offshore oil and gas

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

The U.S. Department of Interior has proposed the largest oil and gas lease sale ever held in the United States, which will offer up over 79.9 million acres in

By Alex Nussbaum (Bloomberg) — With $2.7 billion in oilfield sales this week, Hess Corp. is making a calculated bet, giving up steady production today to

By Abigail Morris (Bloomberg) — The U.K. North Sea is on track for the biggest year of oil and gas field startups in a decade, continuing the aging

By Bloomberg News (Bloomberg) — State-owned conglomerate China Merchants Group is exploring acquisitions of offshore rig operators, which have

By Angelina Rascouet (Bloomberg) — When Total SA warned last month it was ready for acquisitions, U.S. shale assets weren’t at the top of its

By Mikael Holter and David Wethe (Bloomberg) — Transocean Ltd. agreed to buy Songa Offshore SE in the biggest offshore drilling industry deal since oil

By Terje Solsvik OSLO, Aug 15 (Reuters) – Transocean, one of the world’s biggest drilling rig operators, has agreed to buy Norwegian competitor

Crowley Maritime Corp. tugboats recently completed the tow-out and installation of Hess’ Stampede tension-leg platform in the deepwater U.S. Gulf of

The giant jacket for the Johan Sverdrup riser platform was installed last week by the Thialf crane vessel owned by Heerema Marine Contractors (HMC) – the

By Adam Williams and Angelina Rascouet (Bloomberg) — Mexico’s decision to allow private companies to explore for oil and gas started to pay off after

Donald Trump will tout surging U.S. exports of oil and natural gas during a week of events aimed at highlighting the country’s growing energy dominance.

The tow-out of the platform destined for the Hebron Field located off the coast of Newfoundland and Labrador has commenced, partners in the project have

By Mikael Holter (Bloomberg) — Norway’s biggest bank is done comparing: The downturn in the country’s offshore services market has no precedent.

New Orleans-based Harvey Gulf International Marine has taken delivery of the first of two large capacity Multi Purpose Support Vessels (MPSV) that will

SINGAPORE, April 27 (Reuters) – Singapore’s Sembcorp Marine Ltd (Sembmarine) posted a 28 percent drop in its first-quarter profit as rig orders

By Serene Cheong (Bloomberg) — Citigroup Inc. joined Goldman Sachs Group Inc. in backing commodities, saying it’s the season to have faith in raw