offshore oil and gas


Monday, May 21, 2018
shell's vito development
News

Sembcorp Marine Awarded Vito FPU Contract from Shell

A subsidiary of Singaporean shipbuilder Sembcorp Marine has been awarded a contract from Shell Offshore to construct and integrate the hull, topsides and

May 21, 2018
Total Views: 312

Thursday, May 3, 2018
thunder horse platform
News

In U.S. Gulf of Mexico, Robots and Drones Take on Dangerous Offshore Oil and Gas Work

By Liz Hampton HOUSTON, May 3 (Reuters) – At BP’s massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie

May 3, 2018
Total Views: 235

Tuesday, May 1, 2018
auger tension leg platform
Offshore

As Oil Hits $75, Shell Seeks Deepwater Costs at $40 or Below

The Big Oil playbook has been straightforward for decades: Higher prices mean offshore projects that are further, deeper, more complex than ever before. It’s

May 1, 2018
Total Views: 36

Wednesday, April 18, 2018
offshore rig north sea
News

Interior Secretary Says U.S. Won’t Lower Offshore Oil and gas Royalty Rates ‘At This Time’

By Valerie Volcovici WASHINGTON, April 17 (Reuters) – Interior Secretary Ryan Zinke said on Tuesday he will not lower royalty rates for offshore oil and

April 18, 2018
Total Views: 30

Thursday, April 12, 2018
semisubmersible drilling rig at sea
Shipping News

New Zealand Steps Up Climate Change Fight With Offshore Exploration Ban

By Tracy Withers (Bloomberg) — New Zealand will stop granting offshore oil and gas exploration permits, saying it is committed to playing its

April 12, 2018
Total Views: 32

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: 101

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: 29

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: 55

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: 38

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: 54

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: 75

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: 66

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: 141

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: 33

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: 92

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: 56

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: 39

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: 37

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: 49

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: 119