US supermajor ExxonMobil has relinquished a pair of exploration blocks offshore Brazil, after an attempt to unlock hydrocarbons in the ultra-deepwater section of the Sergipe-Alagoas basin ended with ...

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The awarding of the contract for an ultra-deepwater Trion project offshore Mexico is more than just another deal.

Hanwha Ocean has held a naming ceremony for its high specification ultra-deepwater drillship Tidal Action, signaling its ...

Brazil’s oil regulator is set to grant exploration rights in a promising offshore region where state-controlled oil producer ...

The seventh-generation drillship Tidal Action (formerly known as West Libra) has been completed by its owner Hanwha Ocean ...

Brazil oil regulator is set to grant exploration rights in the promising Equatorial Margin offshore area where Petrobras has ...

Petrobras PBR, Brazil’s prominent state-run oil and gas company, has successfully extended its partnership with Noble Corporation plc NE, a leading offshore drilling contractor based in Houston, TX.

BP and its partner Chevron have made an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America.BP ...

SLB expands its role in the Trion project with an AI-enabled drilling contract from Woodside, marking a key step toward its first oil production in 2028.

Paleogene-age Wilcox reservoirs extend from onshore to deepwater offshore Gulf of Mexico. Discovery wells delineated the play ...

STEINHAUSEN, Switzerland, April 10, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the first quarter 2025 on Monday, April 28, 2025.