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offshore oil and gas


Monday, June 12, 2023
Seadrill drillship on the horizon
Offshore

Offshore Drilling Rates Approaching $500,000 Per Day Mark

The global offshore drilling market is continuing to experience a significant rebound with rig utilization now returning pre-pandemic levels, leading to a 40%

June 12, 2023
Total Views: 4094

More Than 900 Norway Oil Drilling Workers May Strike From June 29
News

More Than 900 Norway Oil Drilling Workers May Strike From June 29

OSLO, June 12 (Reuters) – Some 913 workers on Norwegian offshore oil and gas drilling rigs and other installations

June 12, 2023
Total Views: 656

Friday, June 9, 2023
offshore rig
Shipping

Britain to Waive Oil, Gas Windfall Tax if Prices Fall Far Enough

LONDON, June 9 (Reuters) – Britain’s windfall tax on oil and gas producers will not be applied if prices drop below certain levels for

June 9, 2023
Total Views: 695

Friday, June 2, 2023
petrobras carwash probe
Environment

Petrobras Using Carbon Capture to Ramp Up Gas Production, Raising Sustainability Questions

(Bloomberg) — Brazil’s state-controlled oil giant Petrobras is capturing and storing a growing amount of carbon dioxide below the seabed in a

June 2, 2023
Total Views: 925

Tuesday, May 23, 2023
Offshore Strike Action Intensifies in UK Sector of the North Sea
Offshore

Offshore Strike Action Intensifies in UK Sector of the North Sea

In a growing dispute concerning job security, wages, and working conditions in the UK offshore sector, the Unite union has announced that approximately 1,650

May 23, 2023
Total Views: 1984

Wednesday, May 10, 2023
offshore oil and gas rig
Offshore

Transocean Lands Latest Contract Award in Australia

Transocean Ltd., a leading offshore drilling contractor, has announced that its Transocean Equinox has been awarded a five-well contract in Australia by a

May 10, 2023
Total Views: 1476

Tuesday, May 9, 2023
Tidewater Posts Highest Quarterly Revenue Since 2015
Offshore

Tidewater Posts Highest Quarterly Revenue Since 2015

Tidewater Inc., a leading global provider of offshore support vessels, has reported a strong start to 2023, posting its highest quarterly revenue since the

May 9, 2023
Total Views: 1607

Tuesday, May 2, 2023
File photo of an offshore drillship
Shipping

Valaris Expands Contract Backlog with New Wins and Extensions

Offshore drilling company Valaris Limited (NYSE: VAL) has announced strong first quarter results for 2023, with new contracts and extensions announced worth

May 2, 2023
Total Views: 1811

Monday, May 1, 2023
auger tension leg platform
Offshore

US Gulf of Mexico Makes Room for Carbon Capture as Oil Output Peaks

By Sabrina Valle HOUSTON, May 1 (Reuters) – After nearly a century, oil output in the U.S. Gulf of Mexico is heading towards its peak with new

May 1, 2023
Total Views: 1645

Wednesday, April 26, 2023
File photo of an offshore drillship
Offshore

Hess Reveals New Guyana Discovery as Profit Tops Estimates

By Arunima Kumar, Liz Hampton and Sabrina Valle April 26 (Reuters) – Oil and gas producer Hess Corp on Wednesday topped Wall

April 26, 2023
Total Views: 2143

offshore oil rig
Offshore

London Court Allows Legal Challenge of UK Oil and Gas Drilling Plan

By Gautam Naik (Bloomberg) — London’s High Court has given Greenpeace permission for a judicial review of the UK government’s decision to open a new

April 26, 2023
Total Views: 709

Friday, April 21, 2023
Equinor Looks to Drones to Make North Sea Rig Inspections Easier
Offshore

Equinor Looks to Drones to Make North Sea Rig Inspections Easier

By Kari Lundgren (Bloomberg) — Equinor ASA and Norwegian airport regulator Avinor aim to make “advanced drone operations” over the North Sea common

April 21, 2023
Total Views: 1012

Monday, April 17, 2023
BP Kicks Off Argos Platform Production in US Gulf of Mexico
Offshore

BP Kicks Off Argos Platform Production in US Gulf of Mexico

BP has announced the successful start of oil production at its Argos offshore platform in the U.S. Gulf of Mexico, the company’ first new production

April 17, 2023
Total Views: 3613

Thursday, April 13, 2023
offshore rig north sea
Offshore

Guyana Delays Highly Anticipated Oil Auction to July

April 13 (Reuters) – Guyana’s closely watched auction of 14 offshore oil blocks faces a delay with the South American country

April 13, 2023
Total Views: 838

Tuesday, April 4, 2023
Seadrill drillship on the horizon
Offshore

Seadrill Completes Aquadrill Acquisition, Creating Leading Offshore Drilling Company

Offshore drilling company Seadrill Limited has announced the successful all-stock acquisition of Aquadrill LLC. The acquisition, valued at $958 million,

April 4, 2023
Total Views: 1213

Monday, April 3, 2023
UK North Sea Contractors to Kick Off ‘Tsunami’ of Strike Action
Shipping

UK North Sea Contractors to Kick Off ‘Tsunami’ of Strike Action

Around 150 contractors employed by Sparrows Offshore Services are set to begin strike action on Wednesday, April 5, with stoppages planned to continue up to

April 3, 2023
Total Views: 2644

Wednesday, March 29, 2023
FILE PHOTO: An oil and gas drilling platform stands offshore in Alabama, October 5, 2013. REUTERS/Steve Nesius/File Photo
Offshore

Chevron Most Active While Exxon Eyes Carbon Storage in Gulf of Mexico Auction

By Sabrina Valle HOUSTON, March 29 (Reuters) – Exxon Mobil Corp on Wednesday bid for offshore blocks to store

March 29, 2023
Total Views: 1803

offshore oil rig
Offshore

Gulf of Mexico Oil and Gas Lease Sale Rakes in $263 Million

The U.S. Bureau of Ocean Energy Management (BOEM) has conducted Gulf of Mexico Lease Sale 259, which resulted in $263,801,783 in high bids for 313 tracts

March 29, 2023
Total Views: 1487

Monday, March 20, 2023
offshore oil rig
Offshore

Norway Supreme Court Ruling on Snow Crab Case Impacts Oil and Mineral Rights

By Gwladys Fouche OSLO, March 20 (Reuters) – Norway’s Supreme Court ruled on Monday that EU ships cannot fish for snow crab off the

March 20, 2023
Total Views: 2933

Friday, March 17, 2023
In Show of Unity, NATO and EU Heads Mark Historic Visit to North Sea Platform
Offshore

In Show of Unity, NATO and EU Heads Mark Historic Visit to North Sea Platform

By Nora Buli TROLL A PLATFORM, North Sea, March 17 (Reuters) – The heads of NATO and the European Commission flew on Friday to a North Sea

March 17, 2023
Total Views: 1376
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