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King's Quay Floating Production Unit In Texas Waters
Friday, September 24, 2021King’s Quay floating production unit has arrived to Ingleside, Texas, after a 14,000-mile journey from South Korea.
TMC To Supply Sangomar FPSO With Compressor Systems
Friday, September 24, 2021TMC Compressors will supply the marine compressed air system for Woodside’s Sangomar FPSO.
Oil Up as Global Markets Tighten
Friday, September 24, 2021Oil held gains near the highest since 2018 amid a global energy crunch that's set to increase demand for crude, while stockpiles are falling from the U.S. to China.
OGA Launches Decarbonization Competition
Friday, September 24, 2021The UK Oil and Gas Authority has launched a $1.3 million competition to help decarbonize offshore oil and gas production.
Oil Market Cherry Picking USA Inventory Data
Friday, September 24, 2021Rigzone's regular market watchers take a closer look at U.S. inventory data, Shell and ConocoPhillips' major Permian deal, Covid developments and more.
Vitol Sees Oil Jumping to $80+
Friday, September 24, 2021Vitol Group, the world's biggest independent oil trader, expects global crude demand to climb by an extra half a million barrels a day this winter.
Interior Secretary Haaland Hints at Fossil Fuel Extraction Limits
Friday, September 24, 2021Interior Secretary Haaland suggested a sharply limited role for fossil fuel extraction on U.S. federal lands and waters in her most expansive comments yet on the administration's overhaul of oil and gas leasing.
Oil Closes On Five Week Win Streak
Friday, September 24, 2021Oil rose for the fifth straight week with the global energy crunch set to boost demand for crude as stockpiles decline from the U.S. to China.
Equinor Spins Drill Bit At Egyptian Vulture Well
Thursday, September 23, 2021Norwegian oil and gas major Equinor has spudded the Egyptian Vulture exploration well in the Norwegian Sea.
VIDEO: Time-Lapse Of JLS Beam Installation On Pioneering Spirit
Thursday, September 23, 2021Watch a time-lapse video of the installation of the jacket lift system main beams on the massive heavy lift, decommissioning, and construction vessel, the Pioneering Spirit.
Oil Holds Near 2-Month High
Thursday, September 23, 2021Oil held near its highest close in almost two months on signs that stockpiles globally are declining amid a global energy crunch ahead of the crucial winter demand period.
Black Sea Oil & Gas Installs Gas Platform Off Romania
Thursday, September 23, 2021Black Sea Oil & Gas installs the Ana offshore production platform as part of its Midia Gas Development Project.
Citi Not Ruling Out $100 NatGas
Thursday, September 23, 2021Citigroup Inc. more than doubled its Asian and European natural gas forecasts for next quarter.
Texas Upstream Employment Grows
Thursday, September 23, 2021Upstream oil and gas employment in Texas grew.
Go On a Virtual Gulf of Mexico Oil Rig Tour
Thursday, September 23, 2021Valaris has created a virtual rig tour of its Valaris Relentless (Valaris DS-18) drillship, which is currently operating in the Gulf of Mexico.
Rockhopper To Go Ahead With Sea Lion Project Despite Harbour Exit
Thursday, September 23, 2021Harbour Energy has made a decision to exit the Sea Lion oil field development in the Falkland Islands.
ADIPEC Confirms 2021 In Person Event
Wednesday, September 22, 2021The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) will return in person this year, the event's organizers have confirmed in a statement sent to Rigzone.
Shell Sanctions Ormen Lange Subsea Gas Project
Wednesday, September 22, 2021Shell has submitted the development plan for its Ormen Lange wet gas subsea compression project offshore Norway.
Aker Solutions, AF Gruppen Given Go-Ahead To Create Decom JV
Wednesday, September 22, 2021Norwegian authorities find no objections with the creation of a decommissioning joint venture between AF Gruppen and Aker Solutions.
Tower Resources Moving Forward With Thali Block Farm-Out
Wednesday, September 22, 2021Tower Resources has submitted documentation for the farm-out of a share in the Thali offshore block in Cameroon for approval.
OGCI Revises Upstream Targets for 2025
Wednesday, September 22, 2021The Oil and Gas Climate Initiative (OGCI) has announced that it has revised its collective upstream targets for 2025.
OPEC Nations Warn of Oil Market Turbulence
Wednesday, September 22, 2021As the global natural gas crunch hits suppliers and consumers alike, OPEC nations are warning of the knock-on impact for oil markets.
Oil Gains With Supply and Demand In Focus
Wednesday, September 22, 2021China property market fears abated and oil futures rose 2.5% Wednesday as market dynamics returned to focus with quickly eroding supply that will not be able to keep pace with crude demand.
Petrobras Aligns With OGCI Strategy And Commits To Net-Zero
Tuesday, September 21, 2021Petrobras pledges to achieve emission neutrality in activities under its control in line with the Paris Agreement.
UK Energy Sec in Gas Price Talks
Tuesday, September 21, 2021UK Business and Energy Secretary Kwasi Kwarteng has held a series of individual meetings with senior executives from the energy industry to discuss the impact of high gas prices.
Oil Up as Hurricane Ida Still Squeezes Supply
Tuesday, September 21, 2021Oil rose after a two-day decline with Hurricane Ida still having an impact on U.S. crude output three weeks after making landfall.
Valaris Scores Jack-Up Deal Hat-Trick
Tuesday, September 21, 2021Valaris wins contracts for several of its jack-up drilling rigs, one of which is for work on the Porthos carbon capture and storage project.
OGUK Welcomes New UK Energy Minister
Tuesday, September 21, 2021Industry body Oil & Gas UK has welcomed the appointment of Greg Hands as the country's new Minister of State for Energy.
BP Starts-Up Matapal Project Off Trinidad And Tobago
Tuesday, September 21, 2021Supermajor BP has produced first gas from its Matapal project located offshore Trinidad and Tobago.
Canada Oil Industry Seeks Trudeau Support
Tuesday, September 21, 2021Canada's largest oil and natural gas lobbying group is calling for support from re-elected Prime Minister Justin Trudeau following an election campaign that featured vows to cut the industry's emissions.
Oil Up As Tight Supply Wins Over Chinese Economic Worries
Tuesday, September 21, 2021Bullish supply realities moved oil futures back into a positive posture and overcame growing concerns with the Chinese property market and broader implications.
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.
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.
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.
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.
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...
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.
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.
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.
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.
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.
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