Rigzone Industry News

Neptune Energy has donated GBP 100,000 to help Sheltersuit UK care for rough sleepers this winter.

Saudi Aramco Base Oil Co has received regulatory approval for an initial public offering in Riyadh.

The cap is set to rise to an annual level of GBP 4,279 ($5,185) in January 2023.

ExxonMobil has signed a strategic cooperation framework agreement with PipeChina to work on several business opportunities.

Valaris has won a new deal for one of its drillships with supermajor BP for drilling operations offshore Egypt.

Keppel Offshore & Marine has delivered the first of three jack-up rigs to ADNOC Drilling.

Deepwater production is set to increase by over 60 percent between 2022 and 2030, growing from 6 to 8 percent of overall upstream production.

Supplies to Europe would be further reduced if flows via Ukraine are halted.

Fitch Solutions Country Risk & Industry Research has lowered its NYMEX RBOB gasoline price forecasts for 2022 and 2023.

Shell has started drilling operations on a high-impact gas prospect in the North Sea using a Noble-owned rig.