News

Namibia expects final investment decisions from TotalEnergies and BW Energy on offshore oil projects in late 2026, ...
Big news in the energy sector! Offshore drilling is back, and it seems like the green light from Trump is sparking quite the ...
The Western Cape High Court became the latest arena in a long and bitter struggle that pits multinational oil interests ...
If you've ever seen an offshore drilling rig, you know they're absolutely massive. But are these huge rigs, which are ...
Thai Nippon Steel Engineering & Construction wins EPCC contract for Wassana field redevelopment in Gulf of Thailand ...
Murphy Oil has made another shallow-water oil discovery in Vietnam's Cuu Long basin where it is currently developing the Lac ...
ExxonMobil expects its final Field Development Plan as well as internal and partner funding approvals to facilitate execution of its deepwater project in ...
Field redevelopment will be through a new-build central processing platform replacing the MOPU with 24 production well-slots. First oil is expected in second-quarter 2027.
Between this, paying laborers, maintaining the rig, and other associated costs, offshore oil drilling can get absurdly expensive. With such major costs involved, it's no surprise that the hope is ...
Our Islands, Our Future (OIOF) – a coalition of over 150 businesses, environmental groups, tourism advocates, and other ...
India showcased its offshore energy sector at OTC 2025, emphasizing rich geoscientific data and favorable regulations to ...