offshore oil and gas


Friday, July 12, 2024
Offshore

US Sued Over ‘Failure to Examine Harms’ From Delayed Offshore Oil Decommissioning

July 11 (Reuters) – An environmental group on Thursday sued the U.S. government over its approach to examining the harm caused by aging offshore oil

July 12, 2024
Total Views: 1362

Friday, June 28, 2024
Offshore

Infrastructure Funds: The New Financiers of Offshore Energy Vessels

By Ira Breskin NEW YORK — Infrastructure funds are increasingly financing expensive, purpose-built ships serving the offshore energy market, according to

June 28, 2024
Total Views: 1107

Wednesday, June 26, 2024
Offshore

Transocean Lands Lucrative Contract Extension for Ultra-Deepwater Drillship

Transocean Ltd. (NYSE: RIG) has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico at a

June 26, 2024
Total Views: 2148

Monday, June 17, 2024
Shipping

States Sue to Block Biden Administration Rule on Offshore Decommissioning

By Georgina McCartney HOUSTON, June 17 (Reuters) – Texas, Louisiana and Mississippi on Monday sued the U.S. government to block the Biden

June 17, 2024
Total Views: 2237

Monday, June 10, 2024
Offshore

Noble Corporation to Acquire Diamond Offshore Drilling in a Landmark Deal

Noble Corporation plc and Diamond Offshore Drilling, Inc have announced their decision to merge. As per the agreement, Noble will acquire Diamond in a

June 10, 2024
Total Views: 664

Tuesday, June 4, 2024
Offshore

Transocean Secures Offshore Drilling Contracts Worth $161 Million

Transocean Ltd. (NYSE: RIG), a leading offshore drilling contractor, has announced securing new contract fixtures for three of its harsh environment

June 4, 2024
Total Views: 1109

Monday, June 3, 2024
Offshore

South Korea President Approves Exploration of Potentially Huge Offshore Oil and Gas Prospects

By Ju-min Park and Jack Kim SEOUL, June 3 (Reuters) – South Korean President Yoon Suk Yeol gave the green light on Monday to conduct exploratory

June 3, 2024
Total Views: 686

Wednesday, May 15, 2024
Offshore

Seadrill Sets New Record with Cycle-High Dayrate of $545,000

Offshore drilling contractor Seadrill Limited (NYSE & OSE: SDRL) reported a record dayrate of $545,000 for a one-well contract in the first quarter of

May 15, 2024
Total Views: 914

Wednesday, May 8, 2024
Offshore

Giant Johan Castberg FPSO Prepares to Set Sail

By Stephen Treloar and Kari Lundgren (Bloomberg) — The vessel that will tap Norway’s newest oil field is now undergoing final checks before setting

May 8, 2024
Total Views: 2586

Tuesday, April 16, 2024
Offshore

New Rule Aims to Protect U.S. Taxpayers from Bearing Offshore Decommissioning Costs

The Department of the Interior has announced a new rule aiming to ensure that costs related to the decommissioning of offshore platforms are covered by the oil

April 16, 2024
Total Views: 1112

Monday, March 11, 2024
Offshore

Odfjell Oceanwind Secures Major Funding for Barents Sea Floating Wind Project

Odfjell Oceanwind, in partnership with Source Galileo Norge and Kansai Electric Power Company, has been awarded a significant grant amounting to around US $190

March 11, 2024
Total Views: 1255

Friday, March 1, 2024
Wind of Change for Shetland Oil Hub, But Who Will Benefit?
Offshore

Wind of Change for Shetland Oil Hub, But Who Will Benefit?

LONDON, March 1 (Thomson Reuters Foundation) – When storms batter Scotland’s Shetland Islands, as they frequently do, the force

March 1, 2024
Total Views: 1257

Thursday, February 29, 2024
Shipping

Exxon Plays Hardball With Chevron Over Guyana’s Oil Riches

By Kevin Crowley and Rachel Graf (Bloomberg) — It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public.

February 29, 2024
Total Views: 2453

Accidents

Norway May Ground Sikorsky Helicopters After North Sea Crash

OSLO, Feb 29 (Reuters) – Norway on Thursday halted all helicopter traffic to its offshore oil and gas fields after a deadly crash, and said it was

February 29, 2024
Total Views: 3940

Tuesday, February 20, 2024
Offshore

Interior Department’s Poor Oversight of Offshore Decommissioning Increases Risks, Government Report Finds

The U.S. Department of the Interior is facing criticism over its failure to adequately enforce the decommissioning of aging offshore oil and gas wells and

February 20, 2024
Total Views: 1407

Monday, February 19, 2024
Environment

Norwegian Shipowners Partner on World’s First Methanol-Powered Subsea and Offshore Wind Vessel

Norwegian shipowners Eidesvik Offshore and Agalas are partnering on the construction an innovative Construction Support Vessel (CSV) designed for subsea and

February 19, 2024
Total Views: 1142

Wednesday, February 14, 2024
Offshore

DeepOcean Secures Major Subsea Contract with ExxonMobil in Guyana

Norway-based DeepOcean, a leading provider of ocean services, has secured a major contract from ExxonMobil Guyana for subsea construction and inspection,

February 14, 2024
Total Views: 4210

Tuesday, January 16, 2024
Offshore

Norway Awards New Oil and gas Production Licenses

Norway’s state-controlled energy company Equinor has been granted 39 new production licenses by the Ministry of Energy in this year’s licensing

January 16, 2024
Total Views: 855

Thursday, December 28, 2023
The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. Houthi Military Media/Handout via REUTERS
Shipping

The Maritime Stories That Made 2023

This year proved once again that the maritime industry is one of the most important and exciting industries on the planet. As 2023 comes to a close,

December 28, 2023
Total Views: 6146

Tuesday, December 26, 2023
Seadrill drillship on the horizon
Offshore

Seadrill Secures $1.1 Billion Contracts with Petrobras

Offshore drilling contractor Seadrill Limited (NYSE & OSE: SDRL) has been awarded fixed-term contracts by Petrobras for its drillships, West

December 26, 2023
Total Views: 1387