Rigzone Industry News

'The operation marks the resumption of exploratory operations on the African continent, with the aim of diversifying the portfolio'.

The two service operation vessels have been contracted by Hughes Subsea.

South Africa is preparing to appoint a CEO of state oil and gas company PetroSA, ending a more than yearlong leadership vacuum.

QatarEnergy and Nakilat have agreed on a time-charter arrangement for up to 25 newbuild LNG carriers.

Oil was little changed as traders weighed increasing military activity in the Middle East against diplomatic efforts to alleviate the conflict.

Black Hills reported a net income of $79.6 million for the fourth quarter of 2023.

ConocoPhillips will focus on efficiency after delivering a company record for the Lower 48 with an output of 1.1 MMboepd in 2023.

North America increased its rig count week on week, according to Baker Hughes.

Duvernay Energy Corporation will target strong, high netback cash flow and production growth focused on the Kaybob Duvernay resource play in Alberta, Canada.

Diamondback will fund the deal with 117.3 million shares and $8 billion in cash.