Rigzone Industry News

Arrow is planning to drill 15 wells with a $33.68 million (CAD 45 million) net capital budget for 2024 as it focuses on its Colombian assets.

'One of the most striking similarities is investor positioning in energy and metals'.

The acquisition positions McIntyre to benefit from significant investment in offshore activities, including field-life extension, decarbonization and renewables.

Rigzone speaks to market experts to see what themes will dominate the global oil market this year.

Four to five people wearing black masks went aboard the ship, the UK Maritime Trade Operations said.

The hit was 'primarily driven by macro & external developments as well as portfolio choices, including the Singapore Chemicals & Products assets'.

Argentina's state-owned oil driller YPF tapped investors with a new dollar bond to help finance a buyback of existing debt.

In a new report sent to Rigzone, analysts at Standard Chartered projected that global oil demand growth 'will stay above the longer-term average' in 2024 and 2025.

'The situation is constantly evolving and remains highly volatile'.

Samsung Heavy Industries (SHI) and Black & Veatch will provide engineering, procurement and construction for the FLNG production unit in British Columbia.