Brazilian state-run oil firm Petrobras said on Friday its board approved an agreement to settle a U.S. court dispute with EIG ...

Conoco and R&B Falcon Corp. announced Deepwater Pathfinder - a first-of-its-kind, ultra-deepwater drillship - began a five-year work program in the Gulf of Mexico. The ship, the first new build ...

Petrobras Settles U.S. Lawsuit with EIG for $283 Million Brazilian state-run oil giant Petrobras has reached a settlement in ...

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PBR begins drilling a new well in the Alto de Cabo Frio block, strengthening its presence in the pre-salt region of the Campos Basin.

Seadrill Limited offers strong investment potential with a clean balance sheet, high margins, and strategic growth in the ...

BP has completed drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria Offshore Concession, ...

PETALING JAYA: Velesto Energy Bhd has tendered for a deepwater drillship project and plans to be more asset light this year, according to TA Research. Following a recent briefing for analysts ...

Italy's Saipem has signed a collaboration agreement with Divento, a consortium led by Plenitude, CDP and Copenhagen ...