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Standard Drilling Sells Vessel for $10MM+
Wednesday, November 24, 2021The sale of the vessel will result in a gain for Standard Drilling of gross $2.3 million.
Mobile Carbon Capture in Shipping is Feasible
Monday, November 22, 2021Mobile carbon capture in shipping is technically feasible.
Top Headlines: Phillips 66 Converting Louisiana Refinery and More
Saturday, November 20, 2021Check out some of Rigzone's top stories during the last week.
Suez Canal Raises Toll for Ships
Friday, November 05, 2021The authority, in a statement published on its website Thursday, cited an International Monetary Fund and World Trade Organization estimate that global trade traffic will rise 6.7 percent in 2022.
Iran Says it Stopped USA Attempt to Seize Gulf Oil Cargo
Wednesday, November 03, 2021A video tweeted by Iran's permanent mission to the United Nations, claiming to show the incident, included military speed boats approaching two large vessels in the distance.
Subsea 7 Bags Very Large Petrobras Award
Tuesday, October 26, 2021The deals, which will be recorded in backlog in the fourth quarter, have a combined value of between $500 million and $750 million.
TGS, CGG, BGP Pen Multi-Client Seismic Deal With Staatsolie
Wednesday, October 20, 2021A consortium of TGS, CGG, and BGP has signed a multi-client agreement with Staatsolie for multi-client seismic offshore programs.
Chevron Charters Accommodation Vessel For Wheatstone Ops
Wednesday, October 20, 2021Edda Accommodation has won a new contract for its Edda Fides vessel from Chevron.
Guyana-Bound FPSO Enters Drydock In Singapore (VIDEO)
Thursday, October 14, 2021FPSO Prosperity, set to work on ExxonMobil’s Payara development offshore Guyana, has reached drydock at a yard in Singapore.
TechnipFMC Bags Substantial Petrobras Deal
Thursday, October 14, 2021The company describes a "substantial" deal as being worth between $250 million and $500 million.
Eidesvik, Wartsila in World First Ammonia OSV Project
Monday, October 11, 2021The project, dubbed Apollo, will be the first of its kind ever in the world.
Top Headlines: Analysts Release Latest Oil Price Forecasts and More
Saturday, October 09, 2021Check out some of Rigzone's top stories during the last week.
Solstad Offshore Sells 7 Vessels for Recycling
Tuesday, October 05, 2021Solstad Offshore ASA has announced that its subsidiaries have sold seven vessels for recycling.
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.
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 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.
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.
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.
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.
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.
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.
How Much Gulf of Mexico Production is Still Offline?
Monday, September 13, 2021The Bureau of Safety and Environmental Enforcement publishes its latest production estimates following Ida.
Expert Gives Hurricane Affected Asset Warning
Monday, September 13, 2021Rigzone's regular energy prognosticators look at the recovery in the Gulf of Mexico following Hurricane Ida, gas market price moves, Libya supply disruption and more.
Noble Declares Force Majeure On Drillship and More
Saturday, September 11, 2021Here are some of Rigzone's top stories during the last week, just in case you missed them...
Suncor Greenlights Terra Nova Asset Life Extension
Thursday, September 09, 2021The co-owners of the Terra Nova FPSO facility, and associated Terra Nova field, have finalized an agreement to restructure the project ownership and move forward with an asset life extension project.
Oil Holds Gain as Hurricane Impact Lingers
Thursday, September 09, 2021The slow return of U.S. output halted by Hurricane Ida more than a week ago tightened the market.
Demonstrators Halt Tanker Loading at Libya Oil Port
Wednesday, September 08, 2021Demonstrators have interrupted loading of an oil tanker and taken over the control room at Libya's biggest crude terminal.
Reporting Indicates Tampen Vessel Boarded by Armed Men
Tuesday, September 07, 2021Reporting indicates that when anchored at the Libreville anchorage area, the Tampen offshore supply vessel was boarded by unknown armed men, according to Dryad Global.
USA Drops 11 Rigs Week on Week
Monday, September 06, 2021The United States dropped 11 rigs week on week, according to the latest rotary rig count from Baker Hughes, which was published on September 3.
