Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW.
The prolonged slump in the offshore oil and gas market has Norwegian offshore service specialists Eidesvik turning to offshore wind for work amid Eidesvik Offshore announced this week that it has entered into a service and support vessel with Siemens Wind Power, its first contract within offshore wind sector. Show More Summary
The Irish government said on Thursday it had awarded oil and gas licences to companies including oil majors Eni, Exxon and Statoil, allowing them to explore for hydrocarbons off the coast of Ireland.
OSLO, Feb 11 (Reuters) – As much as one third of the global offshore fleet of oil drilling rigs could be idled in 2016 as energy firms scale back investments on the back of weak crude prices, the head of Danish conglomerate A.P. Moller-Maersk’s rig unit said on Thursday. Show More Summary
By Anthony Deutsch AMSTERDAM, Feb 10 (Reuters) – SBM Offshore, the world’s top oil production ship leasing company, said on Wednesday that U.S. authorities had re-opened an inquiry into bribery allegations involving the Dutch company. Show More Summary
SBM Offshore, the world's top oil production ship leasing company, said on Wednesday that U.S. authorities had reopened an inquiry into bribery allegations by the Dutch company.
Iran's Deputy Petroleum Minister Masoud Hashemian Esfahani said that the cost of oil production in Iran varies from $3 to $7 per barrel depending on whether the extraction is offshore or onshore.
The oil industry has taken it on the chin over the last few months. Prices have fallen along with revenues, and the renaissance in US oil production has turned into a nightmare. According to Diamond Offshore Drilling CEO Marc Edwards,...Show More Summary
By David Wethe (Bloomberg) — Diamond Offshore Drilling Inc. is turning over care and handling of the massive rig safety devices designed to stop well blowouts to General Electric Co. in an agreement that establishes a new industry model. Show More Summary
Two workers have died after fire broke out on the Gulf of Mexico's offshore Abkatun A oil platform belonging to the Mexican state-owned oil giant Pemex, the company said Sunday.
Surfrider chapters and recreation industry leaders prepare to visit Washington D.C. to lobby against offshore oil drilling plans in the Atlantic Ocean
Bibby Offshore, the leading subsea services provider to the oil and gas industry, has developed an innovative vessel share option for clients, which has the potential
Over 100 towns have pledged their resistance to the Obama administration's plan for drilling for oil off the Atlantic coast. The post The Fight Against Offshore Drilling That’s Unifying Towns Along The East Coast appeared first on ThinkProgress.
Aker Solutions won a framework agreement to provide engineering and construction services for several offshore oil and gas fields in the UK North Sea. The contract
The U.S. federal government will stop approving offshore oil fracking operations off California’s coast while it studies how damaging the practice is to the health of wildlife and the environment. In separate deals with Santa Barbara, CA -based Environmental Defense Center ( EDC ) and Tucson, Arizona-based Center for Biological Diversity, the U.S. Show More Summary
WASHINGTON (Reuters) - The U.S. Interior Department issued a safety alert on Tuesday, warning offshore oil and gas drillers about recurring problems with bolts on equipment including blowout preventers.
OSLO, Feb 2 (Reuters) – Owners of ships serving the oil industry will be exempt from paying license fees for 2016 on vessels that have been mothballed, Norway’s industry minister said in a statement on Tuesday. The price of crude oil...Show More Summary
Global shipping and offshore oil and gas operations are increasingly dependent on integrated networks, based on various software and data transfer solutions. Systems
BEIJING (Reuters) - China's cabinet has approved the country's first oil spill emergency response scheme to be ready by 2020, to tackle increasing risks from offshore leakages, the government said on Monday.
A conservation group said the federal government must stop approving offshore fracking from oil platforms in California’s Santa Barbara Channel under the settlement of a lawsuit it filed. The group, the Center for Biological Diversity, in a lawsuit filed in U.S. District Court in Los Angeles,...