Rigzone Industry News

Repsol obtained a license from the US to keep operating in Venezuela after May 31.

The initial estimated size of the discovery is at most 3.5 MMcf.

Milei, who's just months into a four-year term, pledges to go where no Argentine leader has successfully ventured for three decades by deregulating the country's tightly controlled economy.

Oil slipped as broader investment sentiment soured and traders weighed signs of a weakening physical market ahead of the start of the US summer driving season.

Cellugy has developed a platform technology that enables the creation of fully bio-based and biodegradable alternatives to carbon-intensive petrochemicals.

The work is part of a five-year contract awarded to Promethean Energy by the BSEE to decommission orphaned offshore wells.

Brummelhuis will begin employment with the company on July 1, reporting directly to Karoon Managing Director and CEO Julian Fowles.

The acquisition gives ADNOC a share of the liquefied natural gas (LNG) production from the concession.

Saipem has been awarded three new contracts worth an overall amount of $3.7 billion by TotalEnergies EP Angola Block 20.

A shadow fleet oil tanker transporting Russian crude had an engine failure.