Rigzone Industry News

'It appears that SilverBow is not willing to seriously engage in any discussions of mergers in which it would be the smaller party'.

KCA Deutag has secured contracts worth $204 million in its key and core markets.

Under the terms of a proposal sent to the board, Kimmeridge would contribute the KTG assets to SilverBow in exchange for 32.4 million shares priced at $34 per share.

CEO and CFO Charles Njuguna is retiring due to a family health matter.

The contract is for drilling and maintenance services on the Ringhorne platform in the North Sea.

China's imports of Iranian crude tumbled to the lowest level in 11 months, according to data from intelligence firm Kpler.

Helsinki-based Kemira Oyj has completed the divestment of its oil and gas-related portfolio to Sterling Specialty Chemicals LLC, a U.S. subsidiary of Indian industrial chemicals company Artek Group.

Santos has agreed to provide additional time for Kumul to pay the full purchase price of its stake acquisition in PNG LNG.

The CAPEX guidance increase reflects additional capital costs incurred by the Who Dat, Dome Patrol and Abilene joint ventures.

Karoon said it expects its total production for 2024 to be in a range of 11.2 million to 13.5 million barrels of oil equivalent.