CVX eyes a significant output boost from the Gulf of America by 2026, driven by new deepwater projects like Ballymore and ...

Milaha, the leading provider of maritime and logistics solutions, has bagged a ten-year contract, valued at QR792mn, from the North Oil Company (NOC) to operate “Milaha Al Shaheen”, the first ...

Shell Offshore Inc., a subsidiary of Shell plc, has commenced production at the Dover field in the Gulf of Mexico, a key milestone that reinforces the company’s leadership in deepwater oil and ...

So far this season, the U.S. energy industry has suffered the worst disruption from Hurricane Francine, which shut in about 42% of oil production and 52% of natural gas production in the Gulf.

Despite escalating regional tensions and military actions, Gulf National Oil Companies (NOCs) are maintaining their long-term strategies focused on stability, economic diversification, and global ...

British energy giant BP earlier awarded Transocean a 1,095-day contract, also for work in the U.S. Gulf of Mexico. For the $531 million job, Deepwater Invictus is expected to be deployed in the ...

About 25% of crude oil production and 20% of natural gas output in the U.S. Gulf of Mexico was shut in as a result of Hurricane Helene, the Bureau of Safety and Environmental Enforcement said on ...

The Gulf is producing near record highs of 1.9 million barrels of oil per day, but that’s still only 14% of the nation’s world-leading high of 13.5 million barrels daily.

A BP oil platform in the Gulf of Mexico. The company said it has discovered oil in the Far South prospect that it co-owns with Chevron. Photo: Toby Harriman for The Wall Street Journal.

US contractor McDermott International Ltd. has been awarded a front-end engineering contract by a unit of Spain-based energy company Repsol to develop the Polok and Chinwol oil fields in the Gulf ...

WASHINGTON — The Interior Department is helping to increase oil production in the newly renamed Gulf of America by 100,000 barrels per day under a new policy following President Trump’s ...

Additionally, Shell and BP America Production Co. entered into an agreement for the Rome Pipeline to export 100% of the oil production from bp's recently sanctioned Kaskida project in the Keathley ...