Rigzone Industry News

BP Plc plans to invest about $1.5 billion in Egypt during the next few years.

The integrated services project is set to start in the first half of 2025.

The Golar LNG vessel arrived at its destination on the maritime border of Mauritania and Senegal.

The acquisition is anticipated to expand Benchmark's portfolio, adding approximately 140,000 net acres in the prolific Western Anadarko Basin.

Boeing accused the world's biggest oil companies of doing too little to produce sustainable jet fuel as frustration inside the aviation industry grows about the lack of supply.

The JV will have BP's stakes in three development concessions and three exploration licenses.

Baker Hughes has released its latest rotary rig count figures.

Block Energy launched a farmout process for the development of a group of gas assets in the Eurasian country of Georgia.

Bilfinger signed a three-year contract, aiming to ensure the reliability of the FPS, which transports and processes oil and gas from the North Sea.

In a BofA Global Research report sent to Rigzone recently, analysts highlighted that global oil demand hit a record of around 103 million barrels per day in the third quarter of 2023.