President Trump’s “Drill, baby, drill” initiatives may cause a demand spike for offshore drillers. Trump signed an executive ...

But most of the drilling leases already granted to companies in the oil-rich Gulf are idle and unused, and they’ll stay that ...

The signing ceremony took place at the iktva Forum & Exhibition held in Dhahran Expo from 13-16 January 2025 ...

This isn't the first time President Trump has sought to reverse drilling bans. As he learned in his first term, it won't be easy.

Brazil’s President Luiz Inácio Lula da Silva is defending oil exploration near the mouth of the Amazon River as a way to ...

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

Adnoc Drilling, the Middle East's biggest drilling company, has reported a more than 21 per cent rise in fourth-quarter ...

Kuwait Oil Company (KOC) is expected to announce the results of drilling and exploration operations in Jazza offshore field ...

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

TotalEnergies finished drilling Tamboti-1X and spudded Marula-1X, both exploration wells in block 2913B - which contains the Venus discovery - on the Namibian side of the offshore Orange Basin.

Act-Geo reported these findings to the Korea National Oil Corp. (KNOC), indicating potential deposits ranging from 680 ...

President Trump issued several executive orders taking aim at former President Biden’s offshore oil and gas development bans, ...