As part of the development, SBM Offshore USA has signed a contract with bp for the wet tow and installation of the Kaskida ...

The operation aims to extract additional oil from an established field, with the well situated close to existing production ...

Austrian oil-and-gas group OMV announced on Wednesday that gas production is expected to begin in the Black Sea in 2027 as part of their Neptun Deep Project.

Vietnam is projected to see a sharp rise in demand for oil and gas drilling rigs in 2025, underpinned by the accelerated ...

The PV Drilling 8 rig, newly acquired in 2024, is slated to commence operations in Vietnam by September, while PV Drilling 6 ...