
Baker Hughes’ rig count report: The number of offshore rigs in the U.S. dropped for the third week in a row, slipping to 12 units last week.

The international offshore rig count recorded an increase of ten units in January 2023 compared to December last year, according to the latest rig count report from Baker Hughes. The international rig count is up 60 rigs from last year’s count of 841, with offshore rigs up 31 and onshore rigs up 29.

Canada’s oil and gas player Trillion Energy has kicked off its 3D seismic reprocessing project for a natural gas field in the Black Sea offshore Türkiye

Equinor has a court fight on its hands this week regarding the development of its controversial Bay du Nord offshore oil project located in Canada.

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the U.S. took a tumble last week and fell by 3 more units.

Houston-based oil and gas company Murphy Oil is working on progressing its 2023 drilling campaign in the Gulf of Mexico.

Hess Corporation has unveiled its Exploration & Production capital and exploratory budget for 2023, which will amount to $3.7 billion.

Baker Hughes’ weekly rig count report says that the number of offshore rigs in the U.S. took a nosedive last week and fell by 3 units.

The U.S. stepped up its game last week and recorded an increase in the number of offshore rigs to 19, based on Baker Hughes’ weekly rig count report.

Following the decision to extend the lifetime of the field, Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has updated the most likely recoverable oil, contingent gas and natural gas liquid (NGL) resources estimate for the White Rose Field. Canada’s Cenovus Energy, the company b

High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy market research and consultancy firm Westwood reports, explaining that this is due to higher oil prices not having fed through into more explor

Baker Hughes’ rig count report has revealed that the international offshore rig count experienced an increase of 30 units in 2022 compared to the figures from the year before. The overall international rig count including both offshore and onshore rigs was up 66 rigs from the 2021 count of 834. Acco

Action has been taken to minimise the risks of accidents and improve safety of offshore oil & gas infrastructure, but incidents still occur.

Canadian oil and gas producer Trillion Energy is planning to bring on eight new wells or workovers into production next year through continuous drilling on a natural gas field in the Black Sea offshore Türkiye. Bringing what the company describes as a “transformative year” to an end, Trillion announ