
Norway’s Equinor is mobilising to drill two exploration wells in waters offshore Canada, which could add to its Bay du Nord offshore project development.

After several delays, the government of Canada has approved the Equinor-operated Bay Du Nord offshore oil project.

The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.

After climbing back to 12 units, the number of offshore rigs in the U.S. upped the ante last week and increased to 14.

After slipping down to 11 units, the number of offshore rigs in the U.S. went back up to 12 units last week, based on rig count report.

After no change for two consecutive weeks, the number of offshore rigs in the U.S. dropped to 11 units last week.

The ever-widening chasm between the oil and gas industry and environmentalists is evident in this as well as other new oil projects, think of Cambo in the UK, as each group holds a vastly different opinion on the effects that this project development would have within the context of the energy trans

The number of offshore rigs in the U.S. remained moored at 12 units without any upward or downward deviations for two weeks in a row.

After a sudden decline to 12 units, the number of offshore rigs in the U.S. came to a stop and remained unchanged last week.

The number of offshore rigs in the U.S. took a steep downward plunge last week and went down by 4 units, based on Baker Hughes’ report.

After taking a downturn and falling down to 16 units, the number of offshore rigs in the U.S. came to a halt and remained unchanged.

After remaining unchanged for two weeks in a row, the number of offshore rigs in the U.S. fell down to 16 units last week.

The number of offshore rigs in the U.S. stayed flat at 18 units for two consecutive weeks, according to Baker Hughes’ rig count report.

Wood has secured nearly $3 million in funding for an oil and gas robotics project, which is expected to create new job opportunities.