BW Energy is pleased to announce that second sidetrack DBM-1 ST2 well has confirmed the substantial oil discovery with good ...

Matador Resources Co., Dallas, is trimming 2025 drilling and completion plans in response to lower commodity prices. The ...

Much has changed in the Gulf Coast region in the years since the Deepwater Horizon blowout and oil spill. In this piece, ...

Shell plc SHEL, the British energy giant, has hired Stena Drilling for work offshore Suriname. The energy giant has awarded a contract to Stena Drilling, via its subsidiaries KE STP Company and ...

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With the above developments, six rigs that were idle for part or the whole of 1Q25 are set to resume operations, laying the foundation for a significant improvement in utilisation, revenue and EBITDA ...

Belgian offshore contracting group DEME has agreed to buy Norway-based Havfram in a major deal for the offshore wind vessels sector. DEME said the deal, which is due to complete by the end of April, ...

Middle East drilling player ADES has signed a long-term renewal deal with Saudi Aramco for one of its offshore jack-up rigs, the contract for which was suspended last year by the state giant.

Editing by David Goodman, Mark Potter, Ros Russell, Cynthia Osterman and Rod Nickel Energycategory US aims to boost offshore oil drilling by easing pressure rules 5:07 PM UTC · Updated ago ...

Mining companies are looking to automate their exploration drill rigs to lower costs and increase process efficiency. Credit: Parilov via Shutterstock. Mineral exploration is often be considered to be ...