Oil Rig News Monitoring

ADES Secures Jack-Up Drilling Rig Contract in West Africa

Jun 3, 2025 © bomboman / Adobe Stock Saudi oil and gas drilling contractor ADES Holding has secured a contract with Addax Petroleum, part of Sinopec Group, for its Admarine 510 jack-up drilling rig, which will be put to work offshore Cameroon in West …

Naftogaz Group buys drilling rigs with help of EBRD

JSC Ukrgasvydobuvannya, which is part of the Naftogaz Group, will receive a loan from the European Bank for Reconstruction and Development for 36.4 million euros, the head of the Naftogaz Group, Sergii Koretskyi, announced. The funds will be used to …

ADNOC Drilling to Buy 70Pct of SLB Kuwait, Oman Land Drilling Rigs Business

ADNOC Drilling Company PJSC announced, in a release sent to Rigzone on Thursday, that it has signed an agreement to acquire a 70 percent stake in SLB’s land drilling rigs business in Kuwait and Oman. ADNOC outlined in the release that the business …

Naftogaz, Ukraine's Naftogaz, to purchase new drilling rigs using EBRD loans

The European Bank for Reconstruction and Development will lend Naftogaz a loan of 36.4 million euros to modernise the drilling equipment. This was announced by the company on Monday. Naftogaz is the largest producer of Ukrainian gas. However, its …

US drillers cut oil and gas rigs to lowest since November 2021, Baker Hughes says

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely followed report on Friday. It was the first time since …

Oil Rig Count Falls by 4; Crude Prices Headed for Back-to-Back Weekly Drops

How Deep Can Offshore Oil Rigs Drill?

Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into farther-flung and deeper waters, the capabilities of these …

Is A New Oil Price War Between The West And OPEC About To Break Out?

It is highly unlikely that anyone with even a modicum of intelligence has lost money in the past ten years or so by trading against the predictable thinking of those in charge of Saudi Arabia’s oil policy. Quite the reverse, in fact, with enormous profits …

Controversy rages over $300 helicopter landing levy for oil companies

There is no end in sight to the controversy generated by the introduction of a $300 helicopter landing levy for oil and gas companies, Daily Trust can report. The helicopter landing levy is imposed on helicopter landing at oil rigs and platforms through a …

Divers' horror deaths as they exploded into 'a million pieces' with 'organs coming out of body'

02:00 ET, 03 Jun 2025Updated 02:47 ET, 03 Jun 2025 A horror incident which occurred on the Byford Dolphin oil rig on November 5, 1983 killed five workers instantly and left the sixth narrowly escaping death but suffering from with life changing injuries. …

Horrific final moments of divers with 'organs forced out of body' in chilling accident

A horrifying incident on the Byford Dolphin oil rig on 5 November 1983 resulted in the instant death of five workers, while a sixth narrowly escaped with life-altering injuries. The crew were carrying out routine maintenance work at the time, as detailed …

Divers' harrowing deaths as organs forced out of their bodies as they explode

A horrifying incident on the Byford Dolphin oil rig on November 5 1983 resulted in the instant death of five workers, with a sixth narrowly escaping but left with life-altering injuries. The crew were carrying out routine maintenance work at the time, …

ASX hits fresh 50-day high, up 0.63pc

ASX adds 52 points, hitting a new 50-day high at 8,466.70 points Broad strength with 9 of 11 sectors on the up Gold and finance stocks outperform The ASX was on a roll today, climbing swiftly in the first hour of trade and maintaining momentum throughout …

Wildcat well proves North Sea reservoir suitable for carbon storage

Harbour Energy Norge and its partners have confirmed a reservoir in the Norwegian part of the North Sea suitable for CO2 injection and storage following the drilling of a wildcat well. The Deepsea Nordkapp drilling rig. Source: Odfjell Drilling As part of …

Five terrifying ways Britain's enemies could attack in a future war

The UK could face a barrage of long-range drones, ballistic and cruise missiles if it were to engage in warfare this year. The Strategic Defence Review outlined five "methods of attack" that the UK should anticipate if it was thrust into state-on …

