Rigzone Industry News

North America lost rigs again week on week, according to Baker Hughes.

About 40 percent of vessels lifting crude from Russia's Baltic and Black Sea ports were owned by companies based in countries signed up to the cap.

'These are the seventh acreages awarded for CO2 storage on the Norwegian continental shelf.'

Equinor expects the project to raise recovery by 109 MMcf of oil and 28 Bcf of gas.

SINOPEC Engineering logged $181.7 million in net profit for the first half.

The potential sale includes Azerbaijan's biggest oil project.

Oil fell on signs that supplies may be rebounding and concerns that economic growth in China is headed for a slowdown.

Earlier this month, the oil giant offered to exchange PDC's 5.75 percent notes due 2026 for new notes with the same coupon and maturity issued by one of its units.

The latest cohort of recipients includes Alaska, Utah and Virginia.

IPR Energy Group has made a 'major' discovery in the Alamein/Yidma Concession in Egypt.