offshore oil and gas

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

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

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

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.

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

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

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

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

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

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,

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

Dec 20 (Reuters) – A Biden administration auction of Gulf of Mexico drilling rights raised $382 million on Wednesday as oil companies

(Bloomberg) — A swath of Norway’s offshore gas discoveries risk remaining untapped due to challenges ranging from complex reservoirs to costs of

Norway-based Rem Offshore (OSE: REM) has announced new long-term contracts worth US $140 million (NOK 1.5 billion), doubling the offshore vessel

Shares of Tidewater Inc. (NYSE:TDW) fell more than 10% on Tuesday after the company reported impressive revenue of nearly $300 million in the third quarter

The increasing utilization of offshore drilling rigs is causing a decrease in availability and longer contract awards and tender opportunities, according to

By Kevin Crowley (Bloomberg) — The crown jewel of Chevron Corp.’s $53 billion acquisition of Hess Corp. is a piece of larger rival Exxon Mobil

By Sabrina Valle and Mrinalika Roy HOUSTON, Oct 23 (Reuters) – Chevron Corp agreed to buy Hess for $53 billion in stock to gain

By Jennifer A. Dlouhy (Bloomberg) — Oil industry leaders contributed top dollar to President Donald Trump in 2020. But now oil and gas titans are

(Bloomberg) — Petroleo Brasileiro SA received a permit to research oil in a promising offshore region in Brazil’s Northeast as the energy giant seeks