Results 50 articles shown
North America Loses Rigs for 10 Straight Weeks
North America cut 12 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | May 12, 2025
Chevron Reveals Q1 Net Oil Equivalent Production Level
'U.S. net oil-equivalent production was up 63,000 barrels per day from a year earlier', Chevron noted.
8:00 PM EST | May 08, 2025
Karoon Closes Acquisition of Bauna FPSO Offshore Brazil
'This will enhance our ability to manage operational performance and reduce long-term operating costs'.
8:00 PM EST | May 05, 2025
Woodfibre LNG to Add 900 Staff, Applies for Second Housing Floatel
The application seeks regulatory approval to moor a second floatel adjacent to the current floatel, the MV Isabelle X, to add approximately 900 employees to the construction project.
8:00 PM EST | May 05, 2025
North America Loses Rigs for 9 Straight Weeks
North America dropped 11 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | May 05, 2025
How Much Oil and Gas Did ExxonMobil Produce in Q1?
In its first quarter 2025 results statement, ExxonMobil revealed its oil and gas production figures for the first quarter of this year.
8:00 PM EST | May 05, 2025
North America Loses Rigs for 8 Straight Weeks
The total North America rig count stands at 715, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | April 28, 2025
EnQuest Wins Bidding for 2 PSCs in Indonesia
EnQuest said the award marks its entry into Indonesia, 'a country that offers a broad range of growth opportunities that span the full upstream lifecycle'.
8:00 PM EST | April 26, 2025
Hydrocarbons Discovered at Offshore Namibia Well
BP and Eni confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia's Orange Basin.
8:00 PM EST | April 24, 2025
Trade War Is Diverting USA Petroleum Gas Cargoes Away From China
The diversions show the disruption to supply chains caused by the trade fight between the U.S. and China.
8:00 PM EST | April 24, 2025
Energy Security is National Security, OEUK Says
'We believe it is important for the offshore energy industry to take seriously the need for optimum security', said Mark Wilson, OEUK's director of health, safety, environment, and operations.
8:00 PM EST | April 23, 2025
How Much Oil is the USA Producing Right Now?
Just how much crude oil is the U.S. producing at the moment?
8:00 PM EST | April 22, 2025
USA DOI Announces 11th OCS Oil and Gas Leasing Program
'Launching the process to develop the 11th national outer continental shelf program marks a decisive step toward securing American energy dominance', Secretary of the Interior Doug Burgum said.
8:00 PM EST | April 21, 2025
China Owned Supertankers Face $5.2MM in Fees Per USA Call
Made in China oil supertankers are set to be slapped with more hefty charges under America's latest proposal to penalize ships manufactured in the Asian nation.
8:00 PM EST | April 21, 2025
North America Loses Rigs for 7 Straight Weeks
North America dropped two rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | April 20, 2025
Equinor Halts Construction of NY Wind Project
Empire received a notice from the Bureau of Ocean Energy Management (BOEM) ordering the company to halt all activities on the outer continental shelf until the agency completed its review.
8:00 PM EST | April 19, 2025
Trump Moves to Levy Chinese Vessels in Widening Trade War
The Trump administration took steps to impose levies on Chinese vessels docking at U.S. ports.
8:00 PM EST | April 17, 2025
UK Industry Body Invites Public to Join Live Debates
'These debates offer a valuable opportunity to ask questions, hear diverse viewpoints, and engage directly with those influencing the country's energy landscape', OEUK said.
8:00 PM EST | April 17, 2025
TGS Expands its Mauritania 3D Seismic Library
Energy data and intelligence provider TGS has expanded its multi-client data library offshore Mauritania.
8:00 PM EST | April 16, 2025
United Oil Secures Two-Year Extension for Jamaican Asset
United said it has resumed talks with selected parties who had previously expressed interest before the farm-out process was suspended in December 2024.
8:00 PM EST | April 16, 2025
DOI Announces 'Significant Increase' in Estimated Gulf OCS O&G Reserves
The U.S. Department of the Interior announced a 'significant increase in estimated oil and gas reserves in the Gulf of America Outer Continental Shelf'.
8:00 PM EST | April 15, 2025
BP Announces Oil Find in Deepwater US Gulf
BP announced 'an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America'.
8:00 PM EST | April 14, 2025
North America Loses Rigs for 6 Straight Weeks
North America cut 22 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | April 13, 2025
Perenco Completes CCS Injection Test in UK North Sea
The test involved the injection of CO2 into a depleted natural gas reservoir in the UK's Southern North Sea.
8:00 PM EST | April 13, 2025
North America Keeps Rig Loss Streak Going
North America cut 12 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | April 07, 2025
BW Energy Extends License for Golfinho Offshore Brazil
The production phase under the Golfinho concession contract has been extended to 2042 from 2031.
8:00 PM EST | April 05, 2025
District Judge's Gulf Ruling Has Major Implications on Future Lease Sales
'It means that environmental groups can bring lawsuits against the Interior Department just because they don't agree with a certain aspect of their environmental impact statement', Ellen R. Wald, the President of Transversal Consulting, told Rigzone.