First Steel Cut For Fourth Fast4Ward FPSO Hull
Monday, September 06, 2021SWS cuts first steel for the fourth FPSO of a Fast4Ward design being built for Dutch provider SBM Offshore.
Noble Rig Survives Hurricane Conditions and More
Saturday, September 04, 2021Here are some of Rigzone's top stories during the last week, just in case you missed them...
ESVAGT in Mass Recruit Mode
Friday, September 03, 2021New contracts in the North Sea require ESVAGT to 'mass recruit', the company has announced.
Range Bound Oil Market Finally Breaks Loose
Friday, September 03, 2021Rigzone's regular market watchers look at the effects of Hurricane Ida, the results of the latest OPEC+ meeting, the latest U.S. inventory report and more.
Port Fourchon Sees Weeks for Ida Recovery
Wednesday, September 01, 2021The port's top official said in an interview on National Public Radio that recovery would take weeks.
USA Oil Sector Examines Ida Damage
Tuesday, August 31, 2021Oil and gas producers, and refineries that fuel the U.S., are assessing the impact on operations after the passage of Hurricane Ida.
Tanker Owners Say Aging Fleet Points to Illicit Crude Flows
Friday, August 27, 2021The world's fleet of giant supertankers is the oldest it has been since 2002, the latest sign of an illicit trade that owners say is damaging business.
G7 Comments on Oil Tanker Attack and More
Saturday, August 14, 2021Here are some of Rigzone's top stories during the last week, just in case you missed them...
Oil Supertankers in Doldrums
Thursday, August 12, 2021The summer doldrums are here for oil supertankers.
USA Publishes Essential Reading on Oil Tanker Attack
Wednesday, August 11, 2021U.S. Central Command published what maritime risk intelligence company Dryad Global has called 'essential reading' following the attack on the Mercer Street oil tanker.
Rigs of Nigg BBC Show to Air Next Week
Wednesday, August 11, 2021The BBC is scheduled to broadcast a program next week about the effects of the 1970s oil boom on the 'sleepy' Highland bay of Nigg.
G7 Comments on Oil Tanker Attack
Tuesday, August 10, 2021The G7 foreign ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America, and the high representative of the European Union, commented on the attack.
Biden Iran Nuclear Deal Ambitions Shrink
Monday, August 09, 2021The Biden administration faces the sobering reality that returning to the Iran nuclear deal may no longer be feasible.
Ulstein Turning PSVs into Battery Hybrid ERRVs
Monday, August 09, 2021Ulstein and ESVAGT have entered into a contract for the conversion of two platform supply vessels to Emergency Response Rescue Vessel battery hybrid ships.
Devon and Conoco Study Shell Permian Assets and More
Saturday, August 07, 2021Here are some of Rigzone's top stories during the last week, just in case you missed them...
Israel Prepared to Attack in Iran
Friday, August 06, 2021Israel is prepared to attack Iran, Defense Minister Benny Gantz said, as his country lobbied for a response to a fatal drone attack on an Israeli-operated oil tanker that it blamed on the Islamic Republic.
SBM and Petrobras Sign LOI for 22+ Year FPSO Deal
Thursday, August 05, 2021SBM Offshore has announced that it has signed a letter of intent with Petrobras for 22.5 year lease and operate contracts for the FPSO Alexandre de Gusmao.
Rapid Iran Oil Comeback Now Looks Less Likely
Wednesday, August 04, 2021Iran's oil comeback, already taking longer than many traders expected, will be further complicated by last week's deadly drone attack on a tanker in the Gulf of Oman.
Oil Tanker Attack Emulates Shadow War
Tuesday, August 03, 2021Whilst unconfirmed, the attack on the MT Mercer Street oil tanker emulates that of the ongoing Isreal/Iran shadow war, according to Dryad Global's latest Maritime Security Threat Assessment.
U.S. Considers Next Steps Against Iran
Monday, August 02, 2021The U.S. formally blamed Iran for a deadly attack on an Israel-linked oil tanker off Oman on Thursday, warning of an 'appropriate response'.
USA Says Oil Tanker Was Targeted by Drones
Monday, August 02, 2021U.S. Navy experts believe a drone struck an oil tanker with links to an Israeli billionaire off Oman this week, the Associated Press reported, citing the American military.