Stunning sculpture stands tall in Yinnar

By AIDAN KNIGHT   THE Mirboo North & District Community Bank has recently acquired a sculpture from local artist and town identity Peter Cook, in wake of the Gippsland Sculpture Exhibition 2025. The sculpture, a giant-sized dandelion, is made from a 10 …

World's First! 100 Autonomous, All-Electric Mining Trucks Officially Begin Operations at Huaneng Yimin Mine

XCMG Delivers 100 All-Electric, Autonomous Mining Trucks to Yimin Mine, Pioneering Global Zero-Carbon Mining Hulunbuir, China (ANTARA/PRNewswire)- In a landmark achievement for sustainable mining, ("XCMG", SHE:000425) has successfully …

Everything you need to know about OKC, Indianapolis before NBA Finals

Oklahoma City and Indianapolis are about to get to know each other well. That’ll happen when your basketball teams go at it in the NBA Finals. With the games scheduled across two-plus weeks, there’s lots of time for those of us in the Big Friendly to get …

Naftogaz to raise over EUR 36M loan from EBRD to modernize drilling equipment

Naftogaz Group will receive a EUR 36.4 million loan from the European Bank for Reconstruction and Development (EBRD) to modernize the drilling equipment of Ukrgasvydobuvannya JSC. According to Ukrinform, Naftogaz CEO Sergii Koretskyi announced this on …

Qnergy Sells Carbon Credits to Climate Investment from Landfill Methane Abatement Project in Utah

This carbon credit sale marks a milestone for Qnergy’s CLEAR program and its partnership with Climate Investment. OGDEN, UT, UNITED STATES, June 3, 2025 /⁨EINPresswire.com⁩/ -- Qnergy, a leading methane abatement solutions provider to the oil and gas and …

Existing Conditions Launches New Book: 'The Art & Science of Building Documentation'

Explore "The Art & Science of Building Documentation", a new book chronicling more than 25 years of expert building documentation nationwide. BOSTON, MA, UNITED STATES, June 3, 2025 /⁨EINPresswire.com⁩/ -- Existing Conditions, a GPRS …

Powering Solar Progress: How PV Hardware’s Global Manufacturing Delivers Local Advantage

PVH expands global manufacturing to avoid tariffs, and speed up solar projects—earning two top regional awards in 2025. JEDDAH, SAUDI ARABIA, June 3, 2025 /⁨EINPresswire.com⁩/ -- As the solar industry continues to evolve, PV Hardware (PVH) stands …

Twindo Raises €1M to Power the Frontline of the Energy Rransition with Smarter, Field-First Software

With backing from Volve Capital and industry leaders, Twindo eyes new verticals and smarter automation AMSTERDAM, NETHERLANDS, June 3, 2025 /⁨EINPresswire.com⁩/ -- Dutch renewable energy software company Twindo has closed a new €1 million funding round …

Renewable Energy Leader Adani Green Energy leverages Autodesk Platform Services to Fast-Track Engineering Outcomes

AGEL partnered with CCTech to implement Autodesk Platform Services to transform engineering processes at the world’s largest solar park, driving rapid progress. PUNE, MAHARASTA, IRAN, June 3, 2025 /⁨EINPresswire.com⁩/ -- Adani Green Energy Limited …

Freen lanza una batería de litio de 10kWh (LiFePO₄), diseñada para ofrecer más de 10.000 ciclos de carga

La empresa europea de energías renovables Freen presenta su nueva batería de litio de 10kWh (LiFePO₄), diseñada para ofrecer más de 10.000 ciclos de carga. ESTONIA, June 3, 2025 /⁨EINPresswire.com⁩/ -- La empresa europea de energías renovables …

AI, Carbon Capture & Renewable Fuels: Disruptive Tech at ‘Fuels of the Future’ Summit

MUMBAI, MAHARASHTRA, INDIA, June 3, 2025 /⁨EINPresswire.com⁩/ -- The Future of Carbon Credits: Who Can Benefit, and How to Leverage This Growing Market? Introduction The global carbon credit market is expanding at an unprecedented pace, driven …

Large SUVs Market Report 2025: Size, Trends, And Growth Insights For Global Expansion

The Business Research Company’s Large SUVs Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 3, 2025 /⁨EINPresswire.com⁩/ -- The large suvs market size has seen robust growth in recent …

