offshore oil and gas


Thursday, July 30, 2020
keppel shipyard
Shipping News

Keppel Posts Huge First Half Loss on Rig Building Impairments

SINGAPORE, July 30 (Reuters) – Singaporean conglomerate Keppel Corp reported a loss in the first half of 2020 due to impairments in its offshore and

July 30, 2020
Total Views: 58

Thursday, July 23, 2020
File photo of an offshore drillship
Offshore

Shell Drills Dry Hole Offshore Brazil, Dimming Hope for Brazilian Oil

By Peter Millard (Bloomberg) –Royal Dutch Shell Plc has just drilled a dry hole in Brazil’s premier offshore region, a sign state-controlled Petrobras

July 23, 2020
Total Views: 271

Wednesday, July 22, 2020
offshore rig
Offshore

U.K. Oil Industry at Odds With Government on Mass Covid Testing

By Ryan Hesketh (Bloomberg) –The U.K. oil and gas industry says blanket testing of its workers is essential to avoid Covid-19 outbreaks offshore, but the

July 22, 2020
Total Views: 23

Friday, July 17, 2020
offshore wind farm
Offshore

Norwegian Billionaire Reshapes Oil Empire for Renewable-Energy Future

By Mikael Holter and Lars Erik Taraldsen (Bloomberg) –Billionaire Kjell Inge Rokke is transforming the structure of his business empire as he seeks to

July 17, 2020
Total Views: 137

Monday, July 13, 2020
Brazil’s Offshore Oil Workers Face Coronavirus Outbreaks
Offshore

Brazil’s Offshore Oil Workers Face Coronavirus Outbreaks

By Gram Slattery RIO DE JANEIRO, July 13 (Reuters) – On Friday, May 1, two workers on the PXA-1 offshore platform owned by Brazil’s state-run oil

July 13, 2020
Total Views: 89

Thursday, July 9, 2020
offshore drilling rig
Offshore

Wave of North American Oil and Gas Bankruptcies to Continue at $40 Oil

By Liz Hampton July 9 (Reuters) – A wave of oil and gas bankruptcies in North America is likely to continue this year as oil prices remain depressed and

July 9, 2020
Total Views: 80

Friday, July 3, 2020
Total Sends Oil Rig to South Africa for Rare Frontier Drilling
Offshore

Total Sends Oil Rig to South Africa for Rare Frontier Drilling

By Paul Burkhardt (Bloomberg) –Total SA has deployed a rig to South Africa to look for more oil near a massive discovery, in a rare example of

July 3, 2020
Total Views: 429

Friday, June 26, 2020
Satellites Reveal Major New Gas Industry Methane Leaks
Shipping News

Satellites Reveal Major New Gas Industry Methane Leaks

By Shadia Nasralla LONDON, June 26 (Reuters) – Last fall, European Space Agency satellites detected huge plumes of the invisible planet-warming gas

June 26, 2020
Total Views: 184

Wednesday, June 24, 2020
File photo of an offshore drillship
Offshore

Offshore Drillers Face New Round of Bankruptcies

By Liz Hampton and Nerijus Adomaitis DENVER/OSLO, June 24 (Reuters) – The companies that operate offshore drilling rigs for major oil producers face a

June 24, 2020
Total Views: 196

Tuesday, June 16, 2020
offshore platforms
Offshore

U.K. Offshore Oil and Gas Industry Pledges to Cut Emissions in Half Over Next Decade

By Amanda Jordan and Laura Hurst (Bloomberg) –The U.K. offshore oil and gas industry pledged to cut emissions from its operations by half in the next

June 16, 2020
Total Views: 42

Thursday, June 11, 2020
offshore rig north sea
Offshore

Oil Crisis Shows Richest Nordic Country Remains a Crude Addict

By Lars Erik Taraldsen and Mikael Holter (Bloomberg) –Norway has been talking for years about weaning itself off oil, but the Covid-19 crisis has

June 11, 2020
Total Views: 74

Wednesday, June 10, 2020
offshore supply vessel
Offshore

PEMEX Suspends Supplier Contracts, Triggering Job Losses

By Amy Stillman and Peter Millard (Bloomberg) –Mexico’s state oil giant is suspending contracts with service providers and suppliers, triggering

June 10, 2020
Total Views: 103

Friday, June 5, 2020
offshore rigs Mobile offshore drilling units stand in the Port of Cromarty Firth in Cromarty, U.K.
Offshore

Offshore Oil’s $105 Billion Hangover Adding to Industry Woes

By Peter Millard, Laura Hurst and David Wethe (Bloomberg) –Aging offshore oil wells that once brought market prominence to Europe, the U.S. Gulf and

June 5, 2020
Total Views: 110

Thursday, June 4, 2020
Harvey Peak Intensity
Shipping News

Energy Industry Faces Hurricane Challenges Amid Pandemic

By Erwin Seba HOUSTON, June 4 (Reuters) – As oil and gas companies began shutting offshore production before the first tropical storm of the season in

June 4, 2020
Total Views: 31

Tuesday, June 2, 2020
U.S. Gulf Put on Notice as Tropical Storm Cristobal Gains Strength
Offshore

U.S. Gulf Put on Notice as Tropical Storm Cristobal Gains Strength

By Brian K. Sullivan (Bloomberg) –Tropical Storm Cristobal, now gaining strength in the southern Gulf of Mexico, could grow into a hurricane as it moves

June 2, 2020
Total Views: 47

Monday, June 1, 2020
Subsea 7 stock photo
Offshore

Subsea 7 to Slash Global Workforce by 25%

Subsea 7 has released details of its cost reduction program which it alluded to in its first quarter earnings report released April 30. As previously

June 1, 2020
Total Views: 159

Wednesday, May 27, 2020
offshore oil rig
Offshore

Chevron Planning to Cut Up to 15% of Workforce

By Kevin Crowley and Rachel Adams-Heard (Bloomberg) –Chevron Corp. is planning a 10% to 15% reduction in its global workforce this year, the biggest cut

May 27, 2020
Total Views: 51

Tuesday, May 26, 2020
offshore drilling rig brazil. Stock Photo: Shutterstock / marchello74
Offshore

Brazil’s Offshore Oil and Gas Industry Facing Coronavirus Outbreaks

By Gram Slattery and Marta Nogueira RIO DE JANEIRO, May 26 (Reuters) – Norway’s Equinor ASA , Brazil’s Dommo Energia SA and Anglo-French firm

May 26, 2020
Total Views: 42

Tuesday, May 12, 2020
Drillship West Capella with US Naval Escort
Shipping News

Petronas Drillship Leaves South China Sea Waters After Standoff

By Rozanna Latiff and A. Ananthalakshmi KUALA LUMPUR, May 12 (Reuters) – An oil exploration vessel contracted by Malaysian state energy company Petronas

May 12, 2020
Total Views: 302

Monday, May 4, 2020
Offshore Oil Platform
News

Global Oil Demand Starts a Long, Painful and Uncertain Recovery

By Javier Blas (Bloomberg) — Few have a better watchtower over oil demand than Joe Gorder, chief executive officer of major U.S. refiner Valero Energy

May 4, 2020
Total Views: 93