Rigzone Industry News

South Sudan's national planning body said contracts expiring 2027 should be renewed.

Saipem has secured two deals worth a total of $912 million in Côte d'Ivoire and Italy.

Nine states and five tribal nations have been awarded a total of $125 million.

'The decisions surprised oil markets, and prices reacted strongly and suddenly following the announcements'.

Saudi Arabia and Russia prolonged their unilateral oil supply curbs by another three months.

'Despite some softening in recent months, oilfield labor output is up sharply year on year'.

'The planned sale of SDX's Egyptian assets will be a significant milestone on the company's transition road map'.

'This transaction... supports the PNG government objectives for the people of PNG to have a greater equity interest in the development of their natural resources'.

Octopus is buying Shell's home energy units in the UK and Germany.

Over 60 firms are now trading biofuels from Singapore.