Zero Petroleum Announces Strategic Expansion: Seeking N. American Site for Next-Gen Synthetic Fuels Facility and R&D Hub

Zero Petroleum seeks North American site for next synthetic fuels production hub, expanding its global network of fossil-free energy innovation SANTA MONICA, CA, UNITED STATES, June 3, 2025 /⁨EINPresswire.com⁩/ -- Zero Petroleum (“Zero”), the …

Enlight Secures Financing for Spain’s Largest Hybrid Renewable Energy Project

Enlight expands its successful Gecama Wind Project, transforming it into the largest hybrid power complex of its kind in Spain The project combines wind, solar, and utility-scale battery storage to deliver clean electricity around the clock The hybrid …

EnergyAid Acquires Suntuity Renewables' Intellectual Property

Leading Solar Repair Provider Expands Support and Monitoring Services SANTA ANA, CA, UNITED STATES, June 2, 2025 /⁨EINPresswire.com⁩/ -- EnergyAid, a leading solar service provider, has announced the acquisition of Suntuity Renewables’ …

Power Moves Electric Tailors Solutions to Meet the Unique Needs of Every Home

Power Moves Electric delivers reliable, safe, and professional residential electrical services. Trusted by homeowners for quality workmanship. SARASOTA, FL, UNITED STATES, June 2, 2025 /⁨EINPresswire.com⁩/ -- Power Moves Electric, a provider of …

Citizen Plumbing Expands 24/7 Emergency Services Across Greater Toronto Area

Scarborough-based plumbing and HVAC company boosts emergency response and service reach across Southern Ontario communities. SCARBOROUGH, ONTARIO, CANADA, June 2, 2025 /⁨EINPresswire.com⁩/ -- Citizen Plumbing & Heating Inc., a family-owned and …

Greenbacker delivers first quarter results

Company announces year-over-year increases in IPP revenue, power production, and generation capacity in its operating fleet, as well as construction milestones on largest solar project in New York Key Takeaways Against a backdrop of trade policy driven …

Next Hydrogen announces transition of its COO to a consulting arrangement

MISSISSAUGA, Ontario, June 03, 2025 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (“Next Hydrogen“) (TSXV:NXH, OTC:NXHSF) announces that James Franchville, the company’s Chief Operating Officer, will be stepping down from his role and transitioning into …

Forbes Article Examines Challenges and Hopes for Nuclear Power After Trump’s Executive Orders 

WASHINGTON, DC, UNITED STATES, June 2, 2025 /⁨EINPresswire.com⁩/ -- Nuclear power could be about to enter a new golden age, Llewellyn King writes on Forbes.com. Regarded as one of the nation’s top energy reporters, King has been writing about …

Solar Cancellation Resource Center (SCRC) Empowers Homeowners Who Have Been Deceived into Signing Costly Solar Contracts

LAS VEGAS, NV, UNITED STATES, June 2, 2025 /⁨EINPresswire.com⁩/ -- For hundreds of thousands of homeowners nationwide, solar panel contracts once seen as a smart investment have become a financial nightmare. Solar Cancellation Resource Center (SCRC …

Alpha Phi Alpha Scholarship named in honor of General Charles McGee for students who pursue STEM degrees at HBCUs

SILVER SPRING, MD, UNITED STATES, June 2, 2025 /⁨EINPresswire.com⁩/ -- Alpha Phi Alpha Fraternity Inc., Iota Upsilon Lambda Chapter in Montgomery County (MD), a demonstrated community service leader and visionary for the establishment of Dr. Martin …

INSURICA’s Ross Set to Become Chairman, Rosenhamer Elevated to President

OKLAHOMA CITY, OK, UNITED STATES, June 2, 2025 /⁨EINPresswire.com⁩/ -- INSURICA, one of the country’s leading commercial insurance brokerage firms, is pleased to announce leadership succession plans becoming effective June 1, 2025. As part of its …

Williams Joins the Gulf of America Alliance Gulf Star Program

Gulf Star investment from Williams will support improved coastal community resilience planning in five communities across the Gulf coast OCEAN SPRINGS, MS, UNITED STATES, June 2, 2025 /⁨EINPresswire.com⁩/ -- The Gulf of America Alliance is pleased …