AWE details Waitsia gas field appraisal results

The AWE Ltd.-led group at Waitsia gas field in the onshore north Perth basin of Western Australia has shown strong flows from its Waitsia-2 drilling program. Source: News


Baker Hughes: US rig count breaks downward trend, jumps 9 units

The US rig count ended a 5-week streak of declines with a surprise 9-unit jump to 907 during the week ended Nov. 10, data from Baker Hughes indicate. The cumulative increase reflects gains in land-based and oil-targeting rigs. Source: News


Aramco signs contracts totaling $4.5 billion for megaprojects

Saudi Aramco has signed agreements with several international oil and gas service contractors for oil and gas megaprojects as part of its Saudi Vision 2030 that are valued at a combined $4.5 billion. The agreements are designed to enhance the company’s energy sustainability, diversify Saudi Arabia’s economy, expand gas production, and localize domestic content, Aramco […]


MARKET WATCH: Crude prices gain on Saudi-Iran tensions

Crude oil prices on the New York market gained modestly Nov. 9 as did Brent crude oil prices in London while conflict intensified between Middle Eastern rivals Saudi Arabia and Iran. Source: News