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Investment in oil and gas exploration has decreased by two-thirds over the past decade, but the industry remains crucial for ...

"Carnelian Energy Capital exploring sale of Ridgemar Energy valued at more than $1bn" was originally created and published by ...

On October 31 CNOOC Ltd. and its partners announced production had commenced in the third phase of the Mero oilfield in the Santos Basin offshore Brazil. Mero3 has a production capacity of 180,000 ...

Chevron CorporationCVX has extended the Shelf Drilling’s contracts for its Chaophraya and Krathong rigs, which have been operating offshore in Thailand for another two years. The combined ...

In March this year, TotalEnergies and QatarEnergy expanded their efforts to explore for oil and gas in the Orange Basin offshore Namibia by acquiring a nearby license in the basin in South African ...

Louisiana companies are in the early stages of building the infrastructure necessary to begin offshore wind energy production ...

leading to optimisation of hydrocarbon exploration in the mature Malay Basin, offshore Peninsular Malaysia. PETRONAS said it would work with AWS to implement advanced AI and ML functionalities ...

leading to optimisation of hydrocarbon exploration in the mature Malay Basin, offshore Peninsular Malaysia. Petronas said it would work with AWS to implement advanced AI and ML functionalities ...

Diamondback Energy is looking for new outlets for its Permian Basin natural gas, including power generation for data centers. Kaes Van't Hof, Diamondback CFO, said the message is clear from FANG ...

In the past 20 years, offshore oil production has actually had almost no net growth, he explained. Decline in output in mature basins such as the North Sea or shallow-water Gulf of Mexico has also ...

Over the past two years, Shell has made several oil and gas discoveries in the Orange Basin offshore Namibia. The basin extends to South African waters to the south and the majors are now looking ...