News

Offshore oil rigs are some of the largest structures on the ocean, they can operate at incredible depths and drill deeper ...
On June 10, Texas-based offshore drilling contractor Noble made oil industry waves with the year's first major deal in the upstream services sector, announcing a $2 billion deal for Diamond ...
The oil giant is once again at the centre of government plans for economic growth and job creation. But Petrobras has a ...
Offshore oil rigs are some of the largest structures found on the water, but are they just floating out there? How do they ...
Test drilling has yielded a daily production of 413 barrels of crude oil and 68,000 cubic meters ... an important component of deep-sea hydrocarbon deposits, generally have low permeability ...
Offshore oil drilling is once again under federal consideration for the South Carolina coastline, a prospect that runs counter to strong local sentiment. The Bu ...
Deep-sea mining is seen by the administration as another avenue for extracting rare-earth elements such as manganese, cobalt, nickel and copper, helping wean the U.S. off foreign suppliers and ...
The first drilling for oil in the Caspian Sea began 28 years ago. A drilling project in the deep parts of the Caspian Sea came to a halt 11 years ago. The Oil Ministry has now restarted the oil ...
The new area proposed for inclusion in the oil and gas leasing program is part of the ocean territory to which the U.S. government is claiming new rights following a sea-mapping program conducted ...
The Normand Energy, a deep-sea drilling ship, which sails under the ... Aker BP, a prominent Norwegian oil and gas company, has also previously floated the idea of entering the deep-sea mining ...
DENG YONGAN/CHINA DAILY In a breakthrough to keep carbon dioxide permanently locked away, China has built a secure "prison" for the greenhouse gas deep beneath the South China Sea. Located about ...
Drilling in the deeper parts of the sea was also halted in 2014. Iran’s Oil Ministry plans to resume deep-water operations once the semi-submersible Iran–Amirkabir platform completes necessary repairs ...