Rystad: offshore oil and gas investment to reach $104 billion in 2024. The Financial Times reported this week that in 2025, offshore oil will account for more non-OPEC oil supply than U.S. shale oil.

KOIL is globally recognized for providing competitive subsea systems and services that support the full life cycle of offshore oil and gas developments. Its high-performance methodologies and ...

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 ...

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(The Center Square) – In the effort to advance American energy dominance, the EPA issued the “Clean Air Act permit” for an offshore deepwater port in Texas meant for crude oil export – with an energy ...

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 ...

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 ...

(MENAFN- Daily News Egypt) Minister of Petroleum and Mineral Resources Karim Badawi said 2026 will witness the drilling of the largest number of offshore wells in recent years, underscoring the need ...

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 ...