A recent poll indicates that 79% participants believe deepwater offshore projects will see the highest investment growth in the next 2-3 years.

The BBG2 lease sale for drilling rights in the US Gulf of Mexico resulted in $46.98 million in high bids from oil and gas companies, the US Bureau of Ocean Energy Management said Mar. 11. Results of ...

The project, involving subsea tiebacks to the existing FPSO, expands Brazilian operations for TotalEnergies as it looks ahead to startup of Atapu-2 and Sépia-2.

US crude oil inventories for the week ended Mar. 6, excluding the Strategic Petroleum Reserve, increased by 3.8 million bbl from the previous week, according to data from the US E ...

Infinity Natural Resources Inc., Morgantown, plans to add a second rig to its operations this spring as it builds on the December acquisition of some Ohio Utica assets from Antero Resources. But ...

Following first oil, P-78 has achieved first gas injection at Brazil’s Búzios field. Petróleo Brasileiro SA (Petrobras) started gas injection for the P-78 FPSO in Búzios field, Santos basin, about 180 ...

TXO Partners plans to streamline operations by selling assets held through a joint venture and plans to use partial proceeds to settle a deferred payment for assets acquired ...

Seismic workloads are limited by memory, causing GPU compute units to stay idle. Dataflow computing enhances utilization and efficiency for seismic HPC workloads. Maverick-2 enables seismic ...

SLB OneSubsea will deliver subsea equipment for Malaysia's Kikeh field's second development phase, supporting PTTEP Sabah's offshore operations through 2026-2027.

While recent comments from Pres. Trump eased immediate concerns about supply disruptions, analysts warn that geopolitical risks in the Middle East remain high, and oil price ...

Oil prices have exceeded $100/bbl as the Iran war escalates further. A few weeks' closure of the Strait of Hormuz could push ...

The Cooper basin joint venture partners have committed over $600 million to replace aging compressors with a centralized ...