Environment
Ecuador applies oil production reduction due to severe drought in Amazon basin
The situation could lead to further difficulties if weather conditions do not improve soon.
Latest Oil and Gas News
Oil and Gas
Shell subleases semi-submersible platform for operations in Brazil
The Alpha Star platform can operate in water depths equivalent to more than 2,700 meters.
Environment
Oil companies decide to evacuate offshore platforms ahead of the arrival of storm Francine
Most companies have decided to stop drilling for oil and wait for the path of the storm.
Oil and Gas
Transocean wins contract for ultra-deepwater drillship in India
The Dhirubhai Deepwater KG1 vessel can operate at depths of up to 3,000 meters, the equivalent of 10 Eiffel Towers stacked on top of…
Environment
Environmental emergency declared for beaches in Telde after fuel spill in Gran Canary Islands
The Government of the Canary Islands has ordered the mobilization of the Local Police and the Telde Lifeguard Service to the scene.
Oil and Gas
Talos Energy Strikes Rich Oil and Gas Find in Gulf of Mexico
This new discovery reaffirms Talos' commitment to the strategic exploitation of energy resources in the Gulf of Mexico and strengthens its ability to execute…
Oil and Gas
Noble Corporation completes acquisition of Diamond Offshore and announces new director
With this acquisition, Noble Corporation now owns the largest fleet of seventh-generation drillships.
Oil and Gas
Chevron boosts oil and gas recovery in the Gulf of Mexico
The Tahiti field has produced more than 500 million barrels of oil equivalent since its start-up in 2009.
Oil and Gas
Oil prices fall to yearly lows, threatening massive sell-off in crude market
Brent is touching yearly lows of $74.2, and a possible break of key support could trigger a 10% drop in crude oil prices, according…
Oil and Gas
Helix secures contracts with Petrobras for offshore well intervention in Brazil
The Siem Helix 2 vessel has completed more than 100 well interventions in the Santos and Campos basins since 2017.
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