"As we have taken the first step toward the full-fledged development of a deep-sea ... its oil demand for four years. Costs, however, remain a major hurdle for the development project, as drilling ...

Offshore drilling contractor Odfjell Drilling has agreed terms with Equinor to extend its contract for use of the Deepsea ...

President Joe Biden will move Monday to block all future oil and gas drilling across more than 625 ... the eastern Gulf of Mexico and the Northern Bering Sea in Alaska, the two people said.

This allowed the government to fast-track approval of oil companies’ offshore drilling permits ... the geological complexity and susceptible deep-sea life specific to that area in the Gulf.

By Lisa Friedman Reporting from Washington President Biden is expected to permanently ban new oil and gas drilling in large ... could offer new protections to deep waters in the Eastern Gulf ...

President Biden has taken an action that will effectively ban future offshore drilling in certain areas. Find out how Louisiana may be impacted here.

Deep-sea mining may irreparably harm ocean ecosystems before we even have a chance to fully study its impacts. That's one reason the Center has taken a lead role against deep-sea mining. We're ...

Chinese offshore operator CNOOC Ltd is preparing to begin a deep ... drilling campaign in December for developing the Lingshui 25-1 deep-water gas field in the Qiongdongnan basin, in the South ...

Chinese offshore operator CNOOC Ltd has started a drilling campaign to develop the Lingshui 25-1 deep-water gas field in the Qiongdongnan basin, in the South China Sea. The first of the 12-well ...