) – A U.S. offshore regulator on Wednesday said efforts to resume a federal oil and gas leasing program are underway

By Sabrina Valle HOUSTON, Aug 18 (Reuters) – Exxon Mobil Corp sees its investments in Brazil’s offshore helping the company achieve a goal of

By Jennifer A. Dlouhy (Bloomberg) — Six weeks after a federal judge ordered the Biden administration to resume selling oil and gas leases on federal