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Offshore & Marine
Offshore News
GlobalData: Russian and Norwegian companies to drive oil and gas industry in the Arctic
The Arctic continental shelf is estimated to hold vast deposits of hydrocarbons and rare earth minerals. Read more
Feb 4, 2020
U.S. crude oil and natural gas production increased in 2018, with 10% fewer wells
In 2018, while production was increasing, the total number of wells producing crude oil and natural gas in the United States fell to 982,000, down from a peak of 1,035,000 wells in 2014. Read more
Feb 3, 2020
ExxonMobil: Guyana recoverable resources is more than 8B oil-equivalent barrels
ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil equivalent barrels and made a further oil discovery northeast of the producing Liza field at the Uaru exploration well. Read more
Jan 27, 2020
