Global oil inventories have swollen at a rapid clip in recent months, but given the bulk of the increase has been in the Asia ...

Singapore-based offshore contractor OceanSTAR Elite (OSE) has achieved a key construction milestone with the keel-laying of ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time ...

Emerald Storage received approval to proceed with construction of its Mississippi Hub Expansion and Columbia Gas Transmission ...

One would think that the offshore industry would be cratering with oil prices for a barrel having fallen from the $70s into ...

North America dropped six rigs week on week, according to Baker Hughes' latest North America rotary rig count.

The oil and gas rig count fell by seven to 547 in the week to June 27. Baker Hughes said oil rigs fell by six to 432 this week, also their lowest since October 2021, while gas rigs decreased by two to ...

U.S. oil and gas drilling rigs hit their lowest count since 2021, with declines in major basins and continued monthly drops.

Baker Hughes, a leading energy services company, said that the U.S. has cut its number of operating oil and gas rigs for the fourth consecutive month to the lowest level since October 2021. The number ...

The total North America rig count remained unchanged week on week, according to Baker Hughes' latest North America rotary rig count.

Two Cosco units have gained approvals for their planned floating liquefied natural gas and storage unit from Norwegian classification house DNV. Shipping (Qidong) Offshore and Cosco Shipping ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for an eighth week in a row for the first time since September 2023, energy services firm Baker Hughes said in its ...