Transocean Says Offshore Drilling Market Rebounding After ‘Extremely Challenging’ Eight Years
Offshore drilling contractor Transocean says the market for offshore drilling services is clearly recovering after eight “extremely challenging”
Offshore drilling contractor Transocean says the market for offshore drilling services is clearly recovering after eight “extremely challenging”
By Harish Sridharan July 28 (Reuters) – Singaporean conglomerate Keppel Corp on Thursday reported a first-half profit that rose 66%, helped by higher
Subsea 7 and Van Oord have been awarded a large contract from ExxonMobil affiliate Esso Exploration and Production Guyana Limited for the Gas to Energy project
By Gwladys Fouche, Nora Buli and Victoria Klesty OSLO, July 5 (Reuters) – The Norwegian government on Tuesday intervened to end a strike in the
OSLO, July 4 (Reuters) – Norway’s oil ministry on Monday said it had approved adjusted production permits for six offshore fields
By Ari Natter (Bloomberg) — The Biden administration opened the door to selling new oil and gas drilling leases in the Gulf of Mexico and Alaska in
By Liz Hampton June 22 (Reuters) – Spending in the global oil exploration and production industry is “poised to accelerate broadly” and
OSLO, June 12 (Reuters) – Norwegian oil firms and employees have agreed in principle a new wage deal, avoiding for now a strike at nine fields that
By Nerijus Adomaitis OSLO, June 3 (Reuters) – At least 647 Norwegian oil workers plan to strike from June 12 if state-brokered wage mediation
Wilhelmsen has upped its stake in the Norwegian offshore supply base company NorSea to 99%. Wilhelmsen has had an ownership stake in Norsea since 2012. With
By Ron Bousso and Kylie MacLellan LONDON, June 1 (Reuters) – Britain’s regulator on Wednesday approved Shell’s revised plan to
By Nerijus Adomaitis OSLO, May 27 (Reuters) – Rental rates for offshore oil and gas rigs have rocketed higher, boosted by a race to lift production
Singaporean rigbuilder Keppel Offshore & Marine has signed bareboat charter contracts for two more of its “legacy” jackup rigs, the latest sign
The U.S. Department of the Interior will release its proposal for offshore oil and gas lease sales for the next five years by the end of June, Interior
Singaporean shipbuilder Sembcorp Marine says the first half of 2022 is shaping to be “significantly better” than the first half of 2021 as the
May 11 (Reuters) – The Biden administration on Wednesday said it would scrap three planned sales of offshore oil and gas leases in
By Nia Williams May 11 (Reuters) – Environmental groups are suing the Canadian government in a bid to overturn its approval of Equinor
Singaporean rigbuilder Keppel O&M has announced bareboat charter contracts for two “legacy” jack-up rigs that it had built for another customer
By Brian Platt (Bloomberg) — Canada has given the green light to a $12 billion offshore oil project proposed by Norway’s Equinor ASA, handing a
Tidewater expands its global footprint amid anticipated offshore oil and gas market recovery. Houston-based Tidewater (NYSE: TDW) has announced a definitive
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