Israel, Lebanon clash over offshore oil and gas tender

By Jite Eriabie  Israel described as “very provocative” on Wednesday a Lebanese offshore oil and gas…

FG to probe Nigerians using offshore tax havens

  The Minister of Finance, Mrs Kemi Adeosun, on Tuesday, said that the government would investigate…

Trump’s budget proposes selling off half of U.S. oil Stockpile, kills offshore oil revenue sharing among Gulf states

The White House plan to trim the national debt includes selling off half of the nation’s…

Bourbon loses $299.1m in 2016 in worst crisis for offshore marine in 40 years 

Offshore vessel owner Bourbon reported a hefty loss of EUR279.6m ($299.1m) for 2016 in what it…

Korea’s ‘Big 3’ shipbuilders suffering from delayed offshore plant deliveries

Korea’s “Big 3” shipbuilders are suffering from a curse of low oil prices. They are suffering…

Bourbon sees offshore market hitting bottom    

France-based Bourbon Offshore is hoping that the market for offshore oil and gas marine services has…

Norwegian companies cut offshore investments

Oil and gas companies operating in Norway, western Europe’s biggest producer, cut investment forecasts further for…

Are more offshore companies set to fail after Swiber?

By Marcus Hand from Singapore The dramatic collapse of Singapore offshore company Swiber underscores the parlous…

U.S. releases final rules for offshore drilling in the Arctic

The U.S. Department of Interior on Thursday released its final regulations over any future offshore exploratory…