A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf of Mexico, faulting the government with failing to sufficiently analyze its ...
Aker BP ASA completed drilling wildcat well 6507/2-8 on the Kongeørn prospect in production license (PL) 942 in the Norwegian Sea, 240 km west of Sandnessjøen. The well is class ...
Aker BP ASA has been granted a drilling permit by the Norwegian Offshore Directorate for wildcat well 6405/7-4 in production license 1005 northeast of Trondheim in the Norwegian Sea. The well will be ...
A robotic rig deployed at a project last year increased productivity by about 50% and consumed 75% less water than the more ...
Offshore rig market faces a challenging year ahead, with falling dayrates and weak demand amid contract suspensions and ...
U.S. shale needs much higher oil prices than $50 per barrel, and even higher than the current WTI Crude price in the high ...
The company has hired the Deepsea Atlantic semi-submersible rig from Odjfell Drilling’s fleet to drill the two exploration wells. The drilling activities are scheduled to start in April 2025.
On April 20, 2010, a blowout caused a huge explosion on the offshore drilling rig operated by BP in the Gulf of Mexico. Eleven people were killed. Two days later, the rig collapsed. Oil began ...
US Energy policy took center stage during President Donald Trump's Congress address on Tuesday, with his emphatic "drill baby drill" approach. Referring to his oil and gas plans, the President ...
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