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 ...

In this file photo, a rig and supply vessel ... to keep drilling for more oil. As of 2023, there are almost 3,000 wells and 500 platforms that are overdue for decommissioning in the Gulf ...

PBR signs a contract with Constellation for a shallow-water well P&A project offshore Brazil, marking a key milestone in ...

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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 ...

The oil and gas rig count, an early indicator of future output, fell by two to 590 in the week to April 4. , , Sign up here. Baker Hughes said this week's decline put the total rig count down 30 ...

SANTA BARBARA, Calif.— The Biden administration today announced its intent to prepare a programmatic environmental analysis of the impacts of decommissioning oil and gas drilling platforms, pipelines ...

Valaris Limited VAL and Jadestone Energy are developing the Montara field offshore Australia, for which the Valaris 247 jack-up rig has arrived at the location. The jack-up rig is scheduled to ...

SANTA BARBARA, Calif.— The Biden administration today announced its intent to prepare a programmatic environmental analysis of the impacts of decommissioning oil and gas drilling platforms, pipelines ...