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The global offshore drilling riser market was estimated to reach a valuation of USD 3.8 Billion in the year 2022. With a steady CAGR of 2.2% from...

The global offshore drilling riser market was estimated to reach a valuation of US$3.8bn in 2022

Offshore sector appears headed for a sustained run

Vito has an estimated peak production of 100,000 barrels of oil equivalent per day, according to Shell.

Through 2021, the federal waters of the northern Gulf of Mexico have cumulative production of 23.4 Bbo and 193 Tcf. Click here to know more...

Cumulative production from the federal waters of the offshore Northern Gulf of Mexico through 2020 is 22.7 BB (billion barrels) oil and 190 tcf gas. Click here to know more...

More deepwater exploration and project sanctions in the US Gulf of Mexico could be in store for the E&P sector during 2022 assuming robust oil prices hold up, according to analysts. The roughly 12 deepwater US Gulf discoveries scored in 2021 could expand by a couple more next year, and several fields that have patiently ...

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The plethora of oil and natural gas discoveries in the rich Perdido thrust belt of the deepwater Gulf of Mexico (GOM) has yielded yet another discovery

The plethora of oil and natural gas discoveries in the rich Perdido thrust belt of the deepwater Gulf of Mexico (GOM) has yielded yet another discovery