Running in a near-straight, northerly line from just east of Shetland, the maritime boundary between Norway and the UK might ...

Equinor ASA EQNR, a Norwegian integrated energy company, has secured drilling permits from the Norwegian Offshore Directorate to drill two wildcat wells in the North Sea. Wildcat wells are exploratory ...

The UK’s windfall tax and scrapped investment allowances have driven out major producers like Ineos and Apache, with 2025 set ...

Equinor Energy AS has been granted drilling permits for well 34/4-19 S in production license (PL) 057 and well 34/6-9 S in PL 554, both in the North Sea, by the Norwegian Offshore Directorate. Wildcat ...

Francesco Mazzagatti is attempting to make a £400m investment in the North Sea while simultaneously fighting a court battle ...

Rachel Reeves has suggested Labour will soften its crackdown on North Sea oil in a blow to Ed Miliband’s net zero ambitions.

Despite a year-over-year decline, the North American drilling rig count increased by 7 this week, reaching 725. Oil rigs in Canada increased by 3, while the US added 2 oil-directed rigs. The drilling ...

Borr Drilling , a Norwegian contractor of shallow water drilling rigs, warned on Monday that the company continued to face a "very challenging" financial situation after reporting $61.9 million in net ...

North America added seven rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on September 12. The U.S. added two rigs and Canada added five rigs ...

On a North Sea oil rig several years ago, an engineer noticed a strange phenomenon. A cloud of insects would descend from the sky and land on the upper reaches of the platform. There were thousands of ...