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 ...

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

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.

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

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 ...

- Raising global trade concerns over Trump's tariff policies, Fed's decision on unchanged interest rates, and increase of US crude stocks beyond market expectations affect price fall ...

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 ...