Prio, a Brazilian oil company, is in discussions to purchase the remaining 60% stake in the offshore Peregrino oilfield from ...

Rising Offshore Exploration and Production Activities, Increasing Offshore Wind Energy Projects, and Rising Upgradation of Aging Fleets Driving Indus ...

Patrick Pouyanne says Tamboti’s permeability is ’not good’, although exploration sources say fracking and horizontal drilling ...

Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility.

Noble secures $70 mln contract with Shell for Noble Developer. Find the latest news from the maritime industry on the PortNews website.

Discover the top 4 undervalued Energy Equipment & Services stocks for Wednesday, February 05 based on AAII’s Stock Grades.

Chief financial officer Brice Morlot said the cost of the Kharas well is expected to be about $95 million. He said long-lead ...

Discover the top 7 undervalued Energy Equipment & Services stocks for Tuesday, February 04 based on AAII’s Stock Grades.

Lerwick Port Authority (LPA) has welcomed the announcement of a new, floating facility to restart oil production at a deep sea field north-east of ...

Swimming in the Arctic Ocean had been on my bucket list for years, and I finally got the chance to make it happen.

The oil and gas (O&G) sector is expected to show strong earnings momentum this year driven by robust domestic upstream ...

Enclosed lifeboat gets second lease at life as a floating home with the most welcoming, custom interiors – and becomes a social media sensation in the process ...