Rigzone Industry News

Murphy Oil has named a replacement for David R. Looney, the Executive Vice President and Chief Financial Officer who is retiring.

Eco Atlantic Oil And Gas will be acquiring JHI Associates and with it its 17.5 percent working interest in the Canje Block offshore Guyana.

Geopolitical contexts are driving historical volatility in crude markets.

The market is waiting to see if Russian firms such as Surgutneftegas PJSC proceed with monthly sell tenders for ESPO crude this week.

Northern Ocean has made a decision to change the names of two of its rigs following agreements signed with Odfjell Drilling.

Velesto has won new work for six of its jack-up drilling rigs with Malaysian oil and gas giant Petronas.

The very acknowledgment of the war is an unusual step for the group's monthly report.

ExxonMobil has elected a new vice president of public and government affairs, effective April 1.

Oil soared past $100 per barrel for the first time in years last month after Russian forces escalated a conflict with Ukraine.

The market has been rattled.