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ADNOC Announces $55B in New Project Awards
ADNOC stated that it is 'accelerating growth and delivery of its strategy' with AED 200 billion ($55 billion) in new project awards for 2026-2028.
8:00 PM EST | May 05, 2026
Halliburton Sees Signs of an Oil Rebound in North America
Halliburton Co. said it sees signs of a resurgence in oilfield activity in North America.
8:00 PM EST | April 20, 2026
Oil Contractors Face Profit Hits from War Fallout
Analysts have been cutting per-share profit forecasts for the three largest oilfield service companies since shortly after the conflict erupted in late February.
8:00 PM EST | April 19, 2026
Rystad Says Energy Repair Costs from War Could Hit $58B
'The scope of damage has expanded materially,' Rystad Energy warned.
8:00 PM EST | April 15, 2026
Technip Energies Adds to Spate of Deals with $1B+ Contract
Technip Energies announced that it has been awarded a 'major' contract by QatarEnergy.
7:00 PM EST | February 24, 2026
Oil Servicers Look to Middle East for Growth
The world's largest oilfield-service providers are looking to production increases in the Middle East to help offset a slowdown in U.S. shale.
7:00 PM EST | February 07, 2026
BP, KOC Sign ETSA Extension
The agreement 'paves the way for both companies to collaboratively progress Kuwait's most strategic asset fields'.
7:00 PM EST | February 05, 2026
ADNOC, TAQA Pen 27 Year TA'ZIZ Deal
The agreement 'marks a significant milestone in the development of the TA'ZIZ ecosystem'.
7:00 PM EST | February 03, 2026
Equinor Dishes Out Supplier Agreements Worth $10B
'These agreements lay the foundation for safe and competitive operations at Equinor's offshore installations and onshore plants in the years to come', Equinor said.
7:00 PM EST | January 08, 2026
Saipem Bags Deals Worth More Than $4B Over Festive Period
Saipem bagged deals worth more than $4 billion over the final part of December, releases sent to Rigzone by the company from December 21 to December 31 showed.
7:00 PM EST | January 01, 2026
Dallas Fed Energy Survey Shows Oil and Gas Activity Decline
Rigzone takes a look at the fourth quarter Dallas Fed Energy Survey.
7:00 PM EST | December 18, 2025
ITT Agrees to Buy Lone Star's SPX Flow in $4.8B Deal
ITT Inc. has agreed to acquire industrial equipment manufacturer SPX Flow Inc. from Lone Star Funds.
7:00 PM EST | December 04, 2025
USA Data Center Electricity Demand Projected to Triple
The IEA described U.S. data center electricity demand as the closest proxy available for the energy consumption of artificial intelligence.
7:00 PM EST | November 26, 2025
Aramco Makes 17 Deals with 'Major' USA Cos Worth $30B+
'Since the 1930s, U.S. firms have played a major role in supporting the company's success,' Aramco President and CEO Amin H. Nasser said.
7:00 PM EST | November 24, 2025
Sister Companies MODEC America, SOFEC Merge
Modec is combining its wholly owned companies MODEC America and SOFEC to create an integrated mooring solutions business.
7:00 PM EST | November 11, 2025
Saipem Believes It Is Approaching 'Turning Point' in Offshore Drilling
'We expect to see a significant ramp-up in demand from the second half of 2026 onwards', Saipem CEO and General Manager Alessandro Puliti said.
7:00 PM EST | November 02, 2025
Baker Hughes Wins New Aramco Drilling Services Contract
Baker Hughes signed an agreement with Aramco expanding its integrated underbalanced coiled tubing drilling operations across Saudi Arabia's natural gas fields.
8:00 PM EST | October 27, 2025
Halliburton CEO 'Pleased' with Q3 Performance
In Halliburton's third quarter results statement, Halliburton Chairman, President, and CEO Jeff Miller said he is 'pleased' with the company's third quarter performance.
8:00 PM EST | October 21, 2025
100+ Energy Supply Chain Cos Call for EPL Reform
More than 100 UK energy supply chain companies have called for Energy Profits Levy reform, industry body Offshore Energies UK announced.
8:00 PM EST | October 14, 2025
DeepOcean Awarded SIMOPRO Contract by Equinor
A SIMOPRO operation refers to a complex offshore job where marine construction or installation activities are carried out while an offshore facility is producing hydrocarbons.
8:00 PM EST | October 03, 2025
Nabors to Provide PACE-X Rig to Caturus Energy
The PACE-X Ultra X33 rig is designed to deliver more power in the 'toughest drilling environments'.
8:00 PM EST | September 29, 2025
SLB Scores Brazilian Ultra-Deepwater Contract from Petrobras
SLB secured a significant contract from Petrobras to provide services and technology for up to 35 ultra-deepwater wells in the Santos Basin.
8:00 PM EST | September 29, 2025
Seatrium, Cochin Shipyard Pen Cooperation Agreement
'This MoU is a strategic milestone in Seatrium's efforts to expand our global footprint across Asia, with India identified as a key market for long-term growth'.
8:00 PM EST | September 29, 2025
DOF Secures More Work in South America from Petrobras and TotalEnergies
DOF Group secured three new contracts and an extension in South America from Petrobras and TotalEnergies respectively.
8:00 PM EST | September 28, 2025
Petrofac Secures Two Contract Extensions for North Sea Assets
The contract extensions were with Ithaca Energy and Shell UK-operated venture ONEgas West.
