The Deepwater Horizon oil spill of 2010 caused extensive environmental and economic damage, emphasizing the need for better ...

India's largest privately owned oil and gas company Cairn India said it may invest in U.S. service and engineering companies ...

The scope and precision associated with offshore projects leads to longer contracts on average compared with onshore projects, resulting in comparatively steadier revenue streams. Regardless, ...

Welcome to the W&T Offshore Fourth Quarter and Full Year 2024 Conference Call. During today’s call, all parties will be in a listen-only mode. Following the company’s prepared comments, the call will ...

On Mar. 10, 2025, container ship MV Solong collided with fuel tanker MV Stena Immaculate off the UK coast, triggering an ...

Shell has started first oil production from the next development phase of a deepwater oil project offshore Malaysia, the UK-based supermajor said on Friday as Europe’s largest oil and gas ...

said that the contract underscored its long-term partnership with the Saudi-based IMI to construct offshore rigs. IMI is a joint venture sponsored by state producer and oil giant Saudi Aramco. Kingdom ...

Nigeria's state oil firm NNPC announced a joint venture with Swedish tanker giant Stena Bulk and Nigerian offshore logistics leader Caverton Marine to overhaul maritime transportation in West ...