Argentine President Javier Milei said on Thursday he would tighten sanctions on companies involved in oil projects around the Falkland Islands, boost defense resources in the country's south and send Congress a bill aimed at strengthening Argentina's…
Shell Offshore, a subsidiary of British oil and gas major Shell SHEL.L, said on Wednesday it would acquire a 30% stake in the BP-operated Conifer exploration prospect in the Gulf of Mexico.Shell and BP are prioritizing long-term growth in their…
The U.S. Interior Department is preparing to ease environmental review requirements for some oil and gas exploration activities in Alaska's National Petroleum Reserve as part of the Trump administration's push to speed energy development in the Arctic…
An Alaska federal judge on Monday threw out a lawsuit by environmental groups challenging President Donald Trump’s move to allow offshore drilling along broad swaths of previously protected coastline.U.S. District Judge Sharon L. Gleason found the lawsuit by groups…
Saudi Arabian drilling contractor Arabian Drilling has signed a contract with Masirah Oil and Northern Offshore to drill two firm wells and two optional wells in Oman, marking the company's entry into a new Gulf Cooperation Council (GCC) market…
Equinor, Aker BP and Vår Energi have established a strategic exploration collaboration to pursue some of the largest remaining oil and gas opportunities on the Norwegian continental shelf (NCS).The aim is to increase the chances of major discoveries…
Equinor and Aker BP have made a gas/condensate discovery in the North Sea, using COSL’s COSLInnovator semi-submersible drilling rig.The discovery was made in the ‘Linga’ prospect by drilling an exploration well 25/7-13 in production license 782 S…
Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as Europe's 'green battery', Energy Minister Terje Aasland told Reuters…
TenneT has completed the directional drilling under the beach and part of the seabed at Maasvlakte. Nine plastic protective conduits have now been laid in the boreholes, forming a protected passage for the electricity cables of the offshore wind farms…
Transocean has announced a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 drillship with ONGC in India.The campaign is expected to commence in the first quarter of 2027 and contribute approximately $300 million in contract value…
Dolphin Drilling’s deepwater capable semisubmersible rig, Blackford Dolphin, will continue its drilling contract for Oil India Limited.The contract has been extended up to October 15, 2026, to enable completion of drilling, testing, and abandonment work at locations East of India…
Oil service provider SLB and private equity firm Formentera Partners are working to either reactivate oil rigs in Venezuela or import additional rigs into the country in the coming months, executives from both firms said on Wednesday during a conference in Houston…
Dolphin Drilling announced its financial results for the second quarter and first half of 2026, highlighting it as a significant step forward in Dolphin Drilling’s repositioning, with increased long-term contract coverage, continued strong safety…
Petrobras has identified the presence of hydrocarbons in an exploratory well being drilled in block FZA-M-59, in deep waters off the coast of Amapá in the Amazon River mouth sedimentary basin on the Brazilian equatorial margin.The Morpho well…