Rigzone Industry News

Aramco and other Saudi and international companies purchased over 2.42 million tons of carbon credits in an auction.

Apache Corporation has opened its Tree Grant Program application for the 2023-2024 planting season.

'For the moment the market is practicing an attitude to the oil market of 'I don't believe it before I see it''.

Petrofac has won the construction contract for Sonatrach's $1.5-billion petrochemical project.

Alberta's premier said Canada's decarbonization goals are unachievable for the oil-rich province.

Aker BP has raised expected reserves from the discovery to 53-90 MMboe after a record drilling.

The two new rigs will be deployed into operation by the fourth quarter.

Sultan Al Jaber, tapped to lead UN climate talks, said “the phase-down of fossil fuels is inevitable”.

Exploration in the Americas is heating up, with TGS announcing three projects in the region over the past few days.

The green light paves the way for final approval by the Petroleum and Energy Ministry of the development plans for the Yggdrasil area and the Valhall field extension project.