The weekly rig count in Canada decreased by 5 to 130, mainly due to a drop in oil-directed rigs, while gas rigs increased ...

Geopolitical tensions in the Middle East showed signs of easing as the Strait of Hormuz is reopened to commercial vessels.

The deal leverages Renaissance Offshore's current production of 3,000 boe/d as 1947 Oil & Gas aims for growth in the US Gulf ...

Petrobras has agreed to acquire interest in and will assume operatorship of Block 3, offshore São Tomé and Príncipe, Africa, ...

The oil market experienced a significant decline as Iran reopened the Strait of Hormuz following a ceasefire between Israel ...

The project involves engineering and installation tasks at water depths of 450-660 m, including connecting three new gas wells and installing triple tie-in spool bases to ...

Additional reservoir zones remain unpenetrated due to early drilling termination, but upcoming sidetrack operations aim to ...

Following drilling and appraisal activities, Assala is advancing a 60-well phased development plan, aiming to maximize oil recovery from the Gamba formation.

Extensive damage from the Iran war, estimated at over $25 billion, underscores the current dependence on the Strait of Hormuz ...

Masar Petroleum plans to accelerate appraisal and development activities across the block following the discovery that the ...

The Northeast Supply Enhancement project is expected to increase natural gas supply to the New York City metropolitan area by about 13%.

Saipem's latest projects at Safaniya include installing water injection systems and subsea facilities, supporting Saudi Aramco's offshore production.