offshore oil and gas

By Mikael Holter (Bloomberg) — As oil majors are considering exiting Norway, the government is warning them that they could still be on the hook for

By Ed Stoddard CAPE TOWN, Nov 7 (Reuters) – Somalia looks more likely to strike oil than gas in its long pursuit of offshore riches, making it easier for

By Ron Bousso LONDON, Sept 14 (Reuters) – Maersk Oil, a unit of Danish conglomerate A.P. Moller-Maersk, has agreed to sell stakes in three North Sea

By Amanda Cooper LONDON, Sept 13 (Reuters) – The global oil market will show a surplus into next year, as an abrupt deterioration in demand growth meets

By David Wainer (Bloomberg) — Israel’s Energy Minister Yuval Steinitz is out to persuade big energy explorers put off by years of regulatory turmoil to

by Polly Toynbee (TheGuardian) M/V Malaviya Twenty has been moored in Great Yarmouth docks since December. To look at, it’s no rustbucket, kept in good shape

By Stine Jacobsen STAVANGER, Norway, Aug 30 (Reuters) – Restructuring the debt of struggling offshore oil service vessel (OSV) and drilling rig companies

By Liam Denning (Bloomberg Gadfly) — Big Oil just doesn’t seem to be as enamored with the ‘big’ thing as it once was. Another major

By Mikael Holter and Rakteem Katakey (Bloomberg) — Crude markets will continue to be plagued by volatility in the short and medium term after suffering

by David Yong & Denise Wee (Bloomberg) Singaporean companies struggling to meet debt obligations as oil prices slump may get more support from the

By Dmitry Zhdannikov MOSCOW, Aug 11 (Reuters) – Oil markets will begin to tighten in the second half of 2016 but at a slow pace as global demand growth

By David Yong and Andrea Tan (Bloomberg) — Singapore’s offshore oil services companies and marine engineering firms are leaving it too late to

By Rakteem Katakey (Bloomberg) — The pace of North Sea oil-field shutdowns is picking up as the impact of the market slump is compounded by the uncertain

By Rakteem Katakey (Bloomberg) — Two projects worth $45 billion announced this month show the world’s largest oil companies are regaining the

Maersk Oil says it will be leaving Qatar after losing the contract to operate the country’s largest producing offshore oil field. The news comes as

By Justin Sink, Josh Wingrove and Jennifer A. Dlouhy (Bloomberg) — President Barack Obama and Canadian Prime Minister Justin Trudeau announced steps to

OSLO, Feb 24 (Reuters) – Offshore supply vessel owners must form larger companies in order to restore profitability to an industry battered by plunging

By Javier Blas (Bloomberg) — After a year of low oil prices, only 0.1 percent of global production has been curtailed because it’s unprofitable,

By Kyunghee Park and Jonathan Burgos (Bloomberg) — Keppel Corp.’s uncertainties about the oil- rig market are set to continue after a key customer in

By Adam Williams (Bloomberg) — While more than 180,000 onshore wells are producing oil in Texas, only 8,250 have been drilled by Petroleos Mexicanos