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offshore oil and gas

Tuesday, August 8, 2023
Tidewater offshore vessel at sea

Tidewater Profit Driven By Surging Day Rates and Positive Outlook

Tidewater Inc. (NYSE: TDW), a leading provider of offshore support vessels, reported a substantial improvement in revenue and earnings in the second quarter of

August 8, 2023
Total Views: 1427

Saturday, July 15, 2023
FILE PHOTO: Vessels carrying supplies for an offshore oil platform operated by Exxon Mobil are seen at the Guyana Shore Base Inc wharf on the Demerara River, south of Georgetown, Guyana January 23, 2020. REUTERS/Luc Cohen/File Photo/File Photo

U.S. Probing Exxon Contractor In Guyana For Smuggling Drugs, Gold

GEORGETOWN, Guyana (Reuters) – U.S. government officials repeatedly warned Exxon Mobil to avoid doing business with two mining magnates in Guyana, who

July 15, 2023
Total Views: 8402

Monday, July 3, 2023
offshore oil and gas rig

Oil Giants Drill Deep as Profits Trump Climate Concerns

By Ron Bousso and Nerijus Adomaitis LONDON, July 3 (Reuters) – Oil and gas companies have intensified the hunt for new deposits in a long-term

July 3, 2023
Total Views: 2953

Thursday, June 29, 2023
offshore oil rig

Norway Approves Offshore Oil and Gas Projects Worth Over $18 Billion

Norway’s Ministry of Petroleum and Energy has granted approval for 19 oil and gas projects on the Norwegian Continental Shelf, totaling investments of

June 29, 2023
Total Views: 1365

semisubmersible drilling rig at sea

CGX and Frontera Reveal Significant Oil Discovery Offshore Guyana

Canadian oil and gas company CGX Energy Inc. (TSXV: OYL) and its joint venture partner Frontera Energy Corporation (TSX: FEC) have announced a significant oil

June 29, 2023
Total Views: 860

Tuesday, June 27, 2023
FILE PHOTO: An oil and gas drilling platform stands offshore in the Gulf of Mexico in Dauphin Island, Alabama, U.S., October 5, 2013. REUTERS/Steve Nesius/File Photo

Biden Administration Proposes Changes to Protect Taxpayers from Offshore Oil and Gas Decommissioning Costs

The Bureau of Ocean Energy Management (BOEM) has proposed changes to federal financial assurance requirements for offshore oil and gas companies to protect

June 27, 2023
Total Views: 2863

Wednesday, June 21, 2023
File photo of an offshore drillship

Offshore Oil Spending to Rise More Than 20% This Year

HOUSTON, June 21 (Reuters) – Offshore oil and gas exploration spending will increase more than 20% globally this year and the growth will continue

June 21, 2023
Total Views: 774

Tuesday, June 20, 2023
Offshore Supply Vessel Panel at Marine Money Week in NYC

Offshore Supply Vessels Move From Oil To Military And Wind

by Captain John Konrad (gCaptain) Todd Hornbeck, the CEO of Hornbeck Offshore, recently delivered a talk at the Marine Money Week Conference in NYC. He

June 20, 2023
Total Views: 3867

offshore oil rig

Woodside Greenlights $7.2 Billion Mexico Deepwater Oil Project

(Bloomberg) — Woodside Energy Group Ltd. gave the go-ahead for a $7.2 billion oil field off Mexico, the Australian producer’s first major fossil fuel

June 20, 2023
Total Views: 1300

Monday, June 12, 2023
Seadrill drillship on the horizon

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: 4133

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

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: 657

Friday, June 9, 2023
offshore rig

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

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: 928

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

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

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: 1478

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

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

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: 1825

Monday, May 1, 2023
auger tension leg platform

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: 1669

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

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: 2144

offshore oil rig

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: 710


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