U.S. Gulf’s Deepwater Oil Drillers Get $18 Billion Break from Decades-Old Law
By Jennifer A. Dlouhy (Bloomberg) –The U.S. has forfeited some $18 billion tied to oil and gas production in the Gulf of Mexico since 2000 because of a
By Jennifer A. Dlouhy (Bloomberg) –The U.S. has forfeited some $18 billion tied to oil and gas production in the Gulf of Mexico since 2000 because of a
By Bloomberg News (Bloomberg) –Norway’s new oil grade is making inroads in Asia, threatening to undermine sales of similar crudes from Africa and South
By Ron Bousso LONDON, Oct 14 (Reuters) – Greenpeace activists boarded two Royal Dutch Shell oil platforms in the British North Sea on Monday in protest
A company owned by a group of French banks has made a takeover offer for beleaguered offshore services company Bourbon Corporation as part of the company’s
SINGAPORE, Oct 7 (Reuters) – Singapore firms Keppel Corp and Sembcorp Marine said on Monday they had reached settlements with indebted Brazilian firm
Deepwater drilling contractor Transocean says it has deployed that world’s first hybrid battery system on floating drilling rig to supplement power needs
By Peter Millard and Kelly Gilblom (Bloomberg) –It was supposed to be BP Plc’s big Brazilian breakthrough after years of setbacks in one of the
By David Alire Garcia MEXICO CITY, Sept 30 (Reuters) – When U.S. oil firm Talos Energy found nearly a billion barrels off Mexico’s southern Gulf
Offshore drilling contractor Transocean has decided to walk away from two drillships under construction at South Korea’s Samsung Heavy Industry. In a
By Erwin Seba HOUSTON, Sept 19 (Reuters) – Energy infrastructure on the U.S. Gulf Coast was hit hard by Tropical Storm Imelda on Thursday, as flooding
By Mikael Holter – (Bloomberg) –Offshore drilling executives are trying to win back investors who have fled their stocks over the past year,
By Timothy Gardner WASHINGTON, Sept 11 (Reuters) – The U.S. House of Representatives on Wednesday passed a bill to ban offshore oil and gas drilling off
By Timothy Abington and Mikael Holter (Bloomberg) –The rise of a huge new Norwegian oil field is poised to give North Sea output one of its biggest
By Davide Barbuscia and Hadeel Al Sayegh DUBAI, Aug 27 (Reuters) – Creditors of Abu Dhabi-based Gulf Marine Services (GMS) are close to hiring an adviser
Norwegian government-run Enova has approved funding of up to NOK 2.3 billion (US$256 million) to support a project that would develop the world’s first
By Jessica Resnick-Ault and Nichola Groom NEW YORK, Aug 20 (Reuters) – A major auction of oil and gas leases in the U.S. Gulf of Mexico on Wednesday
Norwegian energy giant Equinor has announced first oil from the Mariner field in the UK North Sea. The field, which is the first Equinor has operating in UK
By Jennifer A. Dlouhy – (Bloomberg) –The Trump administration is readying a plan to end direct federal regulation of methane leaks from oil and gas
By Ron Bousso LONDON, Aug 13 (Reuters) – Exxon Mobil is considering a sale of its assets in the British North Sea after more than 50 years in the
SINGAPORE (Reuters) – Singaporean rig builder Sembcorp Marine on Tuesday posted a narrower second-quarter loss, but said it expected losses for the
Join the 105,891 members that receive our newsletter.
Have a news tip? Let us know.Maritime and offshore news trusted by our 105,891 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up