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Shelf Drilling Scores Three-Year Jack-Up Deal With ONGC
Monday, September 20, 2021Shelf Drilling wins three-year deal for Parameswara jack-up drilling rig.
Island Offshore Digitizing Entire Fleet
Monday, September 20, 2021Island Offshore has announced that it has signed a contract with Kongsberg Digital for the delivery of the Vessel Insight infrastructure solution.
Oil Down as Bearish Risks Grip Markets
Monday, September 20, 2021Oil dropped as risky assets began the week on the back foot and the dollar gained ahead of a Federal Reserve meeting that's expected to see stimulus scaled back.
Naga 7 Contract Terminated As Result Of Total Loss Incident
Monday, September 20, 2021Contract for the NAGA 7 jack-up rig considered terminated following an incident earlier this year that sunk the rig. (Image courtesy of Velesto)
BP Takes Safe Zephyrus Flotel For Work In UK North Sea
Monday, September 20, 2021BP hires Safe Zephyrus flotel for work on the Seagull project at the ETAP central processing facility. (Image courtesy of Prosafe)
Why Gas Desperate Europe Is Not Buying LNG
Monday, September 20, 2021A record rally in natural gas prices in Europe doesn't mean it's become lucrative to send every available molecule to the region.
Environmentalists Send Cease-And-Desist Letter To Wintershall Dea
Monday, September 20, 2021Wintershall Dea receives a letter from compatriot environmental association, ordering it to stop oil and gas activities under a warning of legal action.
NatGas Prices Rising Rapidly in Europe
Monday, September 20, 2021Rigzone's regular energy prognosticators look at the natural gas market, the energy transition, weather patterns and more.
Shell Identifies Significant Damage On GOM Facilities Following Ida
Monday, September 20, 2021Shell reveals significant structural damage on West Delta-143 offshore facilities following Hurricane Ida.
Is Gulf of Mexico Production Still Shut In?
Monday, September 20, 2021Rigzone looks at the Bureau of Safety and Environmental Enforcement's latest production status data for the Gulf of Mexico.
North America Gains 20 Rigs Week on Week
Monday, September 20, 2021North America gained 20 rigs week on week, according to the latest rotary rig count from Baker Hughes, which was released on September 17.
China Risks Winter Energy Crunch
Monday, September 20, 2021China is at risk of the same energy-crunch chaos seen in Europe, with a state-run newspaper warning that coal-fired power plants will struggle to keep the lights on this winter.
Canada Oil Patch Heads for Hospital Triage
Monday, September 20, 2021Canada's oil heartland of Alberta has been hit with its most dangerous Covid-19 wave.
Oil Down With China Demand Concerns
Monday, September 20, 2021Oil slid Monday with rising concerns over China's property situation.
OPEC Secretary General Visits Venezuela
Sunday, September 19, 2021OPEC's secretary general, Mohammad Sanusi Barkindo, visited the Bolivarian Republic of Venezuela at the invitation of its government to celebrate OPEC's 61st anniversary.
Chevron CEO Warns of High Energy Prices and More
Saturday, September 18, 2021Here are some of Rigzone's top stories during the last week, just in case you missed them...
Great Interest in Latest Norway License Round
Friday, September 17, 2021There has been great interest in the Norwegian continental shelf during the country's latest licensing round, according to Norway's Ministry of Petroleum and Energy.
Oil Set for Fourth Weekly Gain
Friday, September 17, 2021Oil headed for a fourth weekly gain, the best run since early July, supported by signs of a tighter market and positive pricing patterns.
Biden Looks Into Why Gasoline Prices Are So High
Friday, September 17, 2021In his latest attempt to counter inflationary pressure, U.S. President Joe Biden said his administration is looking into high gasoline prices.
Schlumberger Meets with Libya NOC
Friday, September 17, 2021Libya's National Oil Corporation has revealed that the chairman of its board of directors recently held a meeting with the general manager of Schlumberger Libya.
Ithaca Energy CEO Passes Away
Friday, September 17, 2021Ithaca Energy Limited has announced that its chief executive officer Bill Dunnett has passed away.
Oil Markets Remain Volatile
Friday, September 17, 2021Rigzone's regular market watchers look at OPEC's latest forecast, continuing U.S. Gulf of Mexico outages, price movements and more.
Energy Titans Support Exxon Gulf Coast Carbon Hub
Friday, September 17, 2021An ambitious project aimed at capturing millions of tons of carbon emissions along the U.S. Gulf Coast in Texas garnered the support of some of the world's biggest refiners and chemical manufacturers.
Diamondback Rises After Accelerating Returns
Friday, September 17, 2021Diamondback Energy Inc. rose in after-hours trading after pledging to accelerate cash returns to shareholders in the fourth quarter.
Oil Drops Friday But Up On The Week
Friday, September 17, 2021Oil was up over 3% this week despite a small drop Friday with a rising dollar and threat of more Russian crude.
Aker BP Hands Out $80MM+ in FEED Deals
Thursday, September 16, 2021Aker BP has awarded front end engineering design contracts worth nearly $81.6 million to its alliance partners.
