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Saipem has strengthened its offshore drilling order intake with new contract awards and extensions worth a total amount of ...

British families of those killed in a Norwegian oil rig disaster have welcomed a decision to set up a compensation scheme ...

An owl has been saved from a North Sea oil rig after being blown nearly 200 miles off course by storm winds. The short-eared ...

An owl has been saved from a North Sea oil rig after being blown nearly 200 miles off course by storm winds. The short-eared ...

Sable purchased the Santa Ynez Unit from Exxon Mobil in 2024 for nearly $650 million primarily with a loan from Exxon. Exxon ...

An exhausted owl that was rescued after landing on a North Sea platform has been released back into the wild. The female ...

A lost owl had to be rescued by helicopter after landing on an oil platform 180 miles out to sea. The short-eared owl was ...

Borr Drilling , a Norwegian contractor of shallow water drilling rigs, warned on Monday that the company continued to face a "very challenging" financial situation after reporting $61.9 million in net ...

Private equity-backed Chrysaor has agreed a reverse takeover of Premier Oil , the firms said on Tuesday, creating the British North Sea's largest oil and gas producer at a time the sector is facing a ...

The Gulf of Mexico, a regional ocean, is hugged by the southeastern United States and a large stretch of the Mexican coast, ...

Hibiscus Petroleum Berhad announced in a statement posted on its website recently that it commenced drilling at the Teal West Development, which is situated in the North Sea. The company noted in the ...