Oil & Gas

Giant lease sale seen as “modestly active”

MARCH 21, 2018 — Interior Assistant Secretary for Land and Minerals Management Joe Balash today announced that region wide Gulf of Mexico Lease Sale 250 conducted today by Interior’s generated $124,763,581 in

Statoil to change its name to Equinor

MARCH 15, 2018 — Statoil reports that its board is proposing to change the name of the company to Equinor. It says that the name change supports the company’s strategy and development

Bibby Offshore scores subsea sector hat trick

MARCH 14, 2018 — Aberdeen, Scotland, headquartered subsea services provider Bibby Offshore reports that it has booked three separate multimillion dollar contract wins with an oil and gas super major. The initial

Harvey Gulf files for Chapter 11 bankruptcy

MARCH 8, 2018 — Shane J. Guidry’s Harvey Gulf International Marine and 90 affiliated entities yesterday each filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in