Next Oil Boom is Moving Offshore… Way Offshore
By Rod Nickel and Sabrina Valle Aug 31 (Reuters) – Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline
By Rod Nickel and Sabrina Valle Aug 31 (Reuters) – Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline
Uy accepted billions in loans - including more than $1 billion from Chinese banks to fund a partnership deal with China Telecommunications - and now the
By Gram Slattery GEORGETOWN, Aug 25 (Reuters) – Ever since Exxon Mobil found vast deposits of oil off Guyana’s coastline in 2015,
By Laurel Calkins and Jennifer A. Dlouhy (Bloomberg) — President Joe Biden won temporary permission to once again pause energy leasing on federal lands
Singaporean shipbuilder Keppel Offshore & Marine has won a $2.9 billion contract to construct one of the world’s largest FPSOs for Brazil’s
By Laila Kearney New York,(Reuters) – A damaged oil pipeline component that disrupted output at several offshore U.S. Gulf of Mexico platforms was
By Arathy Somasekhar and Laila Kearney HOUSTON, Aug 11 (Reuters) – U.S. offshore oil producers Shell, Chevron and Equinor on
Singaporean rigbuilder Keppel O&M has announced the termination of contracts over failure of clients to make final payments and take delivery. The
ISTANBUL, Aug 9 (Reuters) – Turkey resumed its hydrocarbon drilling operations in the eastern Mediterranean on Tuesday after a two year hiatus, though
Houston-based Tidewater Inc. (NYSE: TDW), owner and operators of the world’s largest fleet of offshore support vessels, says this year has marked an
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
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