News

According to updated information provided by Guyana’s Maritime Administration Department (MARAD), ExxonMobil started drilling the Hamlet-1 prospect with the Stena Drilling drillship Stena Carron.
Operationally, ADNOC Drilling expects to exceed 148 rigs by 2026 and 151 rigs by 2028. Its 2025 revenue guidance stands at $4.6–$4.8 billion with EBITDA of $2.15–$2.3 billion.
Advance Metals has restarted diamond drilling at its high-grade Myrtleford gold project in the Victorian goldfields, with the company’s first hole testing below a previous 47.9 grams per tonne ...
US oil and gas drilling activity slipped by a single unit this week, leaving 554 rigs running. Canada gained a unit, ending the week with 139 total rigs working. "The Johan Castberg volume base ...
NC Gov. Josh Stein and SC Gov. Henry McMaster joined to ask President Trump not to lift his ban on oil and gas drilling off the coasts of the two states.
Gov. McMaster urged BOEM to exclude SC waters from offshore drilling. Nonprofits also want the ban on oil and gas development in the Atlantic to stay.
The operator of Azerbaijan's Umid-Babek offshore gas development project plans to start drilling two appraisal wells at the Umid field in the second half of this year in a bid to boost the asset's ...
Strickland Metals has unleashed a seventh drill rig at its 7.4-million-ounce gold equivalent Rogozna project in Serbia to target high-grade lodes at its Gradina prospect and chase copper-gold ...
Coastal residents want Gov. Ron DeSantis to sign HB 1143, a bill that would permanently ban oil drilling along the Apalachicola River.
A second drill rig is expected to arrive at the Berezski Target over the next 3-4 weeks to accelerate the Phase 2 Elemes drill program.
The Supreme Court has agreed to weigh in on a procedural dispute over which court should decide an oil company’s responsibility for Louisiana coastline restoration. On Monday, the justices ...