Offshore Energies UK’s (OEUK) 2025 Business Outlook report shows that, under the right business conditions, half of the 13-15 ...

BRITAIN is sitting on a glut of oil and gas that could provide half of our needs for the next 25 years and add £150billion to ...

UK crude oil production is projected to average 0.53 million barrels per day in 2025 in the NSTA's updated output forecasts.

The UK could potentially produce about half of its energy consumption locally from the North Sea, provided the industry ...

In July 1988, a fire breaks out on a vast oil rig in the North Sea, trapping Joe Meanen.

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Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like PTEN, RIG and HP.

Oil finds soon followed and by the early 1980s the UK was exporting more oil ... The world's worst offshore disaster was on the Piper Alpha rig in 1988 when 167 men died. Oil production has ...

RIG holds a strong position in offshore drilling with high demand and innovative technology, but its high debt and financial losses could affect growth prospects.

Decommissioning the world’s ageing offshore oil and gas infrastructure can be dangerous, costly and complex, and progress so far has been far from encouraging ...