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US Drops 25 Oil and Gas Rigs This Week
Friday, January 18, 2019 This marks the third consecutive week of rig declines for the US.
US Drops Four Oil Rigs This Week
Friday, January 11, 2019 The US oil rig count dropped by four this week, while the country added four gas rigs, keeping the total rig count flat.
ConocoPhillips Contracts Rowan Jackup
Thursday, January 10, 2019 The ultra-harsh environment jackup rig boasts a maximum drilling depth of 35,000 feet.
Chesapeake to Cut Rigs to Reduce CAPEX in 2019
Thursday, January 10, 2019 The Oklahoma City-based E&P company is lowering its rig count by 20% in 2019.
US Drops Eight Oil Rigs This Week
Friday, January 04, 2019 US drillers drop eight rigs this week as crude prices advance.
Shell Extends Jackup Contract in Trinidad
Wednesday, January 02, 2019 Shell has extended its contract for the Rowan Gorilla VI jackup in Trinidad.
Transocean Lands $830MM Rig Contract with Chevron
Friday, December 28, 2018 Transocean has signed a rig design and construction management contract and a five-year drilling contract with Chevron.
US Adds Oil Rigs for Second Week in a Row
Friday, December 28, 2018 The US added two oil rigs this week, marking the second week of increases.
US Drillers Add 10 Oil Rigs This Week
Friday, December 21, 2018 This week's oil rig count has increased for the first time in three weeks.
Giant North Sea Discovery Progressing
Wednesday, December 19, 2018 Equinor reveals the latest progress on the Johan Sverdrup project.
Big Oil Reuses Platforms in Latest Cost-Cutting Trick
Thursday, November 15, 2018 Oil companies have pushed through draconian cost cuts during the recent industry slump, but they're not quite done yet.
US Adds 12 Oil Rigs This Week
Friday, November 09, 2018 The United States has added rigs four out of the last five weeks.
Frac Spread Tracker Shows Growth Spurt
Monday, October 22, 2018 Frac spread tracker talks frac pad trends.
Freeport-McMoRan Hires Rowan Jackup for GOM Work
Friday, October 19, 2018 Freeport-McMoran has hired a Rowan jackup for a one-well contract in the US Gulf of Mexico.
Tech Not Making Oil Qualifications Less Important
Thursday, October 04, 2018 Technology is not making oil and gas qualifications less important, according to Jason Urso, vice president and general manager at Honeywell.
Ecuador Postpones Esmeraldas Refinery Maintenance Until March
Tuesday, August 21, 2018 The outage had originally been scheduled to start in mid-August and last 54 days.
Baker Hughes: US Oil Drilling Rig Count Holds Steady This Week
Friday, August 17, 2018 US energy companies kept the oil rig count unchanged this week amid a steady decline in crude prices, which hit a near 2-month low earlier this week.
US Oil Drillers Cut Rigs for Second Week in Three -Baker Hughes
Friday, August 03, 2018 So far this year, the total number of oil and gas rigs active in the United States has averaged 1,010.
Texas to 'Shatter' Oil Production Records with Fewer Rigs and Workers
Friday, July 27, 2018 Economist Karr Ingham shares the mid-year results from the Texas Petro Index and production is doing well.
Baker Hughes: US Drillers Cut Rigs By Most Since March This Week
Friday, July 20, 2018 US energy companies this week cut oil rigs by the most in a week since March.
UPDATE: Norway Oil Workers And Employers Agree Deal, Strike Ends
Thursday, July 19, 2018 Owners of Norwegian oil rigs are considering imposing a lockout on workers as a high-stakes gamble to try to end a strike by almost 1,600 staff that began last week.
Tullow Oil To Shoulder Kosmos' $65MM Burden Over Ghana Rig Dispute
Wednesday, July 18, 2018 Tullow Oil has to cover nearly $65 million of costs linked to a canceled rig contract in Ghana.
Shell Seeks Semisub for Trinidad and Tobago Campaign
Monday, July 16, 2018 Shell plans to launch an offshore Trinidad and Tobago drilling campaign in 2019.
US Drillers Leave Oil Rig Count Unchanged -Baker Hughes
Friday, July 13, 2018 U.S. energy companies left the oil rig count unchanged this week as the rate of growth has slowed over the past month or so.
Equinor: Njord Bravo FSU Now Docked in Norway for Refurbishment
Monday, July 09, 2018 Equinor confirms that the Njord Bravo floating storage unit has now docked at Aibel's yard in Haugesund, Norway.
US Drillers Add Oil Rigs for First Week in Three -Baker Hughes
Friday, July 06, 2018 U.S. energy companies this week added oil rigs for the first time in three weeks but the rate of growth has slowed.
Baker Hughes: US Oil Drillers Cut Rigs For Second Week In A Row
Friday, June 29, 2018 US energy companies this week cut oil rigs for a second straight week.
