Rigzone Industry News

'It again becomes illegal for U.S.-based companies to deal in Venezuelan oil,' Rystad notes.

Legislation pushing Joe Biden to ratchet up sanctions on Iranian crude oil is on track to become law as soon as this week.

SapuraOMV's main assets are its 40 percent operated interest in block SK408 and 30 percent operated interest in block SK310, both located offshore Sarawak in Malaysia.

The energy technology firm's first-quarter revenue was recorded at $8.71 billion, a 13 percent increase compared to $7.74 billion in the same period last year.

One of those charged is a colonel in the Venezuelan military.

'Regarding the threat, we have seen the landscape worsen considerably,' the Chertoff Group warned.

Hengli Petrochemical, a subsidiary of Hengli Group, owns and operates a 400,000-barrel-per-day refinery and integrated chemicals complex in Liaoning Province.

Driven by a full period of production from the Who Dat assets in the U.S. Gulf of Mexico (GOM), production rose 18 percent quarter over quarter.

North America dropped 12 rigs week on week, according to Baker Hughes.

Santos collected $1.4 billion in sales revenue with 23.2 MMboe sold.