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Constellation, an offshore oil and gas drilling services provider in Brazil, has secured a new contract with Petrobras for ...

Constellation, an offshore oil and gas drilling services provider in Brazil, has secured a new contract with Petrobras for ...

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 ...

while oil prices saw an increase before the rig data release. Drilling activity in the Permian Basin experienced a slight decline, and the Eagle Ford rig count held steady, both showing decreases ...

Friday March 28, 2025 - 'The only certainty right now is uncertainty', one exploration and production company stated in the comments section of the first quarter 2025 Dallas Fed Energy Survey.

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior.

- American Petroleum Institute (API) data show rise of 1 million barrels, contrary to market expectations of 2.6 million barrel decline ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...

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 ...