offshore oil and gas


Thursday, August 24, 2023
Biden Trims Gulf Oil Lease Area to Protect Rare Whale Habitat
Environment

Biden Trims Gulf Oil Lease Area to Protect Rare Whale Habitat

(Bloomberg) — The Biden administration plans to auction 67 million acres in the Gulf of Mexico for oil and gas development in a lease sale next

August 24, 2023
Total Views: 1922

Wednesday, August 23, 2023
offshore oil rig
Offshore

Gulf of Mexico Offshore Workers Falling Victim to Heat-Related Illness as Temps Soar

The Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) has issued a heat advisory for offshore workers as some workers

August 23, 2023
Total Views: 1546

Saturday, August 19, 2023
Offshore oil rigs. Photo: By Lukasz Z / Shutterstock
Offshore

Unions May Strike At Key Australia Gas Platforms

By Alasdair Pal SYDNEY, Aug 20 (Reuters) – Unions at Woodside Energy Group’s WDS.AX North West Shelf offshore gas platforms on Sunday

August 19, 2023
Total Views: 764

Offshore drilling rig photo via Shutterstock / James Jones Jr
Offshore

Namibia Plans $2.1 Billion Port Expansion For Oil Developments

By Kaula Nhongo (Bloomberg) –Namibia is seeking private investment for a 40 billion Namibian dollar ($2.1 billion) port infrastructure expansion

August 19, 2023
Total Views: 4187

Wednesday, August 16, 2023
Offshore oil and gas platform
News

Scotland’s Budget Deficit Shrinks on Record North Sea Oil Money

(Bloomberg) — Scotland’s public spending deficit narrowed after revenue from North Sea oil more than tripled to a record. The shortfall dropped to

August 16, 2023
Total Views: 780

Tuesday, August 8, 2023
Tidewater offshore vessel at sea
Offshore

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: 1543

Saturday, July 15, 2023
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
Offshore

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: 8509

Monday, July 3, 2023
offshore oil and gas rig
Shipping

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: 3010

Thursday, June 29, 2023
offshore oil rig
Offshore

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: 1432

semisubmersible drilling rig at sea
Offshore

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: 938

Tuesday, June 27, 2023
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
Offshore

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: 2928

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

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: 822

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

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: 3969

offshore oil rig
Energy

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: 1376

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: 4405

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: 709

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: 736

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: 990

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: 2048

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: 1617