Rigzone Industry News

UAE-based rig operator ADES is continuing with its April drilling rig shopping, this time with two Valaris jack-ups.

OPITO and the Massachusetts-based National Offshore Wind Institute will support thousands of new jobs in the growing U.S. offshore wind sector.

Chevron Corp. posted the highest quarterly earnings in almost a decade.

QatarEnergy has announced the award of a 'major' EPC deal.

Electric power sector generation from renewable sources totaled 795 million MWh in the United States in 2021, surpassing nuclear generation.

Continental Resources, Hess, and Matador Resources signaled plans to raise production from U.S. shale basins.

The North Sea Transition Authority has fined Shell UK Limited.

High commodity prices and increasing oil and gas supply are set to push upstream sector payments to governments to an all-time high this year.

Searcher Seismic has expanded its South Africa 2D and 3D data library in cooperation with the Petroleum Agency of South Africa.

Oil closed at the highest level in nearly two weeks as prospects for a European Union ban on crude imports from Russia seemed more likely, with an extra jolt of support coming from a growing global diesel supply crunch.