Borr Drilling’s Prospector 5 drilling rig sank offshore Gabon during jacking operations. Five people remain missing as search-and-rescue efforts continue.

The North Sea Transition Authority's annual reserves report puts UK proven and probable oil and gas reserves at 2.5 Bboe at ...

(WO) – bp has agreed to pay Louisiana about $350 million in a single early payment, covering the rest of what it owes the state under the 2015 Deepwater Horizon economic damages settlement. The deal ...

The Equinor-operated Wisting partnership has awarded Aibel a FEED contract for the production vessel topsides, ahead of ...

SLB reported sequential growth in all regions in Q3, with its Middle East business up 13% and OneSubsea awards supporting a ...

Santos produced a record 26.3 MMboe in Q3, up 14% on the prior quarter, as Barossa reached steady output and Pikka ramped up ...

The UK has granted consent for the Jackdaw gas field off northeast Scotland. First gas could come as early as the end of ...

Venezuela expects nearly $76 billion of oil and gas investment over five years, Acting President Delcy Rodríguez says, with ...

HOUSTON (WO) — Eight months after the Persian Gulf disruption began, oil and gas planners can no longer treat Middle East supply shocks as short-lived, panelists said Thursday at the 2026 SPE Annual ...

The USGS estimates 96 Tcf of technically recoverable, undiscovered natural gas on Alaska’s North Slope, nearly three times ...

Halliburton expects mid-single-digit revenue growth and operating margins of about 15% in 2027, with no recovery assumed in North American fracturing. Q3 revenue held flat at $5.7 billion, as an 8% ...

Transocean has won new U.S. Gulf contracts for the drillships Deepwater Proteus and Deepwater Conqueror, adding about $550 ...