offshore oil and gas

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

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