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 ...

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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 ...

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

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 ...

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 ...

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

Jadestone Energy, an Asia-Pacific focused oil and gas company, has informed that Valaris’ Valaris 247 jack-up rig has arrived ...

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 ...