offshore oil and gas

OSLO, Dec 12 (Reuters) – Norway’s Petroleum Safety Authority (PSA) has told Transocean , Maersk Drilling and Odfjell Drilling to beef up emergency

By Harriet McLeod CHARLESTON, S.C., Dec 11 (Reuters) – Environmental groups opposed to offshore drilling sued the federal government on Tuesday to

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is taking a major step toward allowing a first-in-a-generation seismic search for oil and

By Shadia Nasralla LONDON, Nov 27 (Reuters) – Scottish marine salvage group Ardent is adapting the tanks it used to refloat the Costa Concordia, the

By Kelly Gilblom (Bloomberg) — BP Plc has seen first oil from its giant Clair Ridge development in the North Sea, helping arrest decades of

Oil major Chevron (NYSE:CVX) has announced the start of crude oil and natural gas production from the Chevron-operated Big Foot deepwater project in the U.S.

By Michael Carr – Each of American Salvor’s four 6,000 lb. anchors were attached to its own huge winch by hundreds of feet of 1.5-inch diameter

By Elisha Bala-Gbogbo (Bloomberg) — When it comes to the future of its oil industry, Nigeria is looking miles out to sea. By early next year,

By Sabrina Valle (Bloomberg) — Brazil’s President-elect Jair Bolsonaro is staring at an oil windfall. After a decade of stagnant production, Brazil’s

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration has authorized Hilcorp Energy Co.’s plan to build an artificial gravel island in the

By Sabrina Valle and Kevin Crowley (Bloomberg) — In a single year, Exxon Mobil Corp. has gone from being a tiny bit player in Brazil to the

By Chiara Albanese (Bloomberg) — Saipem SpA is looking beyond black gold, to green. The Italian oil-services provider, which builds projects for the

By John Benny Oct 15 (Reuters) – Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs

By Kevin Crowley and David Wethe (Bloomberg) — Big Oil is giving up looking for singles and doubles in the Gulf of Mexico: Now it’s home runs or bust.

By Mikael Holter (Bloomberg) — Chevron Corp. is selling its last remaining oil exploration license in Norway, putting it one step closer to a full

By Ron Bousso LONDON, Oct 3 (Reuters) – Executives at the world’s biggest oil and gas companies are under growing pressure to loosen the purse

By David French and Jessica Resnick-Ault Oct 2 (Reuters) – Exxon Mobil Corp is exploring the sale of many of its U.S. Gulf of Mexico assets, as higher

By Jessica Resnick-Ault and Ron Bousso NEW YORK/LONDON, Sept 26 (Reuters) – Nexen Petroleum, a unit of China’s CNOOC Ltd, plans to exit the United

By David Wethe (Bloomberg) — Deep-sea oil drillers are once again riding the wave of investor enthusiasm that next year will be better for

By Jacob Gronholt-Pedersen and Stine Jacobsen COPENHAGEN, Aug 17 (Reuters) – A.P. Moller-Maersk said on Friday it would spin off its offshore