offshore oil and gas


Monday, April 9, 2018
offshore rig north sea
Offshore

Offshore Giant Awakens: Exxon’s Sweetheart Deal in Guyana Sparks IMF Concern as Deepwater Potential Grows

By Kevin Crowley (Bloomberg) — Exxon Mobil Corp. got such a “favorable” deal from Guyana, home to the biggest new deepwater oil play, that the tiny

April 9, 2018
Total Views: 89

Friday, April 6, 2018
Johan Sverdrup jacket installation
Offshore

Mega-Projects Seen Becoming Less Mega as Oil Giants Rein In Costs

By Dan Murtaugh (Bloomberg) — The world’s biggest energy companies are ready for big projects again. They just need to be cheaper this time around.

April 6, 2018
Total Views: 19

Wednesday, April 4, 2018
jack-up rig
News

Bahrain Seeks Big Oil’s Help to Develop New Shale Discovery

By Wael Mahdi and Mohammed Aly Sergie (Bloomberg) — Bahrain will invite international oil companies to help it develop its first major discovery in

April 4, 2018
Total Views: 45

File photo of an offshore drillship
Shipping News

Bahrain Says Offshore Discovery Contains an Estimated 80 Billion Barrels of Tight Oil

MANAMA, April 4 (Reuters) – A new discovery off the coast of Bahrain is estimated to contain at least 80 billion barrels of tight oil, the

April 4, 2018
Total Views: 26

Monday, April 2, 2018
offshore drilling rig brazil
Offshore

Latin American Nations Compete for Capital in Surge of Offshore Oil Auctions

By Marianna Parraga HOUSTON, April 2 (Reuters) – For decades, many Latin America’s oil-producing nations have often shunned investment from

April 2, 2018
Total Views: 42

semisubmersible drilling rig at sea
News

Bahrain’s Biggest Offshore Oil Find Since 1932 Dwarfs Reserves

By Mohammed Aly Sergie (Bloomberg) — Bahrain, the smallest energy producer in the Persian Gulf, discovered its biggest oil field since it started

April 2, 2018
Total Views: 59

Tuesday, March 27, 2018
chevron jack/st. malo platform
Offshore

Deepwater Oil Starting to Hold Its Own With Shale, Chevron Says

By David Wethe (Bloomberg) — Chevron Corp. is studding the ocean floor with heavy-duty pumping gear as part of an effort to make deepwater oil

March 27, 2018
Total Views: 50

Monday, March 26, 2018
Offshore drilling rig photo via Shutterstock / James Jones Jr
News

Oil Industry’s Female Pay Gap Is Worse Among Offshore Explorers

By Angelina Rascouet (Bloomberg) — Being a top female earner for a major integrated oil company is a rarity, but among the smaller explorers

March 26, 2018
Total Views: 129

Wednesday, March 21, 2018
offshore rig north sea
Shipping News

Tepid U.S. Offshore Oil and Gas Lease Sale a Setback for Trump

By Richard Valdmanis March 21 (Reuters) – Oil and gas drillers bid on only a tiny fraction of Gulf of Mexico acreage offered on Wednesday in the

March 21, 2018
Total Views: 28

Tuesday, March 20, 2018
rig maintenance bergen norway
Offshore

Faroe Petroleum’s Hunt for North Sea Oil Deals Could See It Double Size in Hot Market

By Mikael Holter (Bloomberg) — Faroe Petroleum Plc is hunting for offshore oil and gas assets in Norway and the U.K., with an appetite that could equal

March 20, 2018
Total Views: 79

Tuesday, March 6, 2018
offshore platform
News

Dominican Republic to Join Caribbean Energy Exploration Rush

By Ezra Fieser (Bloomberg) — The Dominican Republic expects to draw interest from energy titans BP Plc and Exxon Mobil Corp. when it opens the country to

March 6, 2018
Total Views: 44

Monday, March 5, 2018
offshore oil rig Statoil
Offshore

As Norway’s Wealth Fund Goes Green, Domestic Firms Struggle to Keep Up

By Alister Doyle Environment Correspondent OSLO, March 5 (Reuters) – Many Norwegian companies lag high standards for reporting their impact on the

March 5, 2018
Total Views: 27

Tuesday, February 20, 2018
Maersk Energy Boss Sees Uptick in Offshore Oil Drilling But Profit Still Squeezed
News

Maersk Energy Boss Sees Uptick in Offshore Oil Drilling But Profit Still Squeezed

By Stine Jacobsen COPENHAGEN, Feb 20 (Reuters) – Prospects for the offshore oil drilling market are improving but profits for drillers are still under

February 20, 2018
Total Views: 25

Wednesday, February 14, 2018
Offshore oil rigs. Photo: By Lukasz Z / Shutterstock
Offshore

Hail Shale, But Deepwater Oil and Gas Projects are Fighting for Comeback

By Ron Bousso LONDON, Feb 14 (Reuters) – Penguins, Royal Dutch Shell’s latest oil and gas development in a remote corner of the British North Sea,

February 14, 2018
Total Views: 34

Monday, February 12, 2018
Standoff on High Seas as Cyprus Accuses Turkey of Blocking Exploratory Drillship in Eastern Mediterranean
News

Standoff on High Seas as Cyprus Accuses Turkey of Blocking Exploratory Drillship in Eastern Mediterranean

By Michele Kambas NICOSIA, Feb 11 (Reuters) – Cyprus on Sunday accused the Turkish military of obstructing a ship contracted by Italian oil company

February 12, 2018
Total Views: 103

Wednesday, February 7, 2018
Floating wind turbine WindFloat
Shipping News

Oil and Gas Specialist Aker Solutions Invests in Offshore Floating Wind

Offshore oil and gas industry service provider Aker Solutions is expanding into the offshore floating wind market through an investment in Emeryville,

February 7, 2018
Total Views: 76

Tuesday, February 6, 2018
BP offshore platform
News

BP Dodges Oil-Industry Gloom as Profit Jumps With Production

By Kelly Gilblom (Bloomberg) — BP Plc dodged the disappointment that afflicted other oil-company earnings as it did a better job of exploiting

February 6, 2018
Total Views: 51

Thursday, February 1, 2018
Pacific Drilling’s Sharav deepwater drillship
Offshore

Chevron, Shell Both Announce Major Oil Discoveries in Deepwater Gulf of Mexico

Both Chevron and Royal Dutch Shell on Thursday announced major deepwater oil discoveries at two separate wells located in the U.S. Gulf of Mexico. Both finds

February 1, 2018
Total Views: 168

auger tension leg platform
News

Shell Makes Historic Mexico Comeback to Rule Deep Gulf Waters

By Adam Williams (Bloomberg) — In the span of a few hours, Royal Dutch Shell Plc became the new king of Mexico’s deep waters. The super major

February 1, 2018
Total Views: 23

Wednesday, January 31, 2018
offshore oil platform
News

Israel, Lebanon Clash Over Offshore Oil and Gas Tender

By Lisa Barrington and Dan Williams BEIRUT/TEL AVIV, Jan 31 (Reuters) – Israel described as “very provocative” on Wednesday a Lebanese

January 31, 2018
Total Views: 72