Archer Ltd. (ARCH.OL) said Thursday it secured an extension worth $130 million to a drilling contract in Vaca Muerta, Argentina.
The Norway-listed drilling and well services company's contract, which includes the provision of a drilling rig and the operation of a client-owned rig, has a firm period through October 2028 and an option for a further two years.
Diamondback Energy (FANG) said on Wednesday that Travis Stice stepped down as executive chairman and became non-executive chairman effective May 20, as part of a leadership transition plan previously announced by the company.
BP (BP.L) said Wednesday the United Steelworkers Local 7-1 union agreed to resume labor negotiations on Friday.The British energy major added that it is looking forward to a "meaningful dialogue" to strike an agreement with union members concerning operations at its Whiting refinery in Indiana, US.