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USA Could See Strong Hurricane Enter Gulf of Mexico by Mid-Week

Industry Headlines

Top Headlines: Vessel Boarded by Sea Robbers and More Share your comments
Saturday, September 24, 2022Check out some of Rigzone's top stories during the last week.

Oil Posts Longest Run of Weekly Losses This Year Share your comments
Friday, September 23, 2022Oil posted its longest stretch of weekly losses this year as central banks around the world stepped up the fight against inflation at the cost of economic growth.

Diverse Strategies For Oil And Gas Energy Transition Share your comments
Friday, September 23, 2022Even under the most aggressive energy transition scenario, the world will need oil and gas until 2050, Wood Mackenzie said.

USA Could See Strong Hurricane Enter Gulf of Mexico by Mid-Week Share your comments
Friday, September 23, 2022Forecasters indicate the U.S. could see a strong hurricane enter the Gulf of Mexico by mid-week.

Why Top Banks Are Betting Oil Will Stage a Recovery Share your comments
Friday, September 23, 2022Oil is set to rebound in the fourth quarter, according to some of Wall Street's leading banks.

Standard Chartered Flags Bearish EIA Data Share your comments
Friday, September 23, 2022'The latest data is exceptionally weak'.

Gabe Klein To Lead Joint Office Of Energy And Transportation Share your comments
Friday, September 23, 2022Gabe Klein has been named as the lead of the Joint Office of Energy and Transportation created by the Bipartisan Infrastructure Law.

UK Government Lifts Shale Gas Production Moratorium Share your comments
Friday, September 23, 2022The UK government has lifted the moratorium on shale gas production in England.

Renewables In Asia Pacific A $1.8 Trillion Opportunity Share your comments
Friday, September 23, 2022Asia Pacific continues to set the pace for power market growth, creating a $1.8 trillion opportunity for renewables in the next decade.

Cook Inlet Lease Sale Going Ahead Under New Law Share your comments
Friday, September 23, 2022The Proposed Notice of Sale for Lease Sale 258 in Cook Inlet, Alaska, will be going ahead under the Inflation Reduction Act.


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Exploration

Transocean Semi-Sub Rig Wins Deal Worth $437 Million Share your comments
Friday, September 23, 2022OMV and Wintershall Dea have awarded a drilling contract to the Transocean Norge semi-submersible rig worth $437 million.

Chevron Proceeds With Development Of Aphrodite Field Share your comments
Tuesday, September 20, 2022Chevron will be developing the Aphrodite field offshore Cyprus with drilling due to begin in the first half of 2023.

Majors Line Up for Latest Norway Licensing Round Share your comments
Wednesday, September 14, 2022Shell, TotalEnergies, ConocoPhillips and Equinor all applied for production licenses.

ConocoPhillips and Equinor Drill Dusters Share your comments
Tuesday, September 13, 2022ConocoPhillips Skandinavia AS and Equinor Energy AS have both drilled dry wells in the North Sea.

Baja-1 Discovery Important Milestone for Petronas Share your comments
Monday, September 12, 2022'The discovery at Baja-1 well is an important milestone for Petronas'.

Global Oil And Gas Licensing Falls To All-Time Lows Share your comments
Thursday, September 08, 2022Global oil and gas exploration is set to falter this year as the number of licensed blocks and total acreage fall to near all-time lows.


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Production

UAE Accelerates Plan to Increase Oil Production Capacity Share your comments
Monday, September 19, 2022The UAE is pushing to sell more oil and natural gas while fossil fuel prices stay high.

Tailwind Starts Production From Evelyn Field Off UK Share your comments
Thursday, September 15, 2022Tailwind has produced first hydrocarbons from the Evelyn offshore field on September 3, 2022.

CNOOC Starts Production From Bohai Sea Oil Field Share your comments
Wednesday, September 14, 2022CNOOC Limited has started production from the Kenli 6-1 Oilfield 10-1 North Block Development Project in the Bohai Sea.

Repsol Shuts Down Yme Field For Third Time Since Start-Up Share your comments
Tuesday, September 13, 2022Repsol has again shut down production from its Yme field offshore Norway over technical issues.

Industry Body Welcomes Truss Decision Share your comments
Friday, September 09, 2022Industry body UK Onshore Oil and Gas (UKOOG) has welcomed UK Prime Minister Liz Truss' decision.

UK Oil Industry Urges PM to Speed New North Sea Licenses Share your comments
Wednesday, September 07, 2022The UK's petroleum industry has an opportunity to arrest its long-term decline.


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Finance and Investing

Talos To Buy EnVen Energy For $1.1 Billion Share your comments
Thursday, September 22, 2022Talos Energy has bought private U.S. Gulf of Mexico deepwater operator EnVen Energy for $1.1 billion.

TotalEnergies Sees EU Windfall-Tax Bill Topping 1B Euros Share your comments
Wednesday, September 21, 2022The European effort will 'exceed 1 billion euros', Chief Executive Officer Patrick Pouyanne said.

Arabian Drilling To Proceed With IPO On Saudi Exchange Share your comments
Tuesday, September 20, 2022Arabian Drilling is proceeding with its initial public offering of 30 percent of its share capital on the Main Market of the Saudi Exchange.

Var Energi Invests Additional $1.2B In Balder X Project Share your comments
Tuesday, September 20, 2022Var Energi will be making an additional investment of $1.2 billion in the Balder X development project.

Tullow To Delist Ordinary Shares From Euronext Dublin Share your comments
Wednesday, September 14, 2022Tullow Oil has filed an application to Euronext Dublin for delisting its ordinary shares from the market.

Russia Energy Revenue Drops Share your comments
Tuesday, September 13, 2022Russia's energy revenues shrank in August.


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Company Operations

First Australasian Co Signs OGCI Initiative Share your comments
Friday, September 23, 2022By signing the initiative, Woodside outlined that it is committing to striving to reach near-zero methane emissions from its operated assets by 2030.

Cheniere Promotes New EVP And COO Share your comments
Friday, September 23, 2022Cheniere Energy and Cheniere Energy Partners have promoted Corey Grindal to the position of EVP and COO, effective January 2, 2023.

McDermott Bags Work On TotalEnergies Begonia Project In Angola Share your comments
Thursday, September 22, 2022McDermott has been awarded a significant EPSCI contract by TotalEnergies on its Begonia project off Angola.

Eni Looking To Turn Depleted Gas Field Off UK Into CSS Project Share your comments
Thursday, September 22, 2022Eni has submitted a carbon storage license application for the Hewett depleted gas field to the UK North Sea Transition Authority.

High-Ranking Officials Visit Oil Spill Research Testing Facility Share your comments
Thursday, September 22, 2022BSEE director welcomed officials from the Land and Mineral Management at Ohmsett, the National Oil Spill Research Testing Facility.

Schlumberger And Aramco Partner On Emissions Tracking Platform Share your comments
Thursday, September 22, 2022Schlumberger and Aramco have joined forces to develop an emissions tracking digital platform for hard-to-abate industrial sectors.

Judge Says No To Barossa Drilling Permit, Santos To Appeal Share your comments
Wednesday, September 21, 2022A drilling approval given to Santos was pulled after a court found that the Australian regulator did not consult traditional owners.


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