The project will leverage SLB’s offshore and deepwater technologies, including real-time downhole monitoring, to reduce operational risk, improve well placement and strengthen project economics.

Occidental Petroleum Corp. and Ecopetrol SA are gearing up to plumb the depths of Colombia's Caribbean waters in search of natural gas and oil. Image by JosephineLi via iStock The oil industry is ...

Amsterdam, February 26, 2026Setting industry benchmarks, increasing shareholder returns HighlightsDirectional1 revenue of US$5.1 billion, above ...

U.S. shale oil production may have peaked, with oil recovery per foot drilled in the Permian Basin declining, while deepwater oil investments are rising rapidly. Offshore discoveries in Guyana, the ...

NOTICE: The project that is the subject of this report was approved by the Governing Board of the National Research Council, whose members are drawn from the councils of the National Academy of ...

Transocean is one of the best oil drilling stocks according to hedge funds, thanks to a compelling recent contract update. As of mid‑July, the Transocean Equinox semisubmersible rig is set to begin a ...

HOUSTON--(BUSINESS WIRE)-- Global energy technology company SLB (NYSE: SLB) has been awarded multiple offshore drilling services contracts by Mubadala Energy, the Abu Dhabi headquartered international ...

Summary Finding 2.1: The flow of hydrocarbons that led to the blowout of the Macondo well began when drilling mud was displaced by seawater during the temporary abandonment process. 2,3 Summary ...