Shell will pause investment in Kazakhstan as it navigates legal claims from the OPEC+ nation against oil majors that could stretch into the billions of dollars, Chief Executive Officer Wael Sawan said ...
Oil rigs, particularly the offshore type, are one of the most fascinating parts of the global energy industry. How do they work? How big can they get? Do they float on water? It's not surprising that ...
Shell has secured a rig to again drill offshore Namibia as it rekindles the hunt for an elusive hydrocarbon sweet spot in its Orange basin block. Earlier this year, the supermajor said that none of ...
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How Offshore Oil Rigs are Built?
Want to learn how massive manmade structures built in the middle of the ocean? Watch this informative video breaking down the fascinating process behind constructing offshore oil rigs. Experience ...
The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday. The total rig count in the US ...
Activists from Greenpeace have scaled a gas rig in the North Sea, erected a 1,000-square-foot roll of canvas across its side, and sprayed it with hundreds of gallons of blood-red liquid in an art ...
The number of active rigs targeting oil in the kingdom dropped to its lowest in more than two decades in July, according to Baker Hughes data. Image by champc via iStock The number of active oil rigs ...
Saudi Arabia’s active oil drilling units declined for a sixth straight month, reaching the lowest level in over two decades, as investments in natural gas projects gain momentum. Saudi Arabia’s oil ...
Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...
Matthew is a Staff Writer in GameRant's News department. His first console was the NES, but he made most of his childhood memories with the SNES. Matthew spent much of his early life begging to go to ...
The total number of active oil and gas drilling rigs in the United States decreased by 2 to 537 this week, marking a continued slump. US crude oil production dipped for the second consecutive week, ...
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