The decision comes after an incident involving the floating storage and offloading vessel stationed at the field, which deviated from its intended position and made contact with the field's catenary anchor leg mooring buoy.

The USA Department of Energy (DOE) has initiated the bidding process for the supply of six million barrels of domestically produced oil to be deposited into the Strategic Petroleum Reserve (SPR).

The solution, featuring a multi-functional single shear and seal mechanism, will be incorporated into a full subsea deepwater completion/intervention system for a long-standing customer in the Gulf of Mexico.

Located approximately 100 km southeast of Baku, this milestone marks the connection of a subsea production well to a new gas processing platform, which is linked to SOCAR's existing facilities in Oil Rocks.

The incident resulted in casualties, evacuation of workers, and significant implications for oil production.

The aim of this collaboration is to leverage AI and cloud-based technologies to enhance production and establish the foundation for achieving decarbonization and net-zero targets.

Claims of chronic underinvestment in the global oil and gas industry are exaggerated, according to research and analysis conducted by Rystad Energy.

Shell Plc anticipates a significant decrease in earnings from natural gas trading in the second quarter of this year, primarily due to seasonal shifts in the market.

Equinor ASA has received regulatory approval from the Norwegian government to move forward with the development of two fields and one well in the Norwegian Sea, marking significant progress in Norway's energy sector.

On the 35th anniversary of the Piper Alpha disaster, the RMT pays tribute to the 165 offshore oil and gas workers and two seafarers who lost their lives in the North Sea catastrophe.