Rigzone Industry News

Transocean has been awarded a five-well job in Australia worth $137 million.

'Last week's positive April U.S. jobs data had potential to ease macro concerns as crude price recovered'.

Saudi Arabia, typically one of the Gulf's biggest and busiest listing markets, has been very quiet this year amid concerns over global economic growth.

The U.S. Energy Information Administration cut its Brent spot price average forecasts for 2023 and 2024.

Eni insisted it was pursuing a “just transition” toward net zero emissions by 2050.

The transfer serves to meet costs for the initial phase of development.

A three percent surge in gasoline prices drove a rebound in energy costs.

'In order to increase reserves, it is necessary to have areas to explore for oil and gas'.

Both Sudan and South Sudan's oil production is at risk, according to Dryad Global.

UK Prime Minister Rishi Sunak said the UK will need fossil fuels for the 'next few decades'.