offshore oil and gas

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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