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You Searched For "offshore oil drilling" and got 20 results


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1 min read

Saudi Arabia plans to convert an offshore oil rig into a luxury extreme sports amusement park

The Rig, an amusement park with a hotel for 800 guests, will sit atop a converted oil rig in the Ar…

Joshua Zitser   


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2 mins read

ONGC declares highest ever standalone profit in FY24

The consolidated net profit of the company is also highest at Rs 57,101 crore in FY24. The crude oi…

ANI   


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1 min read

Senators push for offshore oil-drilling ban in budget reconciliation after California disaster

The demand comes days after an accident dumped more than 126,000 gallons of crude oil into the wate…

Charles Davis   


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2 mins read

Videos and photos show how oil rigs can be bigger than skyscrapers

Fossil fuel dependency has led humans to build some of the largest structures on Earth — from float…

Grace Kay   


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2 mins read

Video shows Ukrainian special forces retaking control of gas drilling platforms in the Black Sea during daring raid

Ukraine said it successfully recaptured strategically important gas drilling rigs in a two-day oper…

Thibault Spirlet   


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7 mins read

This could be Big Oil's last surge

Despite record profits, the oil and gas industry is still headed for a long-term decline, even if i…

Catherine Boudreau,Jacob Zink…   


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1 min read

10 industries at risk by Trump's offshore oil and gas drilling proposal

Less than a week after Trump's proposal, Interior Secretary Ryan Zinke removed Florida from the lis…

Daniel Brown   


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2 mins read

Exxon's role in Guyana deepens as the government approves a massive $9 billion oil-drilling project

Guyana approved Exxon's third offshore drilling project, further cementing the oil giant's role in …

Benji Jones   


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2 mins read

Ukraine captured a radar during a daring oil platform assault that it's now using to track Russian warships, commandos say

Ukrainian forces executed amphibious raids to retake oil and gas platforms, capturing a radar, heli…

Chris Panella   


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3 mins read

New York's $6 billion plan for offshore wind shows that oil drilling really is on the way out

As the Atlantic coast of Long Island is heavily-reliant on tourism, keeping the turbines out of sig…

Jeremy Berke   


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2 mins read

US shale producers are killing any hopes of a recovery in the offshore oil drilling business

"In 2015, Transocean's stock price rose and fell along with the price of crude," he added. But, in…

Prashanth Perumal   


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3 mins read

The Trump Administration is proposing auctioning off nearly all US coastal waters for offshore drilling

Leaders of many coastal states up and down the East and West coasts, including California, Oregon, …

Hilary Brueck   


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2 mins read

Elon Musk says the world still needs to use oil and gas or 'civilization will crumble'

CEO of the world's biggest electric car maker told a conference there should be more drilling in th…

Ryan Hogg   


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2 mins read

Things are so bleak in the oil industry an offshore drilling company got a 90% discount on a $700 million rig

As gCaptain noted, Ocean Rig bought four of a similar type of rig from builder Samsung Heavy Indust…

Bob Bryan   


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2 mins read

GOP congressman: Trump may have exempted Florida from offshore drilling because of Mar-a-Lago

"I would also say this, it smacks of what we never want to see in politics which is: Is it self-ser…

Bob Bryan   


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3 mins read

Hilary Brueck   


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2 mins read

Hurricane Ida could bring extensive power outages to the Gulf Coast and it's already knocked out more oil production than Katrina

Ida is expected to pass through oil fields that contribute 17% of the nation's total oil production…

Francis Agustin   


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4 mins read

Here's what Obama's ban on arctic oil drilling actually means

Obama's action, which he announced in conjunction with Canadian Prime Minister Justin Trudeau, was …

Dana Varinsky   


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5 mins read

Meet the 10 execs shaping the future of the energy industry

Welcome to Insider Energy, Business Insider's weekly energy newsletter. Sign up to get it in your i…

Benji Jones   


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4 mins read

Job cuts mount in the energy industry as oil markets fail to recover

Welcome to Insider Energy, Business Insider's weekly energy newsletter. Sign up to get it in your i…

Benji Jones