U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil ...

Witness the impressive scale and engineering of offshore oil platforms with this captivating drone footage, capturing these industrial giants rising from the vast expanse of the sea. Explore the ...

Norway-based Tampnet, a notable player in offshore private 5G, has a major new multi-site gig with oil firm Aker BP, and a ...

Associated gases put oil rigs in a real lose-lose scenario: burning the gas is an environmental hazard of its own, but the alternative — venting the gas directly into the atmosphere — is just ...

Jack-up rigs are used in shallow waters up to around 500 feet and can drill beyond 5.6 miles. Their long legs — which reach the seabed and elevate the platform above the surface — offer a ...

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Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate ...

At latitude 71.3 north, it will be 140 miles closer to the pole than Russia's Prirazlomnoye platform in the eastern Pechora Sea—the only other offshore rig currently producing oil in Arctic waters.

Gov. McMaster urged BOEM to exclude SC waters from offshore drilling. Nonprofits also want the ban on oil and gas development in the Atlantic to stay.

A UK energy services giant, OEG Energy Group, returned to profit and saw revenue and job growth before being acquired by US investment group Apollo in a billion-dollar deal.

The Chinese Room's impressively choreographed oil rig horror Still Wakes the Deep is making a return, in a brand-new bit of story DLC that'll pick up the action almost a decade after the events of ...

ConocoPhillips Skandinavia has completed drilling a key appraisal well in the Norwegian Sea, further confirming the scale and quality of its 2020 Slagugle oil discovery. The well, 6507/5-12 S, was ...