RIG boosts its global presence with $89M in new contracts across Brazil, Norway and Romania, reinforcing demand for deepwater ...

Petrobras (PBR) likely will delay awarding as many as four drilling contracts for its largest offshore field by at least a few months until 2026, after previously expecting to finalize the contracts ...

Petrobras PBR, Brazil’s state-controlled integrated oil and gas company, is reportedly delaying the awarding of up to four key drilling contracts for its largest offshore oil field, Buzios. According ...

BP plc has signed a contract to provide technical services to India’s Oil and Natural Gas Corporation Limited (ONGC) for the Mumbai High field, India’s largest offshore oil field. BP said in a news ...

New technologies and regulatory reforms have boosted the offshore industry, 15 years after the Deepwater Horizon catastrophe ...

Minutes after the two largest offshore oil and gas drillers agreed to merge, attention shifted to who would be next. NEW DELHI, Jul 20, 2007 (Dow Jones Commodities News) Minutes after the two largest ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy — including some strange sources being explored — is still a long way away.

The Bedout sub-basin is the most exciting new offshore exploration play in Australia, and has delivered the large Dorado oil ...

If the Bureau of Ocean Energy Management has its way, a huge swath of the Eastern Gulf, long considered off limits, will be ...