Rigzone Industry News

Obsidian Energy has completed its 2021 drilling campaign and has seen promising results for its 2022 program, prompting the company to up its production guidance.

Wartsila has signed Optimized Maintenance Agreements with MMS for the latter's pair of liquefied natural gas (LNG) carriers.

CGG has made further strides forward in accelerating the development of its new activities with a new HPC hub in Southeast England.

Oil rose above $104 with traders seeing a global supply deficit even as the International Energy Agency lowered its global demand growth estimates because of China's renewed lockdowns.

Russia's invasion of Ukraine has elevated governments' focus on energy security.

The new build vessels will each have a capacity of 175,000 cubic meters.

TotalEnergies and KGHM have signed a partnership to participate in a Polish government tender for the development of offshore wind projects.

Noble Corp. and Maersk Drilling might have to divest some North Sea rigs to get clearance for their merger from the UK's antitrust regulator.

There is one specific area with increased demand, according to Petroplan.

Analysts increased their previous forecast of $4 per MMBTU.