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At the end of a field's life, when production has ceased, decommissioning is the process whereby the hydrocarbon reservoirs ...

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Tapti oil and gas fields were operated by the Panna-Mukta and Tapti (PMT) joint venture under a production sharing contract ...

BP plc BP, the British oil and gas giant, has awarded a contract to SBM Offshore to assist with the installation of the Kaskida semi-submersible Floating Production Unit (FPU). Per the terms of the ...

The administration wants to designate a High Arctic offshore area beyond the 200-mile limit as part of a new oil leasing plan, but U.S. rights to the area are uncertain.

Subsea Integration Alliance—comprising SLB OneSubsea and Subsea 7—has landed a sizable contract with BP under its global ...

Shell, Reliance, and ONGC have completed the decommissioning of the Tapti offshore gas field, marking a key milestone in ...

According to Insider Monkey’s Q4 database, 86 hedge funds held stakes in ConocoPhillips (NYSE:COP), compared to 66 funds in ...

The major oil companies' results were hurt by narrow refining margins, lower oil prices and rising costs. The results were the company's first since its March capital markets day, when it said it ...

Goldman Sachs trimmed its oil price forecasts, saying it expects the Organization of the Petroleum Exporting Countries and its allies to continue accelerating output hikes. The cartel and its allies ...

The Panna-Mukta and Tapti (PMT) joint venture partners - Shell (through BGEPIL), Reliance Industries (RIL), and Oil and ...