Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.

Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed an engineering agreement with Peak ...

Interior’s Bureau of Ocean Energy Management (BOEM), which oversees offshore oil leasing, previously estimated that the 2024 rule — the first such overhaul in the past 20 years — would raise ...

China, the world’s biggest maker of solar panels, EVs, and wind turbines, has built the world’s largest offshore oil platform that will be used at the Marjan field in Saudi Arabia.

This oil platform stopped pumping 30 years ago. Alaska still won’t make the owner tear it down. Removing all the offshore oil infrastructure from Cook Inlet could cost $1 billion.

To many environmentalists, offshore fossil fuel production’s potential for disaster is significant. The spill caused by the Deepwater Horizon rig, which was operated by BP, resulted in ...