News

Turkish state oil company TPAO will sign a gas production-sharing agreement with Azerbaijan's SOCAR and BP for the ...
Port Fourchon at the southern tip of Lafourche Parish is the go-to service station for offshore energy production, serving as ...
W&T Offshore's business model appears to benefit from new executive orders enacted by the Trump administration. Click here to ...
A Chinese state-owned company gave up control of the same offshore extraction block in 2013 after finding too little gas to ...
While shale oil offers flexibility, its growth is expected to plateau, prompting companies to focus more on offshore drilling ...
Oil and Natural Gas Corporation has announced significant oil and gas discoveries in the Mumbai Offshore basin. These finds, ...
The discoveries have been made in blocks awarded under the Open Acreage Licensing Policy (OALP) regime, the state-owned firm ...
Petrobras PBR, Brazil's state-controlled integrated oil and gas company, has awarded a substantial €250 million contract to Empresa Construtora do Brasil, a subsidiary of Portuguese multinational Mota ...
Oil and natural gas industry leaders expect technological advancements, streamlined permitting, and sustained investment to ...
An opinion from NOAA’s Fisheries Service triggered immediate lawsuits from both oil industry players and environmental groups ...
Norway's combined oil and gas production exceeded an official forecast by 1.2% in April, even though it declined slightly ...
Myanmar’s military government has awarded its first offshore production sharing contract since seizing power in February 2021 ...