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      Saipem awarded new Offshore Drilling contracts totalling over 200 million USD

      Saipem has been awarded new contracts in Offshore Drilling in Norway and Middle East totalling over 200 million USD. One contract was signed with the...

      MURPHY OIL CORPORATION ANNOUNCES $250 MILLION ACCELERATED SHARE REPURCHASE TRANSACTION

      Murphy Oil Corporation announced that it has entered into a variable term, capped accelerated share repurchase transaction (the "ASR") with Wells Fargo Bank, National...

      Equinor Energy concludes drilling of wildcat well 7132/2-2

      Equinor Energy AS, operator of production licence 857, has concluded the drilling of wildcat well 7132/2-2. The well was drilled about 175 kilometres north...

      Total launches full-field production on Kaombo with the start-up of the second FPSO

      Total has started up production on Kaombo Sul, the second Floating Production Storage and Offloading (FPSO) unit of the Kaombo project, located on Block...

      Saudi Aramco and McDermott sign lease agreement to establish engineering, procurement, construction, and installation facility in Saudi Arabia

      Saudi Aramco signed a land lease agreement with McDermott Arabia Company, Ltd., a wholly-owned subsidiary of McDermott International, Inc. , to grant McDermott a...

      ExxonMobil to increase, accelerate Permian output to 1 million barrels per day by 2024

      ExxonMobil said it has revised its Permian Basin growth plans to produce more than 1 million oil-equivalent barrels per day by as early as...

      PetroRio operator of Frade field in Northern Campos basin of Brazil

      PetroRio SA is now operator of Frade field, a heavy oil and gas field in Brazil’s Northern Campos basin, following the close of its...

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