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Results 50 articles shown
Borr Drilling Ups Backlog by $21MM
Tuesday, August 04, 2020Borr Drilling has entered into a new contract and letters of intent for three of its currently warm-stacked rigs.
Neptune Makes Largest 2020 Norway Discovery
Tuesday, August 04, 2020Neptune Energy has announced the commercial discovery of oil at the Dugong well in the Norwegian sector of the North Sea.
Stena Drilling Fleet Undergoes Upgrade
Tuesday, August 04, 2020Above is a drone shot of the Stena IceMAX drillship. PHOTO SOURCE: Stena Drilling
Land Rig Uptick Could Emerge Next Year
Monday, August 03, 2020Here is a preview of what to watch this week in the oil and gas markets.
Baker Hughes Reports Flat US Rig Count
Friday, July 31, 2020The number of rotary drilling rigs operating in the United States stood at 251 for the second week in a row, Baker Hughes Co. reported.
Offshore Drilling Contractor Files Chapter 11
Friday, July 31, 2020Noble Corp. plans to cut more than $3.4 billion of debt.
Murphy Contracts Drillship for 10 GOM Wells
Thursday, July 30, 2020Pacific Drilling has won a contract from Murphy Oil Corp.
Apache and Total Strike Oil Offshore Suriname
Thursday, July 30, 2020Apache Corp. and Total S.A. Wednesday afternoon reported a major oil discovery in Block 58 offshore Suriname.
Majors Make New Gas Discovery
Wednesday, July 29, 2020Eni, Total and BP have made a new gas discovery at the Bashrush well on the North El Hammad license offshore Egypt.
Baker Hughes Posts Smaller US Rig Count Drop
Friday, July 24, 2020The number of rotary drilling rigs operating in the United States fell to 251 this week, Baker Hughes Co. reported Friday.
Frac is Back
Friday, July 24, 2020U.S. fracking is set for its first monthly rise this year, according to a new Rystad Energy analysis.
Gazprom Neft and Shell to Launch JV
Thursday, July 23, 2020Gazprom Neft and Shell have signed an agreement to establish a joint venture to study and develop the Leskinsky and Pukhutsyayakhsky license blocks on the Gydan Peninsula.
UK Oil at Odds with Gov on Mass Covid Testing
Wednesday, July 22, 2020The UK oil and gas industry says blanket testing of its workers is essential to avoid Covid-19 outbreaks offshore.
Baker Hughes Posts Lower US Rig Count
Friday, July 17, 2020The U.S. rotary rig count fell by five over the past week.
MOL Makes Significant Find
Friday, July 17, 2020Here are some of Rigzone's top stories during the last week, just in case you missed them...
Var Energi Resuming NCS Drilling Activity
Friday, July 17, 2020Var Energi AS will resume drilling in the Barents and North Sea after postponing activity in spring due to the pandemic and oil price collapse.
Petronas Awards Contract Tied to Suriname Well
Friday, July 17, 2020The above image shows a pipe move operation. PHOTO SOURCE: Ramps Logistics
Drilled Well Count Set to Hit 20-year Low
Thursday, July 16, 2020A Rystad Energy analysis projects the number of oil and gas wells drilled globally will approach 55,350 this year.
Weatherford Signs 20-well Iraq Contract
Tuesday, July 14, 2020Weatherford International reported late Monday that it has signed an 18-month contract with Iraqi Drilling Co. (IDC).
MOL Discovers Significant Reserves in Pakistan
Tuesday, July 14, 2020MOL revealed Tuesday that it has discovered 'significant' gas and condensate reserves in Pakistan.
ExxonMobil Resumes Guyana Drilling
Monday, July 13, 2020Two of Exxon's four drillships went back to work, according to data published Friday by Baker Hughes Co.
Baker Hughes Shows Mixed Rig Counts
Friday, July 10, 2020The number of rotary rigs operating in the U.S. decreased over the past week but increased in Canada, Baker Hughes Co. reported Friday.
Weatherford Secures Four-year Eni Contract
Friday, July 10, 2020Weatherford International has signed an exclusive four-year contract with Eni for downhole casing isolation valves.
7 Killed in BRVS Explosion
Thursday, July 09, 2020An explosion has occurred at the Gbetiokun field in OML 40, the Nigerian National Petroleum Corporation has confirmed.
Equinor Makes North Sea Discovery
Wednesday, July 08, 2020Equinor has discovered gas and condensate in the Norwegian section of the North Sea.