8:00 PM EST | April 02, 2025
SLB Announces Major Drilling Contract
SLB announced that it has been awarded a major drilling contract by Australian independent Woodside Energy for its ultra-deepwater Trion development.
8:00 PM EST | April 01, 2025
USA DOI Generates $39MM from 1Q 2025 Oil, Gas Lease Sales
'This quarter's lease sales demonstrate Interior's unwavering commitment to fostering American energy dominance', Department of the Interior Secretary Doug Burgum said.
8:00 PM EST | March 31, 2025
North America Extends Rig Loss Streak
The total U.S. rig count decreased by one week on week and the total Canada rig count decreased by 17 during the same period, Baker Hughes' latest North America rotary rig count outlined.
8:00 PM EST | March 30, 2025
MODEC Signs Contract for Shell FPSO in Brazil
MODEC will be responsible for the design of the hull and all related topside facilities for the FPSO.
8:00 PM EST | March 29, 2025
BP Advances Gas Development in Trinidad and Tobago
Ginger will become bpTT's fourth subsea project and will include four subsea wells and subsea trees tied back to bpTT's existing Mahogany B platform.
8:00 PM EST | March 29, 2025
Repsol, NEO Announce New Joint Venture
'This combination will create a jointly governed business which will call upon the key strengths of both shareholders', Francisco Gea, CEO of Repsol E&P, said.
8:00 PM EST | March 27, 2025
Judge Rules Against Sale of Gulf of Mexico Oil Drilling Rights
A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf of Mexico.
8:00 PM EST | March 27, 2025
Rubio Warns Venezuela Against Attacking Guyana, Exxon
Rubio spoke less than a month after a Venezuelan patrol ship entered Guyanese waters and positioned itself near a vessel contracted by Exxon.
8:00 PM EST | March 27, 2025
NSTA Expects UK Crude Oil Output to Continue Dropping in 2025
UK crude oil production is projected to average 0.53 million barrels per day in 2025 in the NSTA's updated output forecasts.
8:00 PM EST | March 26, 2025
DNO Announces 'Important' Oil, Gas Discovery in North Sea
'We are on a hot streak in Norway', DNO Executive Chairman Bijan Mossavar-Rahmani said.
8:00 PM EST | March 26, 2025
AccuWeather Predicting Potentially Volatile Atlantic Hurricane Season
'Everyone needs to start planning and preparing for hurricane season', AccuWeather Chief Meteorologist Jonathan Porter said.
8:00 PM EST | March 26, 2025
USA Says Black Sea Truce Agreed Even as Russia Lays Out Terms
The US said Russia and Ukraine agreed to a ceasefire in the Black Sea.
8:00 PM EST | March 25, 2025
OEUK: 50 Pct of Oil, Gas UK is Projected to Need by 2050 Could Come from UK
'The future of the North Sea is in our hands', OEUK Chief Executive David Whitehouse said.
8:00 PM EST | March 24, 2025
North America Loses More Rigs Week on Week
North America cut 18 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | March 23, 2025
Jadestone Submits Field Development Plan for Vietnam Assets
The Nam Du and U Minh fields are located offshore southwest Vietnam in shallow waters of 164 to 197 feet (50 to 60 meters).
8:00 PM EST | March 22, 2025
EIA Raises USA Crude Oil Production Forecast
The U.S. Energy Information Administration raised its U.S. crude oil production forecast for 2025 and 2026 in its latest short term energy outlook.
8:00 PM EST | March 18, 2025
ADNOC Drilling Says it is Set to Enhance its Operational Capacity in 2025
The company projected a rig count of over 148 by 2026 and more than 151 by 2028.
8:00 PM EST | March 18, 2025
Offshore Achievement Award Winners Announced
'Each winner has demonstrated exceptional leadership and innovation that will undoubtedly inspire others', Graham Dallas, Chair of the Offshore Achievement Awards Committee, said.
8:00 PM EST | March 17, 2025
North America Cuts 35 Rigs Week on Week
North America dropped 35 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | March 16, 2025
Var Energi's Jotun FPSO Heads for North Sea for Balder X Project
The Balder X project is on track for the start of production by the end of the second quarter, the company said.
8:00 PM EST | March 15, 2025
FIRST-NNPC JV Confirms Significant Hydrocarbon Discovery
'Preliminary analysis indicates substantial oil and gas volumes', a statement posted on FIRST E&P's website said.
8:00 PM EST | March 13, 2025
Venterra Highlights 'Essential Role' of UXO Mitigation in Offshore Wind
'An estimated 500,000 items, equating to 100,000 tons of UXO, lie on the seabed surrounding Great Britain alone', UK-based Venterra Group plc said.
8:00 PM EST | March 12, 2025
Aberdeen Headquartered Company Confirms Intention to Reduce Jobs
'The knock-on effects of the Energy Profits Levy have seen spend delayed on decommissioning across the industry, which is affecting both our rig and engineering activity'.
8:00 PM EST | March 11, 2025