The $5 billion project in the Gulf of Mexico is expected to help produce up to 10 billion barrels of oil by the end of this decade. Critics say it could endanger people and marine life.

Petrobras PBR, the state-controlled Brazilian oil giant, has extended and secured new contracts with Oceanica Engenharia, a key player in the country’s offshore support industry, in a landmark deal, ...

Deep Fission’s "Gravity" reactor uses water columns to create the 160 atmospheres of pressure needed for power.

AquaTerra Group has completed what it said is the first full-length internal repair of a seawater and drilling cuttings disposal caisson on an offshore production platform in the North Sea, using its ...

California-based startup Deep Fission, which aims to place small modular reactors in boreholes a mile underground, has begun drilling the first of three planned data acquisition wells in Parsons, ...

In the latest tender, Eni envisages the drillship carrying out drilling, well testing, subsea completion and christmas tree installation in a minimum water depth of 2000 to 2200 m ...

Transocean Ltd. RIG is a leading provider of offshore contract drilling services for oil and gas wells, with a fleet primarily focused on high-specification deepwater and ultra-deepwater rigs. Over ...

Despite strong reviews and an impressive 82% score on Rotten Tomatoes, the movie struggled at the box office, grossing around $121 million worldwide against a reported $110 million budget. In time, ...

TotalEnergies is evaluating expressions of interest (EoI) from companies able to provide port services to a major offshore development drilling campaign in Mozambique. The French supermajor’s recently ...

Discover the top 7 undervalued Energy Equipment & Services stocks for Friday, March 06 based on AAII’s Stock Grades.

Perenco installed the new platform on Kombi-Likalala-Libondo II field offshore Congo-Brazzaville. Perenco Congo installed the new Kombi 2 platform on Kombi-Likalala-Libondo II (KLL II) field offshore ...