This article was first published on Rigzone here. North America dropped 35 rigs week on week, according to Baker Hughes’ latest North Am ...

Thousands of oil and gas rigs are becoming redundant around the world – and taking them out of service, known as decommissioning, is a multi-billion dollar business. It’s also a complex operation ...

Decommissioning the world’s ageing offshore oil and gas infrastructure can be dangerous, costly and complex, and progress so far has been far from encouraging ...

Brazilian independent Prio has started drilling a first development well at the Wahoo pre-salt field in the country’s Campos ...

U.S. shale needs much higher oil prices than $50 per barrel, and even higher than the current WTI Crude price in the high ...

A public meeting is taking place this evening to inform the community about a planning application submitted by Europa Oil and Gas for a gas rig in Burniston.

Under the terms of the agreement, Veren shareholders will receive 1.05 shares of Whitecap for each Veren share held. The ...

US crude prices eked out a weekly gain of 14 cents a barrel, with the near-month NYMEX contract for light sweet crude closing ...

Harbour Energy has secured a permit to drill a well in the Norwegian Sea, which is part of carbon storage exploration license ...

BP, SOCAR, and NewMed Energy have signed a licensing agreement to explore for natural gas offshore Israel, marking BP's entry ...

Mach said it achieved an average production of 86,700 barrels of oil equivalent per day (boed) in the fourth quarter of 2024, consisting of 24 percent oil, 52 percent natural gas, and 24 percent ...