When a Texas oil company first announced controversial plans to reactivate three drilling rigs off the coast of Santa Barbara ...
Brazil’s state-controlled Petrobras is resuming production at a platform at one of its two biggest offshore oil fields, potentially adding to a global supply surplus that has left crude prices in the ...
Chevron is gearing up to drill the Korikori-1 well offshore Suriname this October! A step forward in local energy ...
Transocean boasts a $7.2B backlog, with increasing bidder interest supporting long-term revenue visibility. Read why RIG ...
A type of insect called the marmalade hoverfly was observed on an oil rig stationed 200 kilometers off the coast of Scotland. More than 100 hoverflies were studied, and 92% of them were carrying ...
Nigeria is poised to take a significant step towards shaping the future of Africa’s oil industry by spearheading a ...
Venezuela’s autocrat had proposed allocating his country’s oil wealth and other natural resources to the U.S. and ending ...
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 ...