News

We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility ...
U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, jeopardizing the nation’s position as the world’s largest fossil fuel producer and its ...
Allseas' colossal Pioneering Spirit heavy lift and pipelay vessel is back at work after suffering damage last month during an ...
Latest award marks six island rig contracts awarded since July 2024, reinforcing path to 151+ rigs by 2028 in Abu Dhabi and ...
Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due ...
For as long as there has been an oil industry, there have been oil spills. They're caused by a number of factors, from ...
US rig count drops to 584 as Permian Basin drilling hits its lowest level in over three years, reflecting a nationwide ...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...
Tenaris aims to optimize its supply chain through the expansion of Rig Direct, a just-in-time inventory-management program that maximizes production efficiency through improved demand planning.
Some of the biggest US shale-oil producers plan to slash about 4% of their drilling rigs by the end of the year, according to a survey from one of the largest providers of the equipment.
The fourth and largest oil development on the Stabroek Block to date, Yellowtail, is on track to start up in the ...