Rigzone Industry News

In a statement posted on its website recently, TGS outlined that it had set a record with the completion of a 'groundbreaking deepwater node survey campaign offshore Guyana'.

Calgary-based Pason Systems Inc. has purchased all remaining common shares of Intelligent Wellhead Systems Inc. (IWS) for a total consideration of $66.18 million (CAD 88.2 million).

Tuktu Resources Ltd. has closed in escrow the purchase of southern Alberta oil assets owned and operated by an undisclosed arm's length public company.

'These illegal actions endangered the lives of dozens of innocent mariners and continue to disrupt the free flow of international commerce'.

The Joint Ministerial Monitoring Committee, which includes group leaders Saudi Arabia and Russia, will convene in the first week of February.

Mach closed the acquisition of certain interests in oil and gas properties in several counties in Oklahoma from Paloma Partners.

Authorities uncovered 42 refineries and 14 illegal pipelines operating in the Niger Delta, in a week-long operation.

Oil sank as broad risk-off sentiment undercut concerns about escalating conflict in the Red Sea.

Kinder Morgan completed the purchase of NextEra Energy Partners' gas pipeline system in South Texas, in a transaction worth $1.82 billion.

Baker Hughes' final rotary rig count of 2023 showed a notable week on week and year on year drop for North America.