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

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

Kuwait Oil Company has made its third offshore discovery with production capacity of more than 29 million cubic feet per day of natural gas, it said on Monday. The find comes as a boost to the ...

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

Can oil, the climate villain, be used to pay for its own demise?"There is no such thing as sustainable oil, period," Suely ...

India's latest deepwater gas discovery in the Andaman-Nicobar Basin, led by Oil India, is a pivotal step towards enhancing ...

In two recent decisions, the US Court of Appeals for the Fifth Circuit has sharpened the test for how and when an offshore oil and gas contract is considered “maritime” in nature. Both holdings have ...

Former President Joe Biden violated the law when he ordered 625 million acres of federal waters closed to future oil and gas leasing because he failed to set an end date for ...

Exciting news from Kuwait! The country marks its 3rd offshore oil discovery, a significant boost to their energy production.

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