Rigzone Industry News

Buru is working to commercialize its Rafael discovery in Australia.

Equinor ASA has exercised options to extend Odjfell Drilling AS' semi-submersible Deepsea Aberdeen for seven wells on the Breidablikk field.

TotalEnergies signed up for four million barrels of oil per month from a pending project of Energy Transfer in the US Gulf of Mexico.

ExxonMobil plans to invest up to $15 billion into Indonesia in the form of a refinery and a carbon capture project.

The Western Isles FPSO will be redeployed at the Buchan field redevelopment in the central North Sea.

Environmental NGOs slammed the Swiss National Bank for what they say is its $9 billion investment in fracking companies.

Fitch said it expects Sinopec's volume to increase in its refining segment, as domestic gasoline demand has reverted to pre-pandemic levels.

KOTUG now has five offshore terminal tugs in Guyana.

The Kazakh authorities ordered the North Caspian Operating Company, which runs Kashagan, to pay a 2.3 trillion tenge ($5 billion) fine earlier this year.

Oil rebounded as traders boosted bets that OPEC and its allies will work to counteract the plunge in prices over the past four weeks.