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.

Alberta's wildfires have led to the suspension of approximately 350,000 barrels per day (bpd) of heavy crude production, which constitutes around 7% of Canada's total oil output. The Caribou Lake ...

VTI Hamlin (Vantaa, Finland) has opened the world's largest facility dedicated exclusively to silicon micromachined sensor manufacturing. The 11,700 square meter plant in Helsinki will provide ...

GEORGETOWN, April 15 (Reuters) - A consortium led by U.S. oil major Exxon Mobil (XOM.N), opens new tab is about to begin installing its fourth floating oil production facility in Guyana, the South ...

Shell estimated peak production would be around 100,000 barrels of oil equivalent per day. Equinor, a Norwegian company, added the platform itself was reconfigured so that costs would be 70% lower ...

Shell begins oil production at floating Gulf of Mexico facility. By Shelby Webb | 01/10/2025 06:38 AM EST . The new Whale development is up and running following President Joe Biden’s drilling ...

Azerbaijan will get a welcome earnings boost from BP’s announcement that it has launched production at a new $6-billion facility in Azerbaijan’s giant Azeri-Chirag-Gunashli oil field. The upgrade can ...

A busy oil sands maintenance season and early summer wildfires put a dent in Canadian crude production in the second quarter, but oil companies are ramping up growth over the next two years and ...

Production is anticipated to commence in 2029. BP fully owns the Kaskida field, which has identified recoverable resources of about 275 million barrels of oil equivalent for the initial phase.

School officials relieved oil storage facility expansion near school nixed 02:20. ... which is located next to many oil and gas production facilities, says pollution affects her students' education.

NEWPORT NEWS, Va. - An Italy-based olive oil company is making its mark in the United States with its first production facility in Newport News. Governor Glenn Youngkin announced Wednesday that ...

The port also approved a site adjustment for its lease with building materials company Titan America, which wants to build a $20 million ready-mix concrete production facility on five of the 33 ...