Rigzone Industry News

An oil tanker ran aground in Indonesian waters, close to the maritime hub of Singapore.

The company closed the acquisition of a gross overriding royalty in 60,800 net acres of largely contiguous land in the Figure Lake area of central Alberta.

Saudi Arabia recorded higher budget revenues than expected this year despite a sharp drop in oil prices and production.

Sentinel has formed a second JV with ExxonMobil to expand the former's last-mile infrastructure platform.

BrasFELS Shipyard has secured a contract to complete parts of the topside modules fabrication of an FPSO for the Raia project in Brazil.

Strike completed the SE3 appraisal well, confirming the South Erregulla gas field's continuity to the Northeast.

Saudi Arabia slashed its official crude oil selling prices to Asia by the most since February.

Saudi Arabian Energy Minister Prince Abdulaziz bin Salman says the kingdom won't agree to a text that calls for the phase down of fossil fuels at the COP28 summit in Dubai.

The purchase had a price tag of $700 million.

The new capital will be used to accelerate deployment of Malta Inc's storage systems globally.