Saudi Aramco Signs Deal To Make Onshore Oil Rigs, Equipment
Thursday, June 28, 2018 audi Aramco signed a deal with National Oilwell Varco Inc. (NOV) to form a joint venture.
Chevron Awards BHGE Contracts for Next Gorgon Phase
Tuesday, June 26, 2018 The new equipment will facilitate a second development phase within the Greater Gorgon area offshore northwestern Australia.
Baker Hughes: US Drillers Add Oil Rigs For Third Week In A Row
Friday, June 08, 2018 US energy companies added oil rigs for a third week in a row even though crude prices have declined about 8% over the past three weeks.
Baker Hughes: US Drillers Add Oil Rigs For Second Week In A Row
Friday, June 01, 2018 US energy companies added oil rigs for a second week in a row even though crude prices have declined.
Baker Hughes: US Drillers Add Most Rigs In Week And Month Since Feb
Friday, May 25, 2018 US energy companies added the most oil rigs in both a week and a month since February as drillers continued to return to the well pad.
Baker Hughes: US Oil Rig Count Holds Steady After Six Weeks Of Gains
Friday, May 18, 2018 The US oil rig count held steady this week after rising for 6 weeks in a row even as crude prices soar to multi-year highs.
Baker Hughes: US Drillers Add Oil Rigs For Sixth Consecutive Week
Friday, May 11, 2018 US energy companies added oil rigs for a sixth week in a row as crude prices continue to soar to multi-year highs.
Long Shutdown Casts Shadow Over Sale Of Moroccan Refinery
Thursday, May 10, 2018 Morocco's only refinery will find it tougher to find a buyer the longer it stays closed as equipment ages and qualified staff move away, industry sources say.
Baker Hughes: US Drillers Add Oil Rigs For Fifth Straight Week
Friday, May 04, 2018 US energy companies added oil rigs for a fifth week in a row as they follow through on plans to spend more on drilling this year.
Norway's Odfjell Drilling to Expand Fleet as Rig Market Recovers
Friday, April 20, 2018 Offshore rig firm Odfjell Drilling plans to expand its floating rig fleet to between six and 10 from four now, it said on Friday.
Explorers Crank Rig Count Higher as US Crude Supplies Dwindle
Friday, April 20, 2018 Oil explorers deployed more U.S. rigs this week as increasingly tight crude supplies pushed prices to their highest since 2014.
OGTC, ACE Launch New UAVs
Wednesday, April 18, 2018 The UK's Oil & Gas Technology Centre and Air Control Entech launch a set of new unmanned aerial vehicles.
TechnipFMC Bags Tortue/Ahmeyim FPSO FEED Contract
Monday, April 16, 2018 TechnipFMC secures a front-end engineering design (FEED) contract with BP plc for the floating production storage and offloading (FPSO) unit for the Tortue/Ahmeyim field development.
Sembcorp Nets Karish, Tanin FPSO Engineering Contract
Wednesday, March 28, 2018 Sembcorp secures contract for the engineering, procurement and construction of hull and living quarters for a newbuild Floating Production, Storage and Offloading vessel.
Microchip Lab, Zipped Pipeline Technology Gains Funding
Thursday, March 15, 2018 The UK's Oil and Gas Technology Centre reveals the first cohort of successful applicants for its TechX Pioneer accelerator program.
Iraq's Oil Ministry Calls For Investors For Anbar Refinery
Thursday, March 15, 2018 Iraq's oil ministry calls on companies to invest in a project to build a 70,000 barrel-per-day oil refinery in the western province of Anbar.
Baker Hughes: US Oil Rig Count Rises For Fifth Straight Week
Friday, February 23, 2018 US energy companies added one oil rig this week, the fifth weekly increase in a row, as oil prices hovered at two-week highs.
New Subsea Technology Could Generate Additional $4B From UKCS
Friday, February 09, 2018 Developing new subsea technology and approaches to field developments could help unlock 400 million additional barrels of oil and gas and generate $4.17 billion of additional value.
National Oilwell Varco Equipment Orders Rise, Loss Narrows
Tuesday, February 06, 2018 NOV said oilfield equipment orders rose to their highest in over two years last quarter as rising crude prices spurred U.S. drilling activity.
APAC Offshore Decommissioning Could Cost Over $100B
Thursday, February 01, 2018 Decommissioning Asia Pacific's offshore assets, comprising nearly 2,600 platforms and 35,000 wells, could cost over $100 billion.
Rystad Energy Reveals Nominees for Gullkronen 2018 Awards
Friday, January 26, 2018 Rystad Energy reveals the nominees for the tenth anniversary of the Gullkronen awards.
Frigid Blast to South Hits Refineries as Power Prices Spike
Wednesday, January 17, 2018 A blast of Arctic air pushing deep into the South hindered refinery operations in the region, sent natural gas prices soaring and drove electricity demand in Texas to a record high.
North Sea Fields Resume Production Following FPS Repair
Friday, January 12, 2018 The Bruce, Keith and Rhum fields resume production following the successful repair of the Forties Pipeline System.