Transocean's high-spec fleet and long-term contracts position it to outperform peers despite cyclical downturn in offshore ...

The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, regulatory approvals, and capital discipline.

Phillips 66 (PSX), the Houston-based oil giant, has expanded its fuel oil storage capabilities in the Singapore and Malacca Straits by leasing the Southern Emperor, a floating storage vessel with a ...

Learn how flow computers measure gas and liquid flow accurately, ensuring precise billing, regulatory compliance, and ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 592 for a fourth consecutive weekly gain, Baker Hughes said.

Newbuild is the latest in a series ordered for the offshore oil and gas industry that might also work in offshore wind ...

Western sanctions on some oil producers, like Iran, Russia and Venezuela, have caused a growing number of oil tankers to “go ...

The supply of crude oil is limited, however, and cannot be increased further, since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result ...

The Select Committee on Public Infrastructure and the Minister in the Presidency heard joint oral submissions from stakeholders on the Marine Oil Pollution (Preparedness, Response and Cooperation) ...

Mark H. Amundsen, director of maintenance and engineering at the Steamship Authority, has been named the organization’s new ...