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Rigzone Recent News

The latest oil and gas news from around the world.
  1. Saudi Aramco has signed 66 Memoranda of Understanding and strategic and commercial collaborations worth more than $21 billion.
  2. Royal Dutch Shell is pushing ahead on its massive deepwater drilling plan in Mexico.
  3. Triangle Energy has confirmed that production at the Cliff Head Alpha Platform has been suspended as a result of an electrical fault.
  4. The U.S. Bureau of Safety and Environmental Enforcement has revealed that its BSEE!Safe text notification service now has over 5,300 subscribers.
  5. Oil extended losses below $50 a barrel after plummeting more than six percent over the previous two sessions on fears the fast-spreading coronavirus will take a major toll on global economic growth.
  6. The American Chemistry Council reported Tuesday that one of its economic indicators suggests a growth trend for the broader US economy for much of this year.
  7. A slump in spot prices and abundant production have created opportunities for cheaper supply.
  8. The slump in prices comes as the OPEC and allied producers prepare to meet in Vienna next week.
  9. However, four of its five operating segments recorded sequential improvements in operating results.
  10. Indonesian state-owned oil and gas company Pertamina has awarded Halliburton Co. a multiyear digital transformation contract, Halliburton reported late Monday.