PERDANA Petroleum Bhd has secured a vessel charter contract from a petroleum arrangement contractor (PAC) for the provision ...

Perdana Petroleum Bhd's wholly-owned subsidiary Perdana Nautika Sdn Bhd has secured a charter contract from PTTEP Sabah Oil ...

Perdana Petroleum Bhd's wholly-owned subsidiary Perdana Nautika Sdn Bhd has secured a charter contract from PTTEP Sabah Oil ...

Transocean said in its Q2 fleet status report that it secured two extensions and two new contracts for four of its rigs, ...

The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...

The golden era of excess is over. For oil drillers, the game is no longer about volume; it’s about surviving in a world where ...

Shell has received approval to drill up to five deepwater wells off South Africa’s west coast as majors pursue Orange Basin ...

Offshore oil rigs are some of the largest structures on the ocean, they can operate at incredible depths and drill deeper than some airplanes fly.

Offshore driller Transocean added US$199 million to its contract backlog in the second quarter due largely to exercised ...

Hometown heritage and history will come alive during the 54th Annual Derrick Day set 10 a.m. to 3 p.m. Saturday at the Penn ...

ExxonMobil has discovered 75 million barrels of oil in recent months at its producing Hibernia and Hebron fields offshore Newfoundland & Labrador, according to the head of the supermajor's ...

One would think that the offshore industry would be cratering with oil prices for a barrel having fallen from the $70s into ...