Petrobras' board approves an agreement to settle a U.S. court dispute with EIG Energy Fund XIV, including a $283M payment by ...

Curious about text-to-image AI tech? Here's what you need to know, plus our top rated programs. Generative AI has brought us a lot of things, from chatbots like ChatGPT to text-to-image and text ...

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 ...

The case is related to EIG's investment in FIP Sondas, a former shareholder of drillship company Sete Brasil.

March 5 (Reuters) - Italy's Saipem (SPMI.MI), opens new tab has signed a collaboration agreement with Divento, a consortium led by Plenitude, CDP and Copenhagen Infrastructure Partners, for ...

An expanded oil and gas site at Wressle in North Lincolnshire could add more than 900,000 tonnes of carbon emissions over its life, a new report has shown.

The exercise began in January and concluded in early March 70 warships, 10 submarines, and over 80 aircraft took part in TROPEX TROPEX was held from the Strait of Hormuz in the West to the Sunda and ...

The aim of the deal is to apply Saipem's STAR 1 technology to the 7 Seas Med project in Sicily, with an anticipated annual ...

UK supermajor Shell has flowed first oil from Phase 4 of its deepwater Gumusut-Kakap-Geronggong-Jagus East (GKGJE) project in Malaysian and Bruneian waters. The Phase 4 production is flowing to ...

The company noted that Seadrill has picked up about 65% of the new contract backlog awarded to the four largest publicly traded OSD's, while only representing 18% of the drillship fleet operated ...