Rigzone Industry News

Rigzone's regular market watchers focus on the U.S. Strategic Petroleum Reserve release, Russia-Ukraine peace talks, OPEC+ moves and more.

The API and EWTC have their say.

Analysts warned any reprieve will be short-lived.

Petrobras has lost a case against a former provider of offshore drilling rigs for oil and gas exploration Paragon Offshore Nederland.

Keppel Offshore And Marine and Sembcorp Marine are still negotiating the proposed combination intending to reach a definitive agreement by April 30, 2022.

OPEC may make a formal ruling on the matter when ministers gather on Thursday.

Texas Independent Producers and Royalty Owners Association (TIPRO) has confirmed Jud Walker as the next chairman to lead the association.

Without new investment, around 80 percent of UK gas supplies will have to be sourced abroad.

Transocean has made a new purchase.

IOG, the net-zero UK gas and infrastructure operator, has had to negotiate some road blocks in its Saturn Banks Phase 1 wells.