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.

The first molecule of natural gas from the Black Sea could be extracted in the first half of 2027, energy minister Bogdan ...

ADNOC has announced the final investment decision for the SARB Deep Gas Development offshore Abu Dhabi, a strategic project ...

New Delhi: State-run Oil India Ltd (OIL) and French energy major TotalEnergies have joined hands for the exploration of deep and ultra-deepwater offshore basins in the country. In a statement on ...

(Reuters) - Deepwater Wind is racing to build the first U.S. offshore wind farm off Rhode Island and hopes to parlay that into a string of East Coast farms that could partially replace embattled ...

Discover the incredible story behind the construction of the Petronius offshore oil rig, one of the most ambitious projects in the energy industry. This video takes you through the complex process of ...

Coflexip Stena Offshore reported that its new deepwater pipelay and subsea construction vessel, the CSO Deep Blue, has commenced operations for the Williams Banjo/Seahawk project in the Gulf of Mexico ...

Jiangsu Rongsheng Heavy Industries Group Co Ltd began building CNOOC 201, a deepwater pipe laying and lifting vessel for China National Offshore Oil Corporation in Rugao Port of Nantong City in ...

While fishermen continue to haul in golden tilefish out in the deep offshore, fluke fishermen have had it with the south wind inshore. If there is one theme to this summer so far, it is the south wind ...

Progression from trainee to independent deepwater coverage typically adds $150–$300/day. Moving to lead on complex wells (HP/HT, narrow ECD window, synthetic/oil-based systems) can add $200–$400/day ...