Rigzone Industry News

Crescent Point Energy Corp. Chief Executive Officer Craig Bryksa spent five years revamping the Canadian oil driller.

The divestment to Sanabil Investments follows efforts to diversify the Kingdom's oil-reliant economy by refocusing government investment on private and other sectors, as laid out in Saudi Vision 2030.

Serica Energy reported 'outstanding progress' in 2022.

'This is the second-strongest reading on record'.

Singapore businessman Lim Oon Kuin is on trial Tuesday.

'There is no doubt that this is gross sabotage in international waters directed towards infrastructure'.

Scottish First Minister Humza Yousaf and Just Transition Secretary Mairi McAllan have visited Port of Aberdeen's $497.6 million South Harbor expansion.

Oil futures crashed in March 2020 on the heels of the initial spread of Covid-19 as Saudi Arabia flexed its oil producing muscles, amidst an output dispute with Russia, thereby flooding markets and cementing their role as de facto OPEC+ leader.

Saudi Arabia hiked official selling prices for all of its oil sales to Asian customers in the month of May.

Seadrill Limited has completed its acquisition of Aquadrill.