Rigzone·May 11·1 min read
North America Adds Rigs Again
North America's rig count increased by two rigs week-on-week, as reported by Baker Hughes. This slight increase suggests a potential, albeit small, uptick in drilling activity in the region.
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Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Enbridge Beats Profit Estimates
Enbridge surpassed profit expectations due to strong performance in its gas operations, which compensated for weaker results in its liquids pipelines segment. T
Rigzone·May 11
Odfjell lands Magnus platform drilling contract from EnQuest
Odfjell Technology has been awarded a platform drilling contract by EnQuest for operations on the Magnus platform in the UK North Sea. This contract signifies c
Offshore Technology·May 11
Perenco Raises Oil Production Capacity in Congo-Brazzaville
Perenco Congo is undertaking a new five-well drilling campaign in the Masseko field, Congo-Brazzaville, with the aim of boosting production and exploring a new
Rigzone·May 11
Texas Oil Regulator Praises Record Port Activity, Rising Output
Texas Railroad Commissioner Wayne Christian highlighted the importance of Texas oil and gas production amid geopolitical tensions in Iran, emphasizing the state
Rigzone·May 11
Siemens Energy delivers all transformers for first UK-Germany energy link
Offshore Energy
Crude spikes as Trump dismisses Iran reply, Hormuz bottleneck persists
Offshore Technology
Conrad awards SURF contract for Mako field to Timas Suplindo
Offshore Technology
$30 billion mega gas project set to enrich Australia’s countrywide GDP by $98.7 billion
Offshore Energy
Global Coal Demand Surges as Middle East Energy Crisis Deepens
OilPrice
Oil Traders Adding Back Supply Risk Premium
Rigzone
Seadrill’s new rig deals of over $860 million lift total backlog to $3.1 billion
Offshore EnergyTotalEnergies SE
Aramco Q1 income rises 25% amid CEO’s warning on oil supply
Offshore Technology
Aramco Raises Profit as Production Remains Stable despite Crisis
Rigzone
Modi Urges Indians to Conserve Fuel as Oil Shock Spreads
OilPrice