
Nabors to sell drill pipe rental unit for $600m
Nabors Industries has signed a definitive agreement to sell its Quail Tools subsidiary to Superior Energy Services for $600m.

Nabors Industries has signed a definitive agreement to sell its Quail Tools subsidiary to Superior Energy Services for $600m.

Oil exploration company Aker BP has completed the Omega Alfa exploration campaign in the Norwegian North Sea, leading to a discovery of oil.

Helix Energy has secured a multi-year contract to deliver production enhancement and well abandonment services in the Gulf of Mexico.

India-based refiners Indian Oil and Bharat Petroleum have resumed their purchases of Russian oil for delivery in September and October.

Nayara Energy has turned to a dark fleet to continue its oil imports and fuel transportation in the wake of European Union sanctions.

Indonesia Energy Corporation (IEC) has signed a MoU with Aguila Energia e Participações (AEP), to explore energy opportunities in Brazil.

Rising Phoenix Capital has completed the sale of a significant mineral package in the Barnett Shale, Denton County, Texas, US.

The US administration of President Donald Trump has announced a schedule for over 30 offshore oil and gas lease sales over the next 15 years.

Talos Energy has reported a significant discovery at the Daenerys exploration prospect situated in the US Gulf of America.

Iraq has entered an agreement with Chevron for oil exploration and development projects in the country, including the Nassiriya project comprising four exploration blocks and other producing fields.