The announcement Friday came after three Gulf Coast states asked the Trump administration to intervene. The Interior Department announced plans Friday to walk back changes under former President Joe ...

Somewhere in the Gulf of Mexico, more than 2,000 offshore oil and gas platforms are still standing, with several hundred more sitting on the seafloor, either deliberately or by accident. That number ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

At-a-Glance: Offshore decommissioning is a phased program: isolate and clean the asset, permanently plug and abandon wells, remove/preserve infrastructure to regulatory depth, and verify a debris-free ...

Oil rigs, particularly the offshore type, are one of the most fascinating parts of the global energy industry. How do they work? How big can they get? Do they float on water? It's not surprising that ...

At least 14 rigs are in assessment or repair Providers more willing to work with PDVSA's traditional partners Some firms seek 12-month contracts to cover repair costs April 27 (Reuters) - Oilfield ...