In recent years, the global manufacturing sector has experienced a paradigm shift as firms reassess the balance between offshoring and reshoring their production activities. This trend is driven by a ...

Sable Offshore has not completed all necessary steps to restart oil production locally a state regulator confirmed ...

Oil production is set to resume off the coast of Benin for the first time in nearly three decades, as the small West African ...

Akrake Petroleum targets end-January 2026 start at Benin’s Seme field Offshore project delayed by drilling difficulties in unstable shale layers Initial production expected to reach 15,000 barrels per ...

For decades, manufacturers have offshored production to save on labor, materials and costs. However, recent global disruptions such as tariffs, long lead times and logistical challenges have led many ...

The second US Gulf development to crack the 20,000 pounds per square inch (20k) barrier kicked off production on Friday when the first well of Beacon Offshore Energy’s Shenandoah was brought online, ...

Platform Harmony, seen from the Gaviota Coast of Santa Barbara County, is one of three oil platforms owned by Sable Offshore Corp. The company plans to restart production, which has been shut down ...