Offshore oil projects are experiencing a boom, but a looming oil glut fueled by factors like surging electric vehicle sales ...

the world’s largest lake. It’s around 60 miles off the coast of Azerbaijan’s capital city of Baku and several hours by boat ride from the mainland. It is the world’s oldest offshore oil ...

Deepwater drilling has been a strategic focus for big oil companies for several years now, as fields in shallower waters ...

Dominion Energy is building the largest offshore wind farm in the U.S., and they say "Construction is on track and on budget, ...

Deep in the Caspian Sea, around 100 kilometres off the coast of Azerbaijan's capital Baku, lies Neft Daslari, the world's oldest offshore oil platform ... a lone drilling rig on a tiny island ...

Offshore drilling contractors are expecting India’s Oil & Natural Gas Corporation (ONGC) to soon resume its efforts to hire ...

The South American nation is now the fourth-largest offshore oil producer in the world, and its government receives an estimated $1 billion annually from the deal. The consortium isn't doing too ...

In its previous rig count, which was released on November 15, Baker Hughes revealed that North America dropped eight rigs ...