Transocean is forecasting a recovery in the offshore rig market as E&Ps direct capital offshore and exploration activity ...

BP ( NYSE: BP) on Monday announced its biggest oil and gas discovery in 25 years at the Bumerangue prospect, located in ...

(Reuters) -BP said on Monday it has made its largest oil and gas discovery in 25 years in Brazil's Santos basin, a so-called ...

Oil and gas companies are bringing several new projects online in the Gulf, moves aimed at keeping production flowing ...

VTOL maker AutoFlight announced the completion of the world's first offshore oil platform cargo transport mission utilizing a ...

Sable Offshore Corp. plans to restart oil production at all three of its offshore facilities near the Santa Barbara coast by ...

Iran locked in long-standing dispute with Saudi Arabia and Kuwait over controversial Dorra gas field development ...

The Chinese heavy-duty EVTOL V2000CG transports loads of up to 400 kg by air. The system can thus supply offshore platforms.

Free cash flow (non-GAAP) fell sharply to $17.8 million, compared to $174.4 million in Q2 2024. Quarterly dividend increased 8.3% to $0.325 per share. These 10 stocks could mint the next wave of ...

Tenaz Energy Corp. has let a contract to Shelf Drilling Ltd. for the Winner jack-up rig to drill offshore Netherlands. Operations will start October-November 2025. Shelf Drilling subsidiary Shelf ...

The Trump administration reopens Santa Ynez Unit with 190 million barrels of recoverable oil after 2015 spill, facing ...

Sable Offshore is restarting three platforms, even as California regulators pursue cease-and-desist orders against the ...