US-based offshore drilling contractor Valaris has secured a contract from BP Exploration Delta, a subsidiary of bp, for its ...

BP agreed to sell adjoining production and exploration assets on the UK's side of the North Sea that include the Culzean gas and condensate field to Serica for at least $232 million.

The agreement covers the drilling of five natural gas wells in BP’s Mediterranean concessions, at depths ranging between 300 ...

The new program follows bp’s exploration campaign in the first half of 2025, which led to two discoveries: Fayoum-5 and ...

The John Fredriksen-backed owner said a five-well deal has been agreed in Egypt for its 70,000-gt Valaris DS-12 (built 2014).

The cost reduction would account for about 15% of the planned operational and capital expenditure cost of ₹62,000 crore ...

State-run Oil and Natural Gas Corp. (ONGC) plans to save ₹9,300 crore by FY27 through various cost-optimization measures and operational efficiency improvements.

Egypt is rolling the dice on black gold once again, announcing plans to drill 480 new exploratory oil wells over the next ...

ONGC aims to cut oil production cost by 15% in two years, saving ₹9,000 crore by FY27. Learn about the strategic measures ...

BAKU, Azerbaijan, October 14. The Shah Deniz consortium is pleased to announce the award of three major offshore contracts to ...

The prospect of a contango is casting a shadow over oil markets, with the entire 2026 WTI futures curve now trading below $60 ...

Houston-based Harvest Midstream and Alaska’s Interior Gas Utility (IGU) have completed the first delivery of LNG via pipeline ...