Chevron CEO Warns of High Energy Prices
Thursday, September 16, 2021The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron Corp.'s top executive.
Warwick Buys $450MM of Texas Shale Assets
Thursday, September 16, 2021One of the biggest U.S. investors in oil and natural gas wells is buying $450 million worth of assets in the Texas Eagle Ford shale basin from a renowned energy family in Dallas.
First Exploration Well for North Sea Company Drilled
Thursday, September 16, 2021Longboat Energy has announced that drilling has commenced at Rodhette, the company's first exploration well.
Al Hariga Oil Port Sit-in Ends
Thursday, September 16, 2021Libya's National Oil Corporation (NOC) has announced the resumption of crude export operations at the Al Hariga oil port.
SBM Offshore Completes $1.6B FPSO Sepetiba Financing
Thursday, September 16, 2021SBM Offshore has announced that it has completed the project financing of the floating production storage and offloading vessel Sepetiba for a total of $1.6 billion.
Shell Plans Dutch Biofuels Plant
Thursday, September 16, 2021Royal Dutch Shell Plc signed off on plans for a large biofuels plant in the Netherlands, stepping up investment in cleaner energy as it retreats from refining crude oil.
Gunvor to Tap Bond Market for First Time Since 2013
Thursday, September 16, 2021Gunvor Group Ltd. is seeking a return to the bond market for the first time in eight years.
Dragon LNG Deploys New Drug Testing Tech
Wednesday, September 15, 2021Wales-based Dragon LNG is the first organization in the international gas industry to deploy a new fingerprint-based drug testing technology, a statement posted on the test provider's website has announced.
Oil Up as API Report Shows Inventory Slump
Wednesday, September 15, 2021Oil gained after a U.S. industry report showed another decline in inventories of crude and gasoline, signaling a tightening market.
China Move to Curb Oil Prices Has Market Wary
Wednesday, September 15, 2021China's first auction of oil from its strategic reserves looks relatively paltry, but the possibility of further releases is still likely to exert a powerful influence on global crude prices.
BP Appoints New EVP of Gas and Low Carbon Energy
Wednesday, September 15, 2021BP (NYSE: BP) has announced the appointment of Anja-Isabel Dotzenrath as its new executive vice president of gas and low carbon energy and a member of BP's leadership team.
Halliburton Selected for Offshore Israel Campaign
Wednesday, September 15, 2021Halliburton Company (NYSE: HAL) has been awarded an integrated services contract to execute a three to five well drilling and completions campaign for Energean.
TRC Makes It a Little Harder for Wells to Flare Gas
Wednesday, September 15, 2021Getting a permit to burn excess natural gas at Texas oil wells is getting a little bit harder.
GOM Oil Output at 60 Percent
Wednesday, September 15, 2021The slow-but-steady restoration of oil production in the Gulf of Mexico is continuing.
Chevron and Enterprise Exploring Carbon Storage Ops
Wednesday, September 15, 2021Chevron and Enterprise Products Partners are exploring carbon storage business opportunities.
Oil Surged Higher Wednesday
Wednesday, September 15, 2021Oil reaches a six week high as the EIA reports a drop of over six million barrels in supply to reach levels not seen since 2019.
Aker Solutions Wins Large ConocoPhillips Deal
Tuesday, September 14, 2021Aker Solutions has been awarded a large topside modification contract by ConocoPhillips Skandinavia AS for Tommeliten Alpha, offshore Norway.
Oil Glut That Covid Built All But Gone
Tuesday, September 14, 2021Global crude inventories that ballooned during the pandemic have shrunk to the lowest level in 20 months as an economic rebound in top consumers China and the U.S. drive a robust recovery in fuel demand.
Tesla Loving Norway Picks Pro Oil Labor
Tuesday, September 14, 2021Norway's opposition Labor Party will begin talks on forming a new ruling coalition after winning an election dominated by disputes over the Nordic economy's dependence on fossil fuel.
Texas May Face Another Hurricane Soon
Tuesday, September 14, 2021Tropical Storm Nicholas could turn into a hurricane and hit Texas in coming days, Rystad Energy warns.
Storms Set to Worsen Global Ship Snarls
Tuesday, September 14, 2021Global supply chains already tangled by the pandemic, labor shortages and sustained consumer demand in the U.S. are getting walloped by another disruptive force: Mother Nature.
DOE Awards SPR Oil Sale Contracts
Tuesday, September 14, 2021The U.S. Department of Energy has revealed that contracts have been awarded from a recent congressionally mandated Strategic Petroleum Reserve crude oil sale.
World Must Wait for Extra Oil
Tuesday, September 14, 2021The world will have to wait until October for additional oil supplies as output losses from Hurricane Ida wipe out increases from OPEC+, the International Energy Agency said.
ACWA Plans $1.2B Offer in Biggest Saudi IPO Since Aramco
Tuesday, September 14, 2021ACWA Power International is set to raise up to 4.55 billion riyals ($1.2 billion) in what would be the biggest offering in Riyadh since Saudi Aramco's listing.
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