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‘Deepwater is back in vogue,’ as Big Oil eyes drilling projects with faster payback and lower carbon...
Fast Company Magazine· 5 days agoOffshore exploration had dimmed after the U.S. shale boom ushered in new and cheaper-to-tap supplies...
Malaysia’s appetite for oil and gas puts it on collision course with China
Washington Post· 12 hours agoIn the open sea off the coast of Malaysian Borneo, industrial rigs extract massive amounts of oil...
Oil Majors Offered Faster Nigerian Exit if They Pay for Cleanup, Compensation
Insurance Journal· 5 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· 3 days 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· 4 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
Trump, the oil barons and the $1B question
Politico· 1 day agoA showcase of some of our best subscriber content. A coalition of 20 environmental groups is calling on the Biden administration to pause reviews and approvals of proposed deepwater ...
The Expansion of Offshore Drilling by Oil Companies
Newswise· 5 days agoIn a bold move, oil companies are significantly ramping up their offshore drilling operations, reflecting a global surge in demand for energy.
Seadrill (SDRL) Announces New Contracts for Two Drillships
Zacks via Yahoo Finance· 1 day agoSeadrill's (SDRL) West Capella drillship wins a one-well contract in South Korea and West Neptune...
W&T Offshore Inc (WTI) Q1 2024 Earnings: Performance and Strategic Acquisitions Highlight
GuruFocus.com via Yahoo Finance· 24 hours agoCompany Overview W&T Offshore Inc specializes in the exploration and production of oil and natural gas, primarily in the Gulf of Mexico. The company's operations include both ...
ExxonMobil (XOM) Liza Unity FPSO Hits Record Output in Guyana
Zacks via Yahoo Finance· 2 days agoExxonMobil's (XOM) Liza Unity FPSO achieves peak production of 252K bbl/day, paving the way for...