Chevron has announced several steps it is taking in response to market conditions...

Shelf Drilling has announced that it has received a notification from customer on early termination of the Trident XIV contract. The contract end date for the jackup rig has been changed from February 2021 to July 2020...

Helmerich & Payne (H&P) has announced it is implementing additional cost controls and re-evaluating its capital allocation to proactively preserve its strong financial position in response to a combination of a weakened commodity price environment, broader uncertainties related to COVID-19 and the resulting high market volatility...

Talos Energy has announced updated full year 2020 financial guidance, inclusive of $170 million of reductions in capital, operating and G&A expenses...

Total and its partners have made an encouraging discovery with the Isabella 30/12d-11 well on the license P1820, located in the Central North Sea offshore UK, about 40 km south of the Elgin-Franklin Field and 170 km east of Aberdeen...

i3 Energy has announced the company has entered into a drilling contract with Dolphin Drilling to utilize either the Borgland Dolphin or Blackford Dolphin semisubmersible drilling rig for a minimum 82-day program, which is due to commence no later than 1 September 2020...

Survival mode has returned to the oil and gas sector as the oil price rout deepens. Since the week of 9 March, more than a third of the companies Wood Mackenzie covers in its Corporate Service have cut CAPEX by 30%...

The region-wide Gulf of Mexico Lease Sale 254 generated $93,083,453 in high bids for 71...

Shelf Drilling has announced that it has entered into a mutual agreement with the customer to amend the contract end date for the Shelf Drilling Tenacious from January 2022 to September 2020...

ExxonMobil announced that it is looking to significantly reduce spending as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases...