Staatsolie, the state-owned national oil and gas company of Suriname, has announced that Chevron Suriname Exploration is set ...

The Iranian Offshore Oil Company (IOOC) has reportedly entered into two agreements to acquire advanced offshore drilling rigs ...

A Texas company wants to drill for oil off Santa Barbara County's coast. Experts say its path to oil sales is looking more ...

Transocean Ltd. (NYSE:RIG) is one of the best penny stocks to buy according to hedge funds. In a report released on October 6 ...

Offshore oil drilling contractor Seadrill expects the market for its rigs to remain depressed until late 2021, the Oslo-listed firm said on Friday as it continued talks with creditors over a debt ...

India's ONGC plans to hire at least four cantilever-type jack-ups of MLT or BMC design, able to operate in water depths up to ...

It sets a blueprint for coming upgrades, the first where Vietnamese talent took full ownership a jack-up rig's drive and ...

The Eni-led Bacton CCS project aims to decarbonise power and industrial processes in the Bacton and Thames regions in eastern ...

Kuwait, an OPEC member and major oil producer, has increased imports of natural gas to meet surging domestic power demand ...

Saudi Arabia’s oil drilling giant ADES Holding Company has received 99.6% shareholder approval for its merger with Norwegian ...

Royal Dutch Shell Plc began securing offshore drilling operations in the U.S.-regulated northern Gulf of Mexico in the path of Tropical Storm Sally, but there has been no impact on production, the ...