offshore oil and gas

MEXICO CITY, Jan 31 (Reuters) – The Mexican government is seeking to auction off development rights to 29 deepwater oil and gas blocks in its territorial

By Jonas Cho Walsgard (Bloomberg) — After more than 3 years of taking a hammering, drillers are set to rise. “They will rise 100 to 200

By Adam Williams and Sabrina Valle (Bloomberg) — If you’re a super-major oil explorer, Mexico says it’s got a bargain for you. The

By Bailey Schulz (Bloomberg) — The global oil industry’s backlog of big drilling projects is starting to shrink as prices improve. From production

By Julian Lee (Bloomberg Gadfly) — After three years of gloom, the number 100 is finally starting to resurface in the forecasts of market analysts. A

By Valerie Volcovici and Richard Valdmanis Jan 16 (Reuters) – The Trump administration’s decision last week to exempt Florida from its

By Kelly Gilblom (Bloomberg) — Royal Dutch Shell Plc made one of its biggest commitments to the North Sea in 30 years, with plans to redevelop the

By Liam Denning (Bloomberg Gadfly) — Energy dominance begins at home, and that includes any beachfront property you might have. The Interior Department

By Salma El Wardany (Bloomberg) — Egypt’s Eni SpA-operated Zohr natural gas field has started production, bringing the country closer to its

By Kelly Gilblom and Nejra Cehic (Bloomberg) — Big Oil’s slump is over and industry domination beckons, according to Goldman Sachs Group Inc. In 2018,

NEW YORK, Nov 21 (Reuters) – Talos Energy LLC and Stone Energy Corp, two U.S. exploration and production companies focused on the Gulf of Mexico,

By Nerijus Adomaitis and Ron Bousso LONDON, Nov 21 (Reuters) – There’s oil and then there’s oil, says Norway’s Statoil, which is

By Sveinung Sleire (Bloomberg) — The $1 trillion fund that Norway has amassed pumping oil and gas over two decades wants out of energy stocks. Norway,

By Mikael Holter (Bloomberg) — Northern Drilling Ltd., a company set up by billionaire John Fredriksen to buy offshore drilling rigs on the cheap, raised

Norway’s first offshore oil platform to be remotely operated from land has now come online with the opening of the land-based control room in Bergen,

The world’s largest Floating, Production, Storage and Offloading (FPSO) vessel left the Samsung Heavy Industries shipyard in Geoje, South Korea under tow

By Mikael Holter (Bloomberg) — Oil explorers are neglecting their old hunting grounds in the North Sea, threatening to deepen an expected slump in

By Jennifer A. Dlouhy and Alex Nussbaum (Bloomberg) — Congressional Republicans counting on a $1 billion windfall from selling oil-drilling rights in the

By Sabrina Valle and R.T. Watson (Bloomberg) – Leaner and fitter after three years of low prices, Big Oil is descending on Rio de Janeiro to join a

By Marianna Parraga and Alexandra Alper HOUSTON/RIO DE JANEIRO, Oct 26 (Reuters) – Brazil and Mexico are competing for a diminishing resource: the