Rigzone Industry News

Borr Drilling has been awarded new contracts and extensions for five of its premium jack-up drilling rigs.

TotalEnergies and Sempra have expanded their North American strategic alliance with the signing of two Memorandums of Understanding.

Oil rallied above $100 a barrel after the European Union said it was working on new Russian sanctions, while Saudi Arabia hiked its prices for all its buyers.

IPR Energy has completed the acquisition of a 55 percent interest in the El Fayum and North Beni Suef Concessions in Egypt from Pharos Energy.

Those who did hedge find their deals increasingly underwater.

Equinor has chosen Technip Energies to perform a FEED for the offshore floating wind Firefly project offshore the East Coast of South Korea.

The IEA's Member Countries agreed to a new release of oil from emergency reserves due to market turmoil caused by Russia's invasion of Ukraine.

Here is a snapshot of what's happening with Iran.

The Texas Blockchain Council, the crypto industry's lobbying arm, wrote a draft bill.

Shearwater GeoServices has been picked by Equinor for a 4D seismic monitor project at the Mariner field offshore UK.