Rigzone Industry News

The framework agreements take the total value of ADNOC's drilling-related framework deals and procurement awards to over $8.5 billion since November 2021.

IOG has confirmed first gas from the Elgood field, part of Phase 1 of its Saturn Banks Project.

The state's comptroller wrote to 19 domestic and foreign banks and asset managers seeking clarification.

Petrofac is again allowed to compete for tenders from UAE oil and gas giant ADNOC following a year-long suspension.

Exxon has made a final investment decision to develop additional gas from the Kipper field to secure supply to the Australian market.

There is a potential for Russia to use the ambit of procedural issues as a pretext for the effective seizure of vessels.

Technip Energies has signed a memorandum of understanding with Greenko ZeroC Private to explore green hydrogen opportunities in India.

Tidewater has started a project to optimize the lifecycle of its assets through the implementation of a new fleet management system.

Geopolitical factors are driving crude volatility; however, increased supply risks are beginning to add weight to price structures.

Boris Johnson begins a visit to the United Arab Emirates and Saudi Arabia.