President Obama’s fiscal year 2016 budget request for the Bureau of Safety and Environmental Enforcement (BSEE) is $204.7 million, providing robust support that will enable BSEE to keep pace...

Marine Well Containment Company (MWCC) announced the completion and delivery of its expanded containment system, bolstering well containment capabilities...

Chevron and BP will collaborate with ConocoPhillips to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon...

The global drilling industry is going through a rough patch. Falling oil prices have put companies on edge, stirring anxieties about what lies ahead in 2015...

An intensive drilling program is under way on the Egina project in Nigeria, TOTAL announced. Two rigs will be kept busy for a total of 3,000 days, drilling 44 wells...

The biggest challenge is to enhance productivity in the complex environment of offshore well construction. This can be achieved by improving well designs to better manage...

The Asia Pacific is as vast as it is diverse. With huge gas projects in Australia, a focus on maximizing domestic resources in Indonesia and Malaysia, and new bidding rounds announced in Myanmar, Thailand and the Philippines, the region’s long-term outlook is strong...

Hess Corp announced a 2015 capital and exploratory budget of $4.7 billion, a 16% reduction from its 2014 actual spend of $5.6 billion. Of this, $2.1 billion (45%) is budgeted for unconventional shale resources...

At the end of last year, Petrobras deployed its first wet Christmas tree using cables in the pre-salt area. The main change involved was the use of a subsea equipment...

XACT Downhole Telemetry, in conjunction with BP, recently completed the first operational field trial of the SandSentry Acoustic Telemetry Network in the deepwater Gulf of Mexico...