Eldorado Drilling to acquire Vantage Drilling in $258-million deal
Eldorado Drilling AS has agreed to acquire Vantage Drilling International in a merger valued at approximately $258 million, combining the…
North America
Chevron CEO Confirms Multiple Vessels Were Attacked in the Strait of Hormuz This Week
Multiple vessels transiting the Strait of Hormuz have suffered attacks this week, Chevron Corp. Chief Executive Officer Mike Wirth revealed…
North America
Chevron CEO expects oil prices to rise in the near future
“The market’s ability to absorb this imbalance has deteriorated drastically today compared to where we started,” said the CEO at…
North America
Impacts of Middle East conflict set to reshape energy investment plans as disruptions put focus on security
Electricity and diversification are driving growth in energy spending with countries seeking to respond to 2nd energy crisis in 5…
North America
Borr Drilling: Pemex Needs More Jack-Up Rigs to Hit 1.8Mb/d Mexico Production Target by 2030
Demand for shallow-water rigs is rising in Mexico, according to the country’s largest offshore drilling operator, as state oil company…
North America
Fire Breaks Out on California Gas Platform During Decommissioning
The U.S. Coast Guard and partners responded to a fire onboard a non-operational natural gas platform offshore Santa Barbara, California,…
North America
OTC Recognizes Industry Leaders With 2026 Distinguished Achievement Awards
Houston, Texas, USA (25 February 2026) – The 2026 Offshore Technology Conference (OTC) Board of Directors has selected this year’s…
North America
Oil prices edge lower as U.S. waits for Iran response to deal proposal
Investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the…
North America
Shell and Kosmos put US Gulf hydrocarbon prospect on their 2027 drilling agenda
U.S.-headquartered oil and gas exploration and production company Kosmos Energy and its partner, Shell, are planning to spud a prospect…
North America
INEOS and Shell agree to progress new oil and gas opportunities in the Gulf of America.
New exploration and development opportunities targeted near existing Appomattox infrastructure Disciplined growth strategy strengthens energy security and expands INEOS Energy’s…
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