Asia16 hours agoOperator capitalising on favourable pricing in rig marketValeura Energy has taken advantage of the “favourable pricing” in the rig market to secure a drilling unit on a…
Middle East17 hours agoOil prices plunge 11% after Iran says Strait of Hormuz is open for commercial vesselsThe S&P 500 and the Nasdaq both hit record highs. But questions remain about how the strait will be administered,…
Europe2 days agoNorway Pumps Near Capacity as Spare Output Buffer DisappearsNorway kept petroleum production near peak levels in March 2026—but the more important signal for oil markets is that the…
Australia2 days agoSantos: 2026 First Quarter ReportDisciplined financial performance Increased production of 22.5 mmboe, up 1 per cent on the prior quarter and 3 per cent…
Europe2 days agoUK Energy Sec Says North Sea Is an ‘Important Resource’In a speech made at the Good Growth Foundation’s National Growth Debate this week, UK Energy Secretary Ed Miliband said…
North America2 days agoInnovex Completes Acquisition of Drilling Innovative SolutionsFounded in 2013 by a team of industry experts, DIS has a proven track record of helping operators realize significant…
Africa2 days agoShell signs oil and gas exploration deal with Sierra LeoneShell has signed an agreement with the government of Sierra Leone to explore for oil and gas in its offshore…
South America2 days agoSaipem starts preliminary work on ExxonMobil project in GuyanaItalian energy services contractor Saipem has been awarded a new limited notice to proceed worth around $150m by ExxonMobil for…
Europe2 days agoWell-Safe Solutions awarded North Sea decommissioning scope for Forties FieldWell-Safe Solutions has been awarded a North Sea decommissioning scope in partnership with Apache North Sea Limited, commencing in 2026…
Asia2 days agoValeura Energy charters jackup for Thailand drilling campaignCanada-based Valeura Energy has chartered a jackup drilling rig for operations in the Gulf of Thailand. The company chartered the…