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Operator capitalising on favourable pricing in rig market
Asia

Operator capitalising on favourable pricing in rig market

Valeura Energy has taken advantage of the “favourable pricing” in the rig market to secure a drilling unit on a…
Strait-of-Hormuz,-Iran
Middle East

Oil prices plunge 11% after Iran says Strait of Hormuz is open for commercial vessels

The S&P 500 and the Nasdaq both hit record highs. But questions remain about how the strait will be administered,…
Europe

Norway Pumps Near Capacity as Spare Output Buffer Disappears

Norway kept petroleum production near peak levels in March 2026—but the more important signal for oil markets is that the…
Santos
Australia

Santos: 2026 First Quarter Report

Disciplined financial performance Increased production of 22.5 mmboe, up 1 per cent on the prior quarter and 3 per cent…
north-sea-field
Europe

UK 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…
Innovex Completes Acquisition of Drilling Innovative Solutions
North America

Innovex Completes Acquisition of Drilling Innovative Solutions

Founded in 2013 by a team of industry experts, DIS has a proven track record of helping operators realize significant…
shell
Africa

Shell signs oil and gas exploration deal with Sierra Leone

Shell has signed an agreement with the government of Sierra Leone to explore for oil and gas in its offshore…
Saipem starts preliminary work on ExxonMobil project in Guyana
South America

Saipem starts preliminary work on ExxonMobil project in Guyana

Italian energy services contractor Saipem has been awarded a new limited notice to proceed worth around $150m by ExxonMobil for…
Well-Safe-Solutions-awarded-North-Sea-decommissioning-scope-for-Forties-Field
Europe

Well-Safe Solutions awarded North Sea decommissioning scope for Forties Field

Well-Safe Solutions has been awarded a North Sea decommissioning scope in partnership with Apache North Sea Limited, commencing in 2026…
Valeura Energy charters jackup for Thailand drilling campaign
Asia

Valeura Energy charters jackup for Thailand drilling campaign

Canada-based Valeura Energy has chartered a jackup drilling rig for operations in the Gulf of Thailand. The company chartered the…

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