India is moving at a rapid pace on its journey to become a global hub for shipbuilding. The government has finalised a fresh ...

Exciting news! Noble Corporation's Ocean GreatWhite, one of the largest harsh-environment drilling rigs, enters Green Yard ...

Exciting news! Noble Corporation's Ocean GreatWhite, one of the largest harsh-environment drilling rigs, enters Green Yard ...

Families of British workers killed in an oil rig disaster 45 years ago have welcomed the Norwegian government's decision to ...

Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that a two-well option was exercised for the Transocean Spitsbergen in Norway. The program is expected to commence in the first quarter of ...

Baker Hughes reported last Friday that active US oil rigs in the week ending May 23 fell by -8 to a 3-1/2 year low of 465 rigs. The number of US oil rigs has fallen over the past two years from ...

The Maria Phase 2 revitalization project is a four well subsea tie-back to existing infrastructure in Maria field. Harbour Energy has started oil production from its operated Maria Phase 2 project ...

Investments are expected to peak this year Oil and gas investments saw a significant increase in 2023 and 2024. The main reason for the growth in these years is that the Norwegian Parliament's oil tax ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Investments in Norway’s oil and gas sector are set to hit a record ...

OSLO (Reuters) -Norwegian oil and gas investments are expected to hit a record this year, and to decline next year, a statistics office survey of industry players showed on Tuesday. The country's ...

European natural gas prices increased after an unplanned cut to capacity at Norway’s Troll gas field, a major supplier to Europe. The supply disruptions occur as Europe aims to refill gas ...