Rigzone Industry News

Shell is selling its stakes in a group of North Sea oil fields, according to marketing materials seen by Bloomberg News.

Oil felt continued pressure this week from slight oversupply dynamics.

Perenco UK has secured the services of the Valaris 247 jack-up rig for the Southern North Sea drilling campaign.

EnQuest has reported higher production for the first 10 months of 2022 when compared to the corresponding period in 2021.

European Union diplomats are set to meet Friday evening to see if they can hammer out a final deal.

Sempra Infrastructure and ConocoPhillips have executed a 20-year Sale and Purchase Agreement for five million tons per annum of LNG.

With soaring shipping costs comes soaring bills for ships doing nothing.

The global oil market keeps sending up flares on the outlook for weaker demand.

How are the top oil producers faring at the FIFA World cup?

Equinor's latest board recommendation comes after the Norwegian Government announced in September that it had decided to heighten emergency preparedness.