Rigzone Industry News

The oil spill detection system is cloud-based and 'complies with the highest IT security standards'.

The transactions will result in approximately $50 million of acquisition and related development capital expenditures.

The transaction value was not disclosed.

Vietnam's upstream sector outlook is brightening, according to analysts at BMI, a Fitch Solutions company.

Venezuela and Trinidad and Tobago signed a profit-sharing agreement to export gas from the PDVSA-owned Dragon offshore project.

Vital expects the new assets to add 35,000 boepd to production capacity.

Valero has now approved up to $5 billion in share buyback this year.

'It was fortunate that our helicopter crew was flying nearby'.

Valaris has won contracts from BP and TotalEnergies for drilling offshore Brazil and Indonesia.

The acquisition totals roughly 7,300 net royalty acres.