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BP striking out in hotspot for offshore oil exploration
It 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.
Iran hasn’t cut offshore oil output: IOOC
Iran’s offshore oil production hasn’t seen any reduction and the country just loaded crude for export, said Hamid Bovard, the head of the Iranian Offshore Oil Company (IOOC).
Danish firm Orsted signs agreement to work on offshore wind projects in Japan
Tokyo Electric Power Company Holdings (TEPCO) signed a memorandum of understanding with Danish energy business Orsted to work together on offshore wind projects.
UN urges Australia to evacuate offshore refugees over health crisis
The United Nations (UN) asked Australia to urgently evacuate detainees from the Pacific islands of Nauru and Papua New Guinea, saying it bears responsibility for their deteriorating health conditions.
Greece promises to improve conditions in offshore refugee camps
Greece has vowed to improve living conditions for refugees held in detention camps on its Aegean Sea islands.
Belize bans offshore drilling to protect maritime habitat
The Central American nation of Belize, in a move to protect the largest barrier reef in the western hemisphere, has banned the offshore extraction of oil and gas in its maritime territories.
Offshore wind power cheaper than new nuclear
Energy from offshore wind in the UK will be cheaper than electricity from new nuclear power for the first time.
Iran sees need for major offshore investments
Iran needs major investments in its offshore oil and gas sectors, said deputy economy minister on Monday.
Iran keen on offshore oil projects in Europe, Africa
Iran is eager to take part in offshore oil projects in Europe and Africa, said the managing director of Iran Offshore Engineering and Construction Company (IOEC).
Iran to launch offshore bank to process int'l payments
Iran is to establish an offshore bank on one of its Persian Gulf islands "within a month" as it continues to seek ways around restrictions on international payments.
Pakistan opposition leader Khan admits using offshore company
Pakistani opposition leader Imran Khan, who tried to oust Prime Minister Nawaz Sharif in a row over offshore wealth, has acknowledged using an offshore company to avoid paying British tax on a London property sale.
Oxfam: Top US firms tuck away $1.3tn offshore
Major American corporations have hidden more than a trillion dollars in funds offshore, according to a new report released by global anti-poverty charity Oxfam.
Guyana to start offshore oil production soon
The government of Guyana says the country will soon start producing crude oil and gas from an offshore field which was discovered a year ago.

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