Onshore drilling campaign in mexico completed by SIMMONS EDECO   SIMMONS EDECO, a leading supplier of onshore drilling and workover…

Orkney awarded €100k EU Responsible Island Prize   The Orkney Islands have been awarded €100,000 in the first ever EU…

Gyrodata sells directional drilling business to Intrepid Directional Drilling Specialists   Gyrodata has announced the sale of its directional drilling…

Marathon Oil Lays Off 200 Employees   Marathon Oil has laid off 200 employees in response to persistently low oil…

Exxon, Chevron slam brakes on shale as oil demand tumbles   Exxon Mobil Corp and Chevron Corp are slamming the…

CNOOC cuts capex, production target   CNOOC Ltd.’s net production during 1Q totaled 131.5 MMboe, an increase of 9.5% year-over-year…

Norway Joins Oil Production Cuts for First Time Since 2002   Norway, western Europe’s biggest oil producer, joined international efforts…

Oil prices rise on US and Norway developments – Rystad Energy comments   Developments in the US continue to drive…

Maersk Intrepid to drill for Martin Linge The hybrid jack-up rig Maersk Intrepid has been awarded a contract for the…

Covid-19 demand update: Oil seen down 10.8%, jet fuel down 33.6%, road fuel down 11.2% in 2020   Rystad Energy’s…