Equinor Contracts Odfjell Rig for Up to 17 Wells
Wednesday, July 08, 2020Odfjell's Deepsea Atlantic semi-sub, above, will return to Johan Sverdrup. Photo by Marit Hommedal. PHOTO SOURCE: Equinor ASA
Neptune Makes North Sea Discovery
Monday, July 06, 2020Neptune Energy has announced the discovery of hydrocarbons at the Dugong well.
Baker Hughes Rig Count Shows US Decrease
Friday, July 03, 2020Baker Hughes Co. reported Thursday that the U.S. rotary rig count decreased by two drilling units this week.
Total Sends Odfjell Rig to South Africa
Friday, July 03, 2020Total SA has deployed a rig to South Africa to look for more oil near a massive discovery. PHOTO SOURCE: Odfjell Drilling Ltd.
Conoco Turning on the Taps
Friday, July 03, 2020Here are some of Rigzone's top stories during the last week, just in case you missed them...
180-day Eni Contract Goes to Vantage
Thursday, July 02, 2020Eni Montenegro BV is contracting the Topaz Driller premium jack-up rig from Vantage Drilling International offshore Montenegro for 180 days.
Maersk Drilling Wins Suriname Contract from Petronas
Thursday, July 02, 2020The Maersk Developer, above, will be Maersk Drilling’s first rig to operate offshore Suriname. PHOTO SOURCE: Maersk Drilling
Work Started on Gazprom Ice Resistant Platform
Wednesday, July 01, 2020The construction of an ice resistant platform for Gazprom's Kamennomysskoye-Sea field on the Arctic shelf has begun.
Eni Makes New Gas Discovery Offshore Egypt
Wednesday, July 01, 2020Eni has made a new gas discovery in the Mediterranean Sea offshore Egypt.
CNOOC Makes Significant New Discovery
Tuesday, June 30, 2020CNOOC Limited has made a 'significant' discovery in the eastern south China sea.
US Rig Count Drops Again
Monday, June 29, 2020The U.S. dropped another rig last week, Baker Hughes' rotary rig count shows.
How The Oil Price Crash Changed Upstream
Thursday, June 25, 2020The latest oil price crash, which Wood Mackenzie has dubbed the worst in history, has changed the upstream sector.
Aberdeen Services Firm Completes Biggest Project
Wednesday, June 24, 2020Aberdeen based remote inspection specialist AISUS Offshore revealed Wednesday that it has completed its largest project to date.
Allseas Removes 17K Ton North Sea Shell Platform
Tuesday, June 23, 2020Shell's 17,000 ton Brent Alpha platform in the North Sea has now been removed.
Keppel, Awilco at Odds on Nordic Winter Contract
Tuesday, June 23, 2020Awilco terminated the newbuild contract for the construction of a semi-submersible rig because of contract breaches.
Offshore Australia Well Management Contract Goes to AGR
Tuesday, June 23, 2020AGR's Andy Perhard, above, said the firm will seek potential rig-sharing deals. PHOTO SOURCE: AGR
US Rig Count Down 701 From Last Year
Monday, June 22, 2020Oil exploration declined for a 14th straight week.
Continental Switching Gears on Production Curtailments
Monday, June 22, 2020But the comeback will be gradual.
Petrobel Terminates Trident 16 Rig Contract
Monday, June 22, 2020Shelf Drilling has been hit with another early termination notice.
Petrodec Achieves Decommissioning Milestone
Friday, June 19, 2020The ability to use one vessel, instead of a drilling rig and heavy lift vessel, is an industry first.
Decom North Sea in Brunei Agreement
Thursday, June 18, 2020The UK's Decom North Sea organization has announced the creation of a new agreement.
Saudi Arabia Idles Rigs as Pandemic Erodes Oil Demand
Wednesday, June 17, 2020The world's biggest oil exporter is idling two offshore drilling rigs as the coronavirus batters energy use.
Saudi Aramco Suspends Ops for High Island IV Rig
Tuesday, June 16, 2020The original contract start date was February 2020 and was set to run through February 2030.
Neodrill, Baker Hughes Hit Wintershall Dea Norge Milestone
Tuesday, June 16, 2020The duo performed the world's first cut and recover operation for Wintershall Dea Norge in the Norwegian Sea.
US Down 690 Rigs Year on Year
Monday, June 15, 2020The US rig count is down 5 rigs from the previous week to 279.