Danish shipping giant Maersk in October cancelled a US$475 million contract with Seatrium to build a vessel. Read more at ...

Brazil's state-run oil firm Petrobras and Norway's Equinor were the big winners in a Wednesday auction for areas in Brazil's ...

The country is doubling down on a controversial drive to boost oil production in the run-up to UN climate talks it is hosting ...

The Brazilian government raised R$103.7 million by granting five new oil exploration areas in the pre-salt region, located in the Santos and Campos basins, on Wednesday (22). Two blocks received no ...

The dispute stems from Maersk Offshore Wind's ( OTCPK:AMKBF) ( OTCPK:AMKBY) termination of the contract on October 9, which ...

The oil regulator ANP announced on Wednesday that Brazil's Petrobras, the state-run oil company, and Norway's Equinor had won a block in Brazil's Pre-salt Area.

U.S. shipbuilders and port operators are getting hit in the fallout from President Donald Trump’s campaign to wipe out the ...

Brazil sold five of the seven blocks offered in an oil auction on Wednesday to majors including Petrobras and Equinor ASA in a sign of renewed interest to explore in deep waters off the country’s ...

When you click on “Accept all”, you consent to ads on this site being customized to a personal profile we or our advertising ...