Recent events in the Red Sea have added fuel to the growing fears about the possibility of a wider conflict breaking out across the Middle East, prompting further concerns over oil flows, supply chains, and energy prices in the region and beyond.
Baker Hughes’ rig count report shows that no new rigs joined the working fleet in December 2023.
Will the anticipated global build-out of liquefied natural gas (LNG) projects continue or will many of these projects come to an abrupt end?
Baker Hughes’ rig count report points out that one more rig joined the working fleet in November 2023 compared to the month before.
Suncor has brought back into production a floating production, storage, and offloading (FPSO) vessel, as part of its field life extension project offshore Canada.
A new report warns that plans to scale up fossil fuels threaten net-zero targets, derailing the transition to a sustainable future in line with the 1.5°C warming limit.
With the number of offshore rigs on a downward trajectory, Baker Hughes’ international rig count report shows five units less in October 2023 than the month before
Baker Hughes’ international rig count report shows a sharp drop in the number of offshore rigs in September 2023.
Aramco’s CEO has called upon world leaders and energy players to devise concrete transition steps in a bid to ensure a just transition and avert a potential energy crisis, as a result of a premature phasing out of fossil fuels.
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States was on the rise last week.
Baker Hughes’ international rig count report shows a further increase in the number of offshore rigs in August 2023, as 4 additional units were recorded compared to the month before.
Equinor has booked a semi-submersible rig, owned by SFL Corporation (SFL) and managed by Odfjell Drilling, for a drilling campaign offshore Canada.
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States slipped down a notch last week.
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States climbed a notch last week.
