UKGov admits just 10% of our oil is refined in Scotland
Just 10 of North Sea oil is being turned into fuel for cars in Scotland - as the nation increasingly relies on imports - the Herald can reveal.
Source: heraldscotland.com
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Valaris accumulates $1.14 billion in backlog from offshore drillship contracts with, Shell, Petrobras, Equinor and more
Valaris Limited announced new contracts and contract extensions, with an associated contract backlog of approximately $1.14 billion.
Source: ogv.energy
Valaris accumulates $1.14 billion in backlog from offshore drillship contracts with, Shell, Petrobras, Equinor and more
President and Chief Executive Officer Anton Dibowitz said, “The contract awards for VALARIS DS-4 and VALARIS DS-16 are great examples of how we are executing on the operating leverage inherent in our business, with day rates transitioning from legacy rates in the low $200,000s to market rates. We are also beginning to see early signs of a recovery in the North Sea jackup market from 2025, as evidenced by several awards at improving day rates.”
Source: worldoil.com
London close: Stocks fall as US inflation comes in hot
London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.
Source: sharecast.com
Valaris Nets Over $1B in Rig Contract Awards and Extensions
Offshore drilling company Valaris has secured approximately $1.14 billion in new contracts and contract extensions for its…
Source: oedigital.com