The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The rig’s return will enable the drilling of new wells at the Zohr field using advanced deepwater technology. These efforts aim to quickly add new production volumes once drilling operations are compl ...

LONDON, UNITED KINGDOM / ACCESS Newswire / February 12, 2025 / Helium One Global (AIM:HE1), the primary helium explorer in ...

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

Petrobras let contracts to EBS Perfurações and Conterp for new drilling rigs to expand onshore oil and gas production in Brazil's state of Bahia.

Vulcan Energy has started construction of a drilling rig in the Schleidberg site near Landau, Germany as the company prepares ...

President Trump’s “Drill, baby, drill” initiatives may cause a demand spike for offshore drillers. Trump signed an executive ...

Aro Drilling’s newbuild jack-up drilling rig programme is continuing in Saudi Arabia with a drilling equipment package recently awarded to National Oilwell Varco (NOV). This will be the third newbuild ...

Prime Minister Mostafa Madbouly visited the Zohr natural gas field, located north of Port Said, to inspect the Saipem 10000 drilling rig. Accompanied ...

Under the agreement, the Saudi company will drill two wells, with an option for two additional wells with a total estimated ...

French energy major TotalEnergies has started drilling the first of the planned two wells in oil and gas blocks offshore ...

SFL Corp.'s container-ship segment faces challenges with a large order book and potential lower rates. Click here to read why ...