Rigzone Industry News

Nextracker's revenue for its FY2024 second quarter ended September 29 reached $573 million, up 23 percent year-on-year.

Norway's petroleum production totaled about six billion cubic feet of oil equivalent so far in 2023.

Woodside will deconstruct the Nganhurra RTM for recycling and reuse.

Abuja has now avoided paying 'a sum so vast that it is material to Nigeria's entire federal budget'.

Navigator cited unpredictable regulatory processes.

North America has dropped more rigs, according to Baker Hughes' latest rotary rig count.

The recently proposed restrictions on oil and natural gas vessels operating in the U.S. Gulf of Mexico would lead to a nearly one-quarter decline in U.S. energy production, the study said.

ConocoPhillips expects to put Tommeliten A onstream this month.

Rhode Island, Massachusetts and Connecticut signed an MOU for cooperation in offshore wind procurement.

Hasselmus is expected to add 4,400 barrels of oil equivalent per day in production at its peak.