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‘Deepwater is back in vogue,’ as Big Oil eyes drilling projects with faster payback and lower carbon...
Fast Company Magazine· 4 days agoOffshore exploration had dimmed after the U.S. shale boom ushered in new and cheaper-to-tap supplies...
Oil Companies Expand Offshore Drilling, Pointing to Energy Needs
New York Times· 7 days agoShell and others say they plan to drill for oil and gas in the Gulf of Mexico in part because doing...
Oil Majors Offered Faster Nigerian Exit if They Pay for Cleanup, Compensation
Insurance Journal· 4 days agoMajor oil companies, such as Exxon Mobil and Shell, that aim to exit Nigeria’s onshore oil can get...
Malaysia Deepwater Exploration Expected to Accelerate
Rigzone.com via Yahoo Finance· 1 day agoThe BMI analysts noted in the report that Malaysia could experience a significant increase in exploration expenditures in 2024 as international oil companies prepare to fulfill ...
Downhole Tools Market to Reach USD 8.81 Billion by 2031 Driven by Increased Global Drilling...
Digital Journal· 2 days agoThe Downhole Tools Market is poised for significant growth, reaching a projected value of USD 8.81 billion by 2031. This upward trend is primarily driven by the Increasing demand for
Biden, BP and the High-Stakes Sequel to Deepwater Horizon
Bloomberg· 7 days agoJavier Blas is a Bloomberg Opinion columnist covering energy and commodities. A few years before...
ExxonMobil (XOM) Liza Unity FPSO Hits Record Output in Guyana
Zacks via Yahoo Finance· 11 hours agoExxonMobil's (XOM) Liza Unity FPSO achieves peak production of 252K bbl/day, paving the way for...
The Expansion of Offshore Drilling by Oil Companies
Newswise· 3 days agoIn a bold move, oil companies are significantly ramping up their offshore drilling operations, reflecting a global surge in demand for energy.
When Your Job Is 80 Miles Out at Sea, Getting There Is Half the Battle
New York Times· 7 days agoShell brought Appomattox online in 2019. It collects and processes oil and gas drawn from reservoirs...
NOBLE CORPORATION PLC ANNOUNCES FIRST QUARTER 2024 RESULTS
KTLA-TV Los Angeles· 3 days agoNet Income of $95 million, Diluted Earnings Per Share of $0.66, Adjusted EBITDA of $183 million, cash provided by operating activities of $129 million, and Free Cash Flow of $(38) million. Full ...