offshore oil and gas


Tuesday, April 4, 2023
Seadrill drillship on the horizon
Offshore

Seadrill Completes Aquadrill Acquisition, Creating Leading Offshore Drilling Company

Offshore drilling company Seadrill Limited has announced the successful all-stock acquisition of Aquadrill LLC. The acquisition, valued at $958 million,

April 4, 2023
Total Views: 1317

Monday, April 3, 2023
UK North Sea Contractors to Kick Off ‘Tsunami’ of Strike Action
Shipping

UK North Sea Contractors to Kick Off ‘Tsunami’ of Strike Action

Around 150 contractors employed by Sparrows Offshore Services are set to begin strike action on Wednesday, April 5, with stoppages planned to continue up to

April 3, 2023
Total Views: 2689

Wednesday, March 29, 2023
FILE PHOTO: An oil and gas drilling platform stands offshore in Alabama, October 5, 2013. REUTERS/Steve Nesius/File Photo
Offshore

Chevron Most Active While Exxon Eyes Carbon Storage in Gulf of Mexico Auction

By Sabrina Valle HOUSTON, March 29 (Reuters) – Exxon Mobil Corp on Wednesday bid for offshore blocks to store

March 29, 2023
Total Views: 1837

offshore oil rig
Offshore

Gulf of Mexico Oil and Gas Lease Sale Rakes in $263 Million

The U.S. Bureau of Ocean Energy Management (BOEM) has conducted Gulf of Mexico Lease Sale 259, which resulted in $263,801,783 in high bids for 313 tracts

March 29, 2023
Total Views: 1545

Monday, March 20, 2023
offshore oil rig
Offshore

Norway Supreme Court Ruling on Snow Crab Case Impacts Oil and Mineral Rights

By Gwladys Fouche OSLO, March 20 (Reuters) – Norway’s Supreme Court ruled on Monday that EU ships cannot fish for snow crab off the

March 20, 2023
Total Views: 2982

Friday, March 17, 2023
In Show of Unity, NATO and EU Heads Mark Historic Visit to North Sea Platform
Offshore

In Show of Unity, NATO and EU Heads Mark Historic Visit to North Sea Platform

By Nora Buli TROLL A PLATFORM, North Sea, March 17 (Reuters) – The heads of NATO and the European Commission flew on Friday to a North Sea

March 17, 2023
Total Views: 1408

Wednesday, March 15, 2023
Shell Commits to Dover Project in U.S. Gulf of Mexico’s Deep Water
Offshore

Shell Commits to Dover Project in U.S. Gulf of Mexico’s Deep Water

March 15 (Reuters) – Shell plc said on Wednesday it has taken a final investment decision on the Dover exploration field in the U.S. Gulf of Mexico,

March 15, 2023
Total Views: 1692

Monday, March 13, 2023
Biden Backs $8 Billion Alaska Oil Project at Odds with Climate Agenda
Shipping

Biden Backs $8 Billion Alaska Oil Project at Odds with Climate Agenda

By Jennifer A. Dlouhy (Bloomberg) — President Joe Biden authorized a giant ConocoPhillips oil project in northwest Alaska that environmentalists argue

March 13, 2023
Total Views: 1739

Friday, March 10, 2023
UK Offshore Workers Vote to Strike, Says Union
Offshore

UK Offshore Workers Vote to Strike, Says Union

March 10 (Reuters) – British union Unite on Friday said several Sparrows offshore services workers have voted to strike at dozens of platforms on the

March 10, 2023
Total Views: 767

Tuesday, March 7, 2023
drillship
Offshore

Guyana Planning Second Oil Auction in 2024 to Bolster Expansion

By Kevin Crowley (Bloomberg) — Guyana is planning another auction of prospective oil-field leases next year as the world’s fastest-growing economy

March 7, 2023
Total Views: 1416

Tidewater to Acquire 37 PSVs from Solstad Offshore
Offshore

Tidewater to Acquire 37 PSVs from Solstad Offshore

Some big news from Houston-based Tidewater, the world’s largest owner and operator of offshore support vessels (OSVs). The company announced it has reached

March 7, 2023
Total Views: 4089

Friday, March 3, 2023
Norway’s Equinor Adds to North Sea Oil and Gas Portfolio
Offshore

Norway’s Equinor Adds to North Sea Oil and Gas Portfolio

By Kari Lundgren and Christian Wienberg (Bloomberg) — Norway’s Equinor ASA agreed to buy Suncor Energy UK Ltd. for $850 million, adding to its oil and

March 3, 2023
Total Views: 809

Wednesday, March 1, 2023
Tidewater Upbeat on Offshore Support Vessel Market Recovery
Offshore

Tidewater Upbeat on Offshore Support Vessel Market Recovery

The world’s largest offshore support vessel (OSV) owner and operator Tidewater Inc. is optimistic that the recovery of the offshore vessel market will

March 1, 2023
Total Views: 3409

Monday, February 20, 2023
bourbon reorganization
Offshore

Bourbon Launches Harsh Environment Offshore Partnership with Horizon Maritime

French offshore oil and gas services company Bourbon is teaming up with Newfoundland and Labrador-based Horizon Maritime to launch a new joint venture company

February 20, 2023
Total Views: 1416

Friday, February 17, 2023
File photo of an offshore drillship
Offshore

Guyana Seeks to Reclaim Portion of Exxon Offshore Oil Block

By Sabrina Valle GEORGETOWN, Feb 17 (Reuters) – Guyana Vice President Bharrat Jagdeo told Reuters the country plans to take back 20% of the giant

February 17, 2023
Total Views: 3395

Friday, February 3, 2023
Offshore drilling rig photo via Shutterstock / James Jones Jr
Accidents

Family of Fatally-Injured Offshore Worker Wins $27 Million Verdict

A Louisiana jury has awarded more than $27 million to the family of an offshore worker who was fatally injured in a 2018 workplace accident on an oil and

February 3, 2023
Total Views: 4033

Monday, January 23, 2023
offshore oil rigs
Offshore

Arctic Snow Crab Case Before Norway’s Supreme Court Could Impact Oil and Mineral Rights

By Gwladys Fouche OSLO, Jan 24 (Reuters) – Norway’s Supreme Court will on Tuesday hear arguments on whether EU ships can fish for snow

January 23, 2023
Total Views: 1846

Wednesday, January 18, 2023
USCG Guyana Port Inspection
Offshore

Exxon Pours Billions Into Joint Venture With China National Offshore Oil Corporation

By Sabrina Valle (Reuters) – Exxon Mobil is preparing to approve its fifth oil production project in Guyana and is considering taking additional

January 18, 2023
Total Views: 2644

Wednesday, January 4, 2023
Alaska Offshore Oil and Gas Lease Sale Attracts Only One Bid
Offshore

Alaska Offshore Oil and Gas Lease Sale Attracts Only One Bid

An offshore oil and gas lease sale covering waters off Alaska’s south-central coast generated just one bid. The lease sale, known as the Cook Inlet Oil

January 4, 2023
Total Views: 2701

Tuesday, January 3, 2023
Sembcorp Marine Delivers Second 8th Generation Drillship
Offshore

Sembcorp Marine Delivers Second 8th Generation Drillship

Singaporean offshore shipbuilder Sembcorp Marine has delivered the world’s second 8th generation drillship, named Deepwater Titan, to a subsidiary of

January 3, 2023
Total Views: 1701