Based on true events, Deepwater Horizon tells the heroic struggle of oil rig workers during the worst oil spill in U.S.

China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

Despite President Donald Trump’s calls to “drill, baby, drill,” many oil companies operating in the Gulf of Mexico will ...

Falkland Oil and Gas (FOGL) will press ahead with ... said it will work first towards contracting a deepwater rig. FOGL holds Falkland Islands government licences to the south and east of the ...

We recently compiled a list of the 10 Worst Performing Energy Stocks in 2024. In this article, we are going to take a look at ...

Last year, Transocean commissioned a “strictly confidential” study of the reliability of blowout preventers used by deepwater rigs. Using the world’s most authoritative database of oil rig ...

That year it passed a law forgiving royalties on deepwater oil fields leased between 1996 and 2000. A fleet of new rigs was soon punching holes all over the Gulf at a cost of up to a million ...

there is no oil exploration operation in the Gulf of Mexico to compare with the Deepwater Horizon oil rig with its size or sheer depth of its drilling. However, the project for the BP oil company ...

Wood Mackenzie's report as cited by Rig Zone predicts that by the ... U.S. oil and gas major Exxon Mobil is the latest oil major to make a deepwater oil and gas find. Last month, Exxon announced ...

In a report released today, Daniel Kutz from Morgan Stanley maintained a Hold rating on Transocean (RIG – Research Report), with a price target ...