The remote locations and harsh conditions of offshore oil production present different challenges than do land-based operations. Platforms and facilities must be carefully designed, assembled ...

Offshore oil and gas production is a cornerstone of the global energy supply, powering industries, transportation, and electricity generation. It bolsters economies, creates job opportunities ...

Ltd. with Maersk Supply Service/ Seabase to provide supply vessel services required for the Hibernia offshore oil production platform. The company intends to build two multi-function platform ...

Brazilian authorities announced Saturday that the Almirante Tamandaré (Búzios 7) offshore oil production platform, the largest in the country, began operating in the Búzios Field, in the Santos ...

Built by SBM Offshore, the One Guyana FPSO is set to support the Yellowtail development in the prolific Stabroek Block. With a production capacity of 250,000 barrels of oil per day and a storage ...

CNOOC holds 25% in the Exxon-led consortium developing Guyana’s huge discovered offshore oil resources. Since 2013, CNOOC’s net production has jumped by 77% while the all-in cost was reduced ...

Brazilian regulators are cracking down on some offshore drilling by Petrobras ... the country's efforts to reverse last ...

The move tees up a fight over offshore energy as President-elect Donald Trump plans to turbocharge domestic oil and gas production as part of his pledge to cut U.S. energy costs in half in the ...

Pakistan's Oil and Gas Development Company Limited expects to start production in Abu Dhabi's Offshore Block-5 by 2027, while also increasing domestic oil and gas output and diversifying into minerals ...