Singapore’s Seatrium has secured a repeat equipment and licensing contract from International Maritime Industries (IMI) shipyard for a LeTourneau jackup drill, the company said on Wednesday.
Kinder Morgan Inc has announced adjusted earnings per share (EPS) guidance of $1.37 for 2026, with the North American pipeline operator encouraged by growth in the liquefied natural gas (LNG) and power sectors.
Eni announced, in a statement sent to Rigzone recently, a “significant gas discovery” in the Konta-1 exploration well off the coast of East Kalimantan in Indonesia.
Oil futures erased earlier declines after US forces intercepted and seized a sanctioned oil tanker off the coast of Venezuela, a move that marks a major escalation of tensions between the two countries.
CNOOC Ltd has started production in the Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development Project in the Beibu Gulf Basin of the South China Sea
Shell Plc is planning to dissolve a partnership with Russia’s Rosneft PJSC through which the two oil giants jointly own a stake in a pipeline from Kazakhstan
Naftogaz Group has secured a fresh UAH 5 billion ($118.82 million) loan from local bank JSC CB PrivatBank to procure more natural gas for Ukraine.
Nigeria’s state oil firm NNPC and local producer Heirs Energies have signed a deal to capture and use the gas flared at their onshore OML 17 joint venture in a bid to monetize the resource and reduce flaring
China has accelerated purchases of Saudi crude oil for January to the highest volumes in five months, after the world’s top crude exporter slashed its official selling prices for Asia to the lowest premium over benchmarks in five years. Chinese refiners have nominated almost 50 million barrels in total of Saudi crude volumes for January […]
The state of Victoria is tendering gas exploration licenses for the first time since 2018 in a bid to avoid a shortage, despite efforts to reduce the consumption of hydrocarbons. In an announcement on its website, the state government invited bids for permits in two areas, the Otway Basin and the Gippsland Basin. “Applications for the offshore […]