We recently published an article titled Jim Cramer’s Lightning Rounds: 9 Stocks in Focus. In this article, we are going to ...

Harbour has drilling clearance for its Streambeacon exploration well until 4 January 2026, according to a deep drilling screening direction published by the Offshore Petroleum Regulator for ...

The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for a wildcat well in the North Sea.The permit is ...

For nearly three decades, we have been the go-to source for independent news and analysis of the major oil and gas projects shaping the industry and the people behind them. In recent years ...

Fintel reports that on January 15, 2025, Evercore ISI Group downgraded their outlook for Transocean (NYSE:RIG) from Outperform ... drilling services for oil and gas wells. Transocean specializes ...

also known as drilling rigs, are structures designed for drilling wells into the earth to extract oil and natural gas. They can be located on land or in the ocean and are equipped with specialised ...

adding that the number of active oil rig has increased by 79 percent from 8 in 2021 to the current 38. He said: “The upstream sector experienced growth in the national oil and gas reserves by 1. ...

Diamond sold the 50-year-old semisub rig Ocean Monarch for scrap and announced that the same would be done with the Ocean Valiant which hasn’t had a contract since 2020. An offshore oil platform ...

Fairmount Marine’s tug Fairmount Summit has delivered rig Ocean Valiant safely in the port of Las Palmas, Canary Islands. Fairmount Summit has towed the rig from offshore Cameroon over a distance of ...

When hundreds of eerily perfect circles were discovered on the bottom of the Mediterranean Sea, theories abounded about what ...

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) the oil rigs Discoverer Inspiration and Development Driller III were considered non-strategic ...

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