Rigzone Industry News

Baker Hughes has announced it is acquiring Altus Intervention, an international provider of well intervention services and down-hole oil and gas tech.

TotalEnergies SE announced plans for a steep cut in methane emissions.

Petronas has signed new Production Sharing Contracts for five offshore blocks located offshore Malaysia.

The Covid-19 resurgence is posing a threat to global oil consumption.

UK Foreign Secretary Liz Truss has announced 65 new Russian sanctions against a range of key strategic industries and individuals.

Energy independence and energy transition were highlighted in a new BofA Global Research report.

Gas markets were back in a frenzy.

Waldorf Production has entered into a binding Sale and Purchase Agreement for the acquisition of the entire UK business of Hungarian oil firm MOL.

McDermott has delivered the gas-producing U-field, claiming it as the largest subsea project in the Asia Pacific.

Russian Navy landing ships have been approaching the Ukrainian Coast near Odessa.