8:00 PM EST | September 25, 2025
TechnipFMC Secures New Significant Contract from Petrobras
TechnipFMC will design, engineer, and manufacture subsea production systems to be deployed in greenfield developments, brownfield expansions, and asset revitalizations across Petrobras' portfolio.
8:00 PM EST | September 24, 2025
Baker Hughes Extends Stimulation Vessels Deal with Petrobras
The vessels support the optimization of offshore oil and gas production in Brazil's post and pre-salt fields.
8:00 PM EST | September 21, 2025
Subsea7 Awarded Contracts in Saudi Arabia, Taiwan
'This project marks another important milestone and reinforces our long-term strategic engagement with Aramco'.
8:00 PM EST | September 17, 2025
Vallourec Awarded OCTG Contract by Petrobras
The long-term agreement has the potential to generate total revenue of up to $1 billion.
8:00 PM EST | September 14, 2025
Baker Hughes Secures Subsea Contract for Sakarya Gas Field
Baker Hughes bagged a Turkish contract to supply subsea production and intelligent completion systems for the strategic Sakarya Gas Field Phase 3 project.
8:00 PM EST | September 14, 2025
TenEx Technologies Joins Chevron Catalyst Program
'The Catalyst Program provides TenEx with the framework to bring our breakthrough technologies to market faster'.
8:00 PM EST | September 13, 2025
Saipem Bags $1.5B Offshore Contract
'With the signing of this new contract, the company further consolidates its presence in Turkiye', Saipem said.
8:00 PM EST | September 11, 2025
Perenco UK Starts Southern North Sea Decommissioning Works
Petrodec's Obana heavy-lift jack-up vessel will be deployed to Galahad, then to Amethyst.
8:00 PM EST | September 09, 2025
Oceaneering Awarded Contracts by Equinor
Oceaneering Asset Integrity entered into a framework agreement with Equinor for fabric maintenance services and awarded a extension on its existing framework agreement for maintenance engineering services.
8:00 PM EST | September 07, 2025
Wison Signs EPCIC Contract for Sakarya Gas Project Offshore Turkiye
The floating production unit will be designed with a gas export rate of 883 million standard cubic feet per day.
8:00 PM EST | September 04, 2025
BW Offshore Signs HoA with Equinor for Bay Du Nord FPSO
'This HoA follows a constructive and close dialogue with Equinor since late 2023 and highlights our commitment to bringing substantial value to the Bay du Nord project'.
8:00 PM EST | September 03, 2025
Trican Closes Acquisition of Tubing Services Firm Iron Horse
Iron Horse operates primarily in the Cardium, Charlie Lake, Mannville Stack, Viking, Montney and Shaunavon plays in the Western Canadian Sedimentary Basin.
8:00 PM EST | September 01, 2025
Seadrill, Sonangol JV Secures Two Jobs in Angola
Sonadrill's new drilling contracts in Agnola are expected to start as early as this year.
8:00 PM EST | August 27, 2025
Blackline Receives First Purchase Order from ADNOC
The initial order includes around 1,000 G6 wearable single-gas detectors and 1,200 Blackline location beacons.
8:00 PM EST | August 25, 2025
Nabors Sells Downhole Tubulars Subsidiary Quail to Superior Energy
The transaction includes a preferred supplier agreement under which Superior will be the preferred supplier of rental drill pipe and related products to Nabors.
8:00 PM EST | August 25, 2025
Helix Awarded Well Abandonment Service Contract by Major Operator
The contract, starting in 2026, includes a minimum commitment of vessel utilization, split over three years.
8:00 PM EST | August 24, 2025
Halliburton to Provide Well Stimulation Services for ConocoPhillips
The contract spans five years and includes three optional extension periods.
8:00 PM EST | August 17, 2025
Valmet Signs Agreement to Supply Petrobras with Spare Parts
'This agreement reinforces Petrobras' trust in Valmet's ability to deliver reliable, high-performance valve solutions and strengthens our presence in the oil and gas segment in the region'.
8:00 PM EST | August 15, 2025
Green Solutions Firm to Build Facility in Saudi Arabia for O&G Sector
The facility is targeted at producing environmentally responsible chemical products tailored for the oil services industry across the MENA and Gulf Cooperation Council regions.
8:00 PM EST | August 13, 2025
KBR Wins FEED Contract for Indonesia's Abadi LNG Project
The Abadi LNG project is expected to have peak production capacity targets of 9.5 million tons per annum of LNG and 150 million standard cubic feet per day of pipeline gas.
8:00 PM EST | August 12, 2025
Aris Extends Water Gathering, Disposal Deal with ConocoPhillips
'This extension represents a significant milestone for Aris - lengthening the acreage-weighted remaining term of our produced water contracts from approximately six years to over 10 years'.
8:00 PM EST | August 02, 2025
Baker Hughes to Buy Chart in $13.6B Deal
'This acquisition is a milestone for Baker Hughes', Baker Hughes Chairman and CEO Lorenzo Simonelli said.
8:00 PM EST | July 29, 2025
Trendsetter Bags Contract from Major US Gulf Operator
Trendsetter said the contract represents a major milestone as it comes shortly after the company expanded into the subsea tree market.
8:00 PM EST | July 26, 2025
Halliburton CEO Warns of 'Softer' OFS Market
'What I see tells me the oilfield services market will be softer than I previously expected over the short to medium term', Halliburton Chairman, President, and CEO Jeff Miller said.
8:00 PM EST | July 23, 2025
Subsea7 Wins Contracts Offshore Norway, Egypt
The company was awarded two contracts offshore Norway and one offshore Egypt.
8:00 PM EST | July 21, 2025