Rigzone Industry News

The Bozhong 19-6 Gas Field project is expected to achieve peak production of approximately 37,000 barrels of oil equivalent per day (boepd) in 2024.

Mubadala, Chevron and Pertamina signed a joint study agreement to explore the geothermal potential in North Sulawesi.

The Haisla Nation and Pembina have signed a heads of agreement with Samsung Heavy Industries (SHI) and Black & Veatch for the Cedar LNG Project in British Columbia.

The joint venture believes that the rock quality discovered in the Maastrichtian horizon in the Wei-1 well is analogous to that reported in the Liza Discovery on the Stabroek block.

International Seaways logged $97.9 million in net profit for Q3.

Crescent Point will acquire an oil and liquids-rich Alberta Montney producer Hammerhead Energy for a total consideration of approximately $1.86 billion (CAD 2.55 billion).

Canadian Natural hit record levels of production in company history.

ConocoPhillips saw lower prices offset record production.

Cheniere's third quarter was boosted by derivatives trading but dented by weakening margins.

Chevron Corp. will continue to pursue expansion plans for natural gas developments in Israel despite the conflict that's erupted there.