Rigzone Industry News

The auction offers 15 deepwater blocks and nine shallow-sea blocks.

The two companies will study and explore the joint development of low carbon ammonia supply chains in Singapore.

A Shell industry veteran has decided to step down.

Oil was little changed as traders wait to see if a week of key data inputs can break the market from its recent torpor.

Axis declared a milestone in well service technology with the deployment of an electric-powered rig that it says not only reduces emissions but also improves safety and efficiency.

North America's rig count dropped week on week for the first time in 2024, according to Baker Hughes.

Further, Talos appointed QuarterNorth's designee Joseph Mills to its board of directors.

U.S. natural gas producer EQT Corp agreed to buy back former unit Equitrans Midstream Corp for about $5.5 billion in stock.

'President Biden continues to divide us,' Independent Petroleum Association of America (IPAA) President and CEO Jeff Eshelman said.

Chevron Uruguay Exploration Limited is acquiring a 60 percent participating interest in the Area Off-1 block offshore Uruguay in a farm-out agreement with Challenger Energy.