Turan Drilling and Engineering Company LLC (TURAN), a joint venture with Helmerich & Payne (H&P), has been awarded a long-term offshore operations and maintenance contract renewal by bp in the Caspian ...

W&T Offshore updates on asset sales, production recoveries, and cash settlements, expecting positive impacts on its financial outlook for 2025. W&T Offshore, Inc. has announced several operational and ...

Offshore drilling activity stayed in focus after a quarterly net loss alongside full-year results A rig fleet expansion was completed through a Noble Corporation transaction Valuation narratives ...

Shell plc SHEL, a global leader in the energy sector, continues to strengthen its foothold in Southeast Asia through strategic partnerships and significant operational moves. One of the most recent ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

Turkey has commenced ultra-deepwater oil drilling operations in Somalia under a controversial 2024 energy agreement, which ...

Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused ...

Add Yahoo as a preferred source to see more of our stories on Google. The Sable Offshore Corp. oil platform Harmony is visible last month from Refugio State Beach. (Michael Owen Baker / For The Times) ...

Borr Drilling Limited provides offshore drilling services, primarily through the ownership and operation of jack-up rigs for shallow-water oil and gas exploration and production. The company operates ...

At-a-Glance: Robotics are moving personnel out of the red zone, automating repetitive/high-risk drill-floor and subsea tasks, and compressing flat time. Expect fewer hands on the floor, faster ...