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Offshore Oil And Gas News

Transocean Hires Financial Advisor to Evaluate ‘Strategic Alternatives’Transocean Hires Financial Advisor to Evaluate ‘Strategic Alternatives’Transocean Ltd. has tapped Lazard Freres & Co. LLC to be its financial adviser as the world’s biggest owner of deepwater oil rigs confronts history’s worst crude crash.06 August 2020 Thursday 12:10
Global Oil Demand Starts a Long, Painful and Uncertain RecoveryGlobal Oil Demand Starts a Long, Painful and Uncertain RecoveryFew have a better watchtower over oil demand than Joe Gorder, chief executive officer of major U.S. refiner Valero Energy Corp. But this week Gorder didn’t even need his business insight to know that fuel consumption was starting to recover in America.05 May 2020 Tuesday 13:22
Maersk Drilling Announces North Sea LayoffsMaersk Drilling Announces North Sea LayoffsMaersk Drilling says it is taking steps to reduce its offshore crew pool as it stacks North Sea rigs in light of the COVID-19 pandemic and crash in oil prices.30 April 2020 Thursday 16:44
Offshore Driller Valaris to Explore Bankruptcy with Creditors -SourcesOffshore Driller Valaris to Explore Bankruptcy with Creditors -SourcesOffshore oil driller Valaris PLC is preparing to start talks with creditors to see if they can agree on terms for a possible bankruptcy filing, as it grapples with a $6.5 billion debt burden .22 April 2020 Wednesday 15:13
Coronavirus Delaying Safety Work Across Oil and Gas SectorCoronavirus Delaying Safety Work Across Oil and Gas SectorThe coronavirus pandemic is delaying vital maintenance across the oil and natural gas industries in Europe and North America.28 March 2020 Saturday 10:50
Lawmakers Urge U.S. Interior to Cut Offshore Oil Royalty RatesLawmakers Urge U.S. Interior to Cut Offshore Oil Royalty RatesLawmakers representing U.S. Gulf coast states on Friday asked Interior Secretary David Bernhardt to temporarily cut the royalty rate oil and gas companies must pay on their offshore drilling operations to help the industry weather a market crash.21 March 2020 Saturday 14:38
Exxon May Take a Pass on Brazil’s Top Deepwater Oil DiscoveryExxon May Take a Pass on Brazil’s Top Deepwater Oil DiscoveryExxon Mobil Corp. could take a pass on what it considers the world’s top deep-water oil discovery when Brazil puts the giant Buzios field up for auction next week.01 November 2019 Friday 16:19
BP is Striking Out in a Hotspot for Offshore Oil ExplorationBP is Striking Out in a Hotspot for Offshore Oil ExplorationIt was supposed to be BP Plc’s big Brazilian breakthrough after years of setbacks in one of the world’s top destinations for offshore oil.01 October 2019 Tuesday 10:00
U.S. House Considering Three Bills to Limit Offshore DrillingU.S. House Considering Three Bills to Limit Offshore DrillingThe U.S. House of Representatives on Wednesday passed a bill to ban offshore oil and gas drilling off Florida, the first of three measures it is considering12 September 2019 Thursday 09:11
In U.S. Gulf of Mexico, Robots and Drones Take on Dangerous Offshore Oil and Gas WorkIn U.S. Gulf of Mexico, Robots and Drones Take on Dangerous Offshore Oil and Gas WorkAt BP’s massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor.04 May 2018 Friday 12:52
Interior Secretary Says U.S. Won’t Lower Offshore Oil and gas Royalty Rates ‘At This Time’Interior Secretary Says U.S. Won’t Lower Offshore Oil and gas Royalty Rates ‘At This Time’Interior Secretary Ryan Zinke said on Tuesday he will not lower royalty rates for offshore oil and gas lease sales “at this time” despite a recommendation from an advisory panel to do so.19 April 2018 Thursday 12:09
Israel, Lebanon Clash Over Offshore Oil and Gas TenderIsrael, Lebanon Clash Over Offshore Oil and Gas TenderIsrael described as “very provocative” on Wednesday a Lebanese offshore oil and gas exploration tender in disputed territory on the countries’ maritime border, and said it was a mistake for international firms to participate.01 February 2018 Thursday 14:27
Greece launches new offshore oil and gas tendersGreece launches new offshore oil and gas tendersGreece launched two tenders on Monday for offshore oil and gas exploration and exploitation in the west and south of the country, the energy ministry said.08 August 2017 Tuesday 17:10
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