Neft Daşları, meaning “Oil Rocks,” was the world’s first oil-drilling platform. In recent decades, its population has dwindled, while sections have fallen into disrepair and been claimed by the sea.
Oil prices rose as election uncertainty and Tropical Storm Rafael threaten Gulf production, with potential policy shifts under either presidential outcome expected to impact the oil market further.
Based on data from offshore operator reports submitted to the Bureau of Safety and Environmental Enforcement, 17 Gulf of Mexico platforms have been evacuated, or nearly 5% of the 371 platforms in the ...
Russia plans to arrange ship-to-ship transfers of liquefied natural gas ... floating rig contracts to Constellation Oil Services for work at the Roncador field in the Campos Basin offshore Brazil.
The UK offshore oil and gas industry says that the recent “standoff” with the government over tax policies is over, even as the Labour cabinet proceeded, as planned, with a tax hike that ...