There is no specific timeline for when the offshore oil and gas leases would go up for sale; the first step in the process is to seek public comment on the proposal, which includes a new five ...

The upper reaches of the fixed platforms feature a deck with space for living quarters, the drilling rig itself, and facilities for oil production. Out of the seven major types of offshore oil ...

The offshore platform is already under way, with one million work hours already achieved with zero lost time injuries, Murphy said, with first oil planned in the fourth quarter of 2026.

(Bloomberg) — The United Arab Emirates and Exxon Mobil Corp. agreed to expand the nation’s oil production capacity. Abu Dhabi National Oil Co. will work with Exxon to boost capacity at the offshore ...

Back in February of 2024, ExxonMobil sold existing infrastructure to produce oil in Santa Barbara County which included 114 wells, three offshore platforms, and an onshore oil and gas processing ...

An increasingly hot-button issue, oil rigs have become the physical embodiment of larger economic and environmental debates, garnering praise from conservative politicians and the ire of ...

CAPE TOWN - A local lobby group is on Monday set for a legal showdown with global multi-energy companies at the Western Cape High Court over offshore oil and gas exploration. This comes as Green ...

Construction is well under way in Poland on an offshore vessel for a Norwegian owner ... for independent news and analysis of the major oil and gas projects shaping the industry and the people ...

There is no specific timeline for when the offshore oil and gas leases would go up for sale; the first step in the process is to seek public comment on the proposal, which includes a new five-year ...

Offshore oil and gas projects pose a huge threat to the marine ecosystems we rely on for food and income. But it's not just about economics – fishing is in our blood. It's who we are.

“Taking ownership of the Cidade de Itajaí FPSO marks a significant milestone in Karoon’s evolution over the past five years from an explorer to an operator of offshore oil and gas production ...

China’s increased crude oil imports in March and April are primarily due to refiners building up stockpiles, not a surge in consumer demand. Falling oil prices and concerns about supply ...