offshore oil and gas


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

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: 1648

Tuesday, May 2, 2023
File photo of an offshore drillship
Shipping

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: 1920

Monday, May 1, 2023
auger tension leg platform
Offshore

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: 1806

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

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: 2189

offshore oil rig
Offshore

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: 759

Friday, April 21, 2023
Equinor Looks to Drones to Make North Sea Rig Inspections Easier
Offshore

Equinor Looks to Drones to Make North Sea Rig Inspections Easier

By Kari Lundgren (Bloomberg) — Equinor ASA and Norwegian airport regulator Avinor aim to make “advanced drone operations” over the North Sea common

April 21, 2023
Total Views: 1134

Monday, April 17, 2023
BP Kicks Off Argos Platform Production in US Gulf of Mexico
Offshore

BP Kicks Off Argos Platform Production in US Gulf of Mexico

BP has announced the successful start of oil production at its Argos offshore platform in the U.S. Gulf of Mexico, the company’ first new production

April 17, 2023
Total Views: 3756

Thursday, April 13, 2023
offshore rig north sea
Offshore

Guyana Delays Highly Anticipated Oil Auction to July

April 13 (Reuters) – Guyana’s closely watched auction of 14 offshore oil blocks faces a delay with the South American country

April 13, 2023
Total Views: 875

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: 1364

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: 2706

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: 1852

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: 1565

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: 2996

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: 1423

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: 1709

Monday, March 13, 2023
Biden Backs $8 Billion Alaska Oil Project at Odds with Climate Agenda
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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: 1767

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: 771

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: 1423

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: 4127

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: 826