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Oil & Gas Trade
IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early
Oil rigs are seen in Midland, Texas May 9, 2008. REUTERS/Jessica Rinaldi/File Photo Acquire Licensing Rights(This Jan. 24 story has been corrected to clarify th…
Oil&Gas Drilling
Britain to Legislate for Annual North Sea Oil and Gas Licence Rounds
Vessels that are used for towing oil rigs in the North Sea are moored up at William Wright docks in Hull, Britain November 2, 2017. REUTERS/Russell Boyce/File P…
Oil&Gas Drilling
US Drillers Add Most Oil Rigs in a Week Since March, Baker Hughes Says
U.S. energy firms this week added the most oil rigs since March, boosting the oil and gas rig count for the first time in four weeks, energy services firm Baker…
Oil&Gas Drilling
UK to Grant New North Sea Oil and Gas Licences
© Reuters. FILE PHOTO: Vessels that are used for towing oil rigs in the North Sea are moored up at William Wright docks in Hull, Britain November 2, 2017. …
Oil&Gas Drilling
US Drillers Cut Oil Rigs for Eighth Month in a Row, Baker Hughes Says
A drilling rig is seen in the Austin Chalk about two hours outside of Houston, Texas, U.S., May 10, 2018. REUTERS/Ernest ScheyderU.S. energy firms in July cut t…
Oil&Gas Drilling
Breathing New Life Into Oil Rigs
While it is expected that a day will come for the offshore oil and gas infrastructure to be retired at the end of active service life, does this have to be the …
Floating Offshore Wind
Ardersier Port Set to Become Europe’s First Circular Energy Facility
The Scottish port will be used to turn disused oil rigs into the foundations for floating wind units, all as part of a circular economy.
Oil&Gas Drilling
Video: How Offshore Oil Rigs Work
How Offshore Oil Rigs Work
Oil&Gas Drilling
Demand For Offshore Oil Rigs To Return In 2022
Demand for offshore rigs will slump this year as a result of the pandemic and the low oil prices that are forcing offshore operators to delay drilling activitie…
Oil&Gas Drilling
Oil Rigs Disappearing Across Africa at a Record Pace
Low oil prices are forcing drillers to dramatically curtail risky exploration, especially in frontier regions such as Africa.
Oil&Gas Drilling
U.S. Drillers Add Oil Rigs for First Week in Eight -Baker Hughes
U.S. energy firms this week increased the number of oil rigs operating for the first time in eight weeks even though energy services firms are cutting jobs as m…