Recent discoveries in Guyana and Namibia have reignited interest in deepwater oil exploration, offering high returns for major oil companies. Despite forecasts of peak oil demand, Big Oil is investing ...

Southeast Asia’s deepwater gas boom gains pace as India boosts offshore exploration to reduce import dependence ...

The subsea market is projected to grow at a 10% CAGR from 2024 to 2027, reaching over $42 billion in total spending. Deepwater and ultra-deepwater developments are expected to account for 80% of the ...

Offshore rig contractor Noble Corporation’s NE CEO, Robert Eifler, recently shed light on the future of deepwater drilling, predicting that dayrates for rigs could rise to $600,000 per day by 2026.

How subsea engineering enables safe, efficient, and environmentally responsible deepwater exploration drilling and well testing at 1,000–3,500 m water depths. Assumptions (estimated): Deepwater ...

TechnipFMC plc FTI and Cairn Oil & Gas have entered into a strategic alliance to fast-track deepwater projects in India. The collaboration will tap TechnipFMC’s expertise and cutting-edge technologies ...

A joint venture of OMV, Vaar Energi and Inpex has made a new deepwater gas discovery in the Aasta Hansteen field area offshore Norway. The Haydn exploration well was drilled using the semi-submersible ...

Turkey will start drilling in a deepwater offshore location in Somalia next month in what would be the country’s first foray in deepwater drilling, Ankara’s energy minister told media today. Alparslan ...

Notes: “Hourly equivalent” uses standard 2,080 hours for comparability. Long-term incentives/equity (common at operators for senior staff) can add 10%–30% of base but are not included in “Total Cash” ...

Credence Research has released a new report titled "Liner Hanger System Market Size, Share, Growth, Opportunities, and Competitive Analysis, 2025–2032." According to the study, the Liner Hanger System ...