But accidents happen in both deep and shallow water. In 2007, for instance, a journal article written by federal regulators found that 80 percent of 15,077 gulf wells were in 500 feet of water or ...

(Reuters) - Measurements of methane emissions from shallow water oil and gas platforms in the U.S. Gulf of Mexico found they were substantially higher than those from drilling on land, according to ...

Mexico unveils a 10-year plan to boost oil and gas production through fracking, reversing previous policies and aiming to reduce reliance on US natural gas imports.

Perenco has completed the purchase of the Cherne and Bagre concessions in the shallow waters of Brazil’s Campos Basin from ...

Exciting news! ADES International is set to acquire Shelf Drilling in a $380M deal, strengthening their global position in ...

ExxonMobil, Hess, and CNOOC remain interested in the shallow-water block, Exxon’s spokesperson told Reuters via email, after Guyana’s Vice President Bharrat Jagdeo said on November 21 that the ...

Perenco Brazil acquired Cherne and Bagre field concessions in Campos basin from Petróleo Brasileiro SA (Petrobras).

U.S. oil major Exxon Mobil and partners have pulled out of negotiations with Guyana's government on terms for exploring and developing a shallow-water oil block, the South American country's vice ...

The efforts have enabled Nigerian companies to play prominent roles in the safe and efficient operations of the Bonga Floating, Production, Storage and Offloading (FPSO) vessel which produced the ...

US independent EOG Resources is looking to fast-track a new shallow-water oil discovery in Trinidad & Tobago in an area populated with existing production platforms. EOG said in its latest ...

Measurements of methane emissions from shallow water oil and gas platforms in the U.S. Gulf of Mexico found they were substantially higher than those from drilling on land, according to research ...