offshore oil and gas

(Bloomberg) — Offshore oil contractor Borr Drilling Ltd. expects almost a third of the world’s fleet of shallow-water rigs to be retired in the coming

The Bureau of Ocean Energy Management (BOEM) has announced the completion of its final Environmental Assessment (EA) regarding the potential impacts of issuing

Malaysia-based offshore support vessel (OSV) provider ICON Offshore Berhad has confirmed details of an August 2 accident involving one of its vessels that

Tidewater Inc. (NYSE: TDW), a leading global provider of offshore service vessels (OSVs), reported strong financial results for Q2 2024, with a revenue of

(Bloomberg) — The oil industry is pushing the limits of offshore exploration with plans to drill a record-setting deepwater well in Colombia within

LONDON, Aug 1 (Reuters) – Britain’s decision to increase a windfall tax on oil and gas producers to help pay for its push to grow

Viaro Energy, a leading independent British energy company, has announced that its main operating subsidiary, RockRose Energy Limited, has signed an agreement

Valaris Limited (NYSE: VAL) has announced a significant multi-year contract in Brazil with Equinor Energy do Brasil Ltda., a subsidiary of Equinor ASA, for its

CAIRO, July 14 (Reuters) – Kuwait Petroleum Corporation (KPC) said on Sunday it had made a “giant” oil discovery in the

July 11 (Reuters) – An environmental group on Thursday sued the U.S. government over its approach to examining the harm caused by aging offshore oil

By Ira Breskin NEW YORK — Infrastructure funds are increasingly financing expensive, purpose-built ships serving the offshore energy market, according to

Transocean Ltd. (NYSE: RIG) has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico at a

By Georgina McCartney HOUSTON, June 17 (Reuters) – Texas, Louisiana and Mississippi on Monday sued the U.S. government to block the Biden

Noble Corporation plc and Diamond Offshore Drilling, Inc have announced their decision to merge. As per the agreement, Noble will acquire Diamond in a

Transocean Ltd. (NYSE: RIG), a leading offshore drilling contractor, has announced securing new contract fixtures for three of its harsh environment

By Ju-min Park and Jack Kim SEOUL, June 3 (Reuters) – South Korean President Yoon Suk Yeol gave the green light on Monday to conduct exploratory

Offshore drilling contractor Seadrill Limited (NYSE & OSE: SDRL) reported a record dayrate of $545,000 for a one-well contract in the first quarter of

By Stephen Treloar and Kari Lundgren (Bloomberg) — The vessel that will tap Norway’s newest oil field is now undergoing final checks before setting

The Department of the Interior has announced a new rule aiming to ensure that costs related to the decommissioning of offshore platforms are covered by the oil

Odfjell Oceanwind, in partnership with Source Galileo Norge and Kansai Electric Power Company, has been awarded a significant grant amounting to around US $190