Upstream Oil & Gas

Italy’s Saipem has secured a new offshore contract in Saudi Arabia worth approximately $500 million under its existing long-term agreement with the country’s energy...

ConocoPhillips is exploring a sale of some of its Permian Basin assets as part of a broader streamlining of its portfolio, according to people...

In a statement sent to Rigzone on Monday, Saipem announced that it has introduced an AI-based predictive maintenance system onboard its Saipem 12000 ultra...

Azule Energy Holdings Ltd - Eni SpA and BP PLC's 50-50 joint venture in Angola - and its partners have started producing oil in...

Energy and marine consultancy ABL has been selected for the provision of marine warranty survey services for the fourth phase of a gas field...

Ghana’s parliament has approved extensions to Kosmos Energy’s licences for the Jubilee and TEN oilfields – two of the country’s most strategic energy assets...

Gran Tierra Energy has signed a new onshore exploration, development and production sharing agreement with SOCAR in Azerbaijan, the company said on Friday.The agreement...

With Nigeria’s oil output showing signs of recovery after years of disruption, the focus is shifting from reopening shut-in wells to sustaining production over...

Russia's oil producers reduced the pace of drilling in 2025 to the lowest level in three years, dimming the outlook for output growth this...

The North Sea Transition Authority (NSTA) has announced the launch of a new digital and data strategy.In a statement sent to Rigzone, the NSTA...

Eni SpA said Monday it had made a "significant" natural gas and condensate discovery in the waters of Côte d'Ivoire through the first exploration...

The U.S. Energy Information Administration (EIA) is forecasting that total U.S. crude oil production, including lease condensate, will drop from 2026 to 2027 in...

Texas-headquartered lifting and securement industry player Kito Crosby has won an offshore contract for a new floating production unit (FPU) in the Gulf of...

US forces boarded an oil tanker after a cat-and-mouse chase from the Caribbean to the Indian Ocean, the Pentagon said, as Washington expands its...

Oil gained as tensions in the Middle East outweighed concerns that there is a supply glut building in the market. West Texas Intermediate rose to...

Switzerland-based offshore drilling contractor Transocean has picked up multimillion-dollar extensions for two of its harsh environment semi-submersible rigs deployed off the coast of Norway. Thanks...

Perenco Congo has installed the new Kombi 2 platform on the Kombi-Likalala-Libondo II (KLL II) Field offshore Republic of Congo.The installation forms part of...

Under the Open Acreage Licensing Policy, 25 blocks covering about 1.83 lakh sq km are on offer, comprising six onland blocks, six in shallow...

  BP said profit declined compared with Q3 2025 because upstream realisations were lower and its production mix changed.British oil and gas company bp has reported...

UK-based and AIM-listed Sunda Energy, formerly Baron Oil, is setting the stage to undertake its planned drilling campaign on a gas field off the...