Chevron has announced it has sanctioned the Anchor project in the US Gulf of Mexico. This marks the industry’s first deepwater high-pressure development to achieve a final investment decision. Delivery of the new technology also enables access to other high-pressure resource opportunities across the Gulf of Mexico...

Maersk Drilling has signed agreements with Halliburton and Petrofac to collaborate on the exploration program to be delivered under Maersk Drilling’s master alliance agreement with Seapulse...

Chevron has announced a 2020 organic capital and exploratory spending program of $20 billion. The 2020 budget supports a portfolio of upstream and downstream investments, highlighted by Chevron’s Permian Basin position and more...

Devon Energy announced it entered into an agreement with Dow to develop a portion of STACK acreage in central Oklahoma. The average working interest is estimated at 60% across a mix of standard and extended-reach lateral drilling locations...

Baker Hughes has announced that the Baker Hughes international rig count for November 2019 was 1,096, down 34 from the 1,130 counted in October 2019, and up 105 from the 991 counted in November 2018...

Neptune Energy, alongside its joint venture partners BP and JAPEX, have announced the award of new drilling services contracts for the Seagull project in the UK North Sea...

Apache announced the status of its first exploratory well in Block 58 offshore Suriname. Operations on the Maka Central-1 well commenced in late September with an expected drill time of 30 to 60 days...

Premier announced it has achieved first gas from its operated Bison, Iguana and Gajah Puteri (BIG-P) project in the Natuna Sea Block A offshore Indonesia...

KCA Deutag has announced that it has been awarded a five-year contract extension for three platforms operating in the UK North Sea...

Valaris has announced new contracts and contract extensions, with associated revenue backlog of approximately $285 million, awarded subsequent to a prior fleet status report dated 25 October 2019...