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Noble, Maersk Drilling Merger Clears Another Hurdle
Monday, January 17, 2022The Norwegian Competition Authority has not objected to the proposed merger between Maersk Drilling and Noble Corporation.
Neptune Brings German Gas Well Online
Monday, January 17, 2022'The Adorf Carboniferous field is one of the most exciting discoveries in Germany in recent years'.
Equinor, BP Seal 2.5 GW Offshore Wind Farm Deal With NY State
Monday, January 17, 2022Equinor and BP have finalized the PSAs for the Empire Wind 2 and Beacon Wind 1 offshore wind projects.
Libya Says Oil Production Back to 1.2MM Barrels
Monday, January 17, 2022Libya's oil production has picked up again.
Aker BP Replaces Maersk Rig. Adds $28M To Backlog.
Monday, January 17, 2022Maersk Drilling and Aker BP have agreed to a rig swap for an extended scope of work, adding a backlog worth around $29 million.
Omicron Labor Force Impact a Factor to Monitor
Monday, January 17, 2022Rigzone's regular energy prognosticators highlight Omicron's impact on the labor force, geopolitical factors, oil price trends and more.
USA Announces $420MM Clean Energy Breakthrough Fund
Monday, January 17, 2022Breakthroughs in basic research will be key to creating the climate solutions that will help achieve President Biden's goal of a zero-emission economy by 2050.
North America Adds 63 Rigs Week on Week
Monday, January 17, 2022North America's rig count now stands at 792.
Vitol Group Says Oil Prices May Rise Even More
Monday, January 17, 2022Oil posted a fourth-straight gain last week.
China State Refiners Led Record Oil Processing Volumes
Monday, January 17, 2022Crude refining climbed to 703.55 million tons, or 14.13 million barrels per day.
BP Submits Decom Plan For Foinaven FPSO
Monday, January 17, 2022BP has handed in the decommissioning plan for the iconic Petrojarl Foinaven FPSO located West of Shetland.
Iran-Backed Houthis Claim Drone Strikes on UAE
Monday, January 17, 2022It's one of the biggest attacks to date on UAE soil.
Oil Up on Increasingly Bullish Backwardation Pattern
Monday, January 17, 2022Brent highest since 2014 as all indicators appear to point bullish.
Ex-Shell, Schlumberger Rep Bags Well-Safe Team Lead Role
Sunday, January 16, 2022Davison has over 30 years of industry experience in a career as a geoscientist.
Top Headlines: USA Gasoline Markets Point to Bad News for Biden and More
Saturday, January 15, 2022Check out some of Rigzone's top stories during the last week.
Shuttle Tanker Demand To Rise In Coming Years
Friday, January 14, 2022Demand for shuttle tankers will grow in the coming years, as produced volumes in need of transport rise to 3.3 billion barrels by 2030.
Petrobras Hires Trio Of Constellation Rigs
Friday, January 14, 2022Constellation Oil Services has won new contracts with compatriot oil major Petrobras for three of its rigs.
Enauta Shuts Down Atlanta Field For Repairs – Again
Friday, January 14, 2022Enauta has once again stopped production from the Atlanta field, this time for inspection and repair following a pipeline issue.
Altrad Completes Muehlhan Deal
Friday, January 14, 2022Altrad noted that the deal marks 'another exciting milestone' in its development.
Aker BP Under Fire Over Mandatory Covid Vaccination Plan
Friday, January 14, 2022Aker BP received criticism over a Covid-19 vaccine mandate for its offshore employees from the offshore oil and gas workers union Industri Energi.
India Oil Demand Recovery Poised to Weather Covid Comeback
Friday, January 14, 2022Authorities have so far refrained from instituting a nationwide lockdown.
Crude Rally Stair-Steps Higher
Friday, January 14, 2022Rigzone's regular market watchers look at the continuing rally in crude prices, Covid-19 developments, geopolitical factors and more.
COPL Makes Significant Wyoming Oil Find
Friday, January 14, 2022Conventional light oil discoveries of this magnitude have been rare in continental North America.
Imperial to Market XTO Energy Canada Interests
Friday, January 14, 2022A definitive decision to sell the assets has not been made.
Traders Plow 500MM Barrels Back into Futures Market
Friday, January 14, 2022Money is gushing back into oil.
Diesel Markets Are Soaring
Friday, January 14, 2022Diesel markets are jumping everywhere.
Canada to Face Challenge in Remaining Oil Power
Friday, January 14, 2022Canada will face challenges, according to the International Energy Agency.
Oil Up as Tightening Market Stands Up to Omicron
Friday, January 14, 2022Oil posted a fourth straight weekly gain, the longest winning streak since October, on signs that the market is tightening as global consumption withstands the impact of the omicron virus variant.
DSME Gets $554M Jansz-Io Order From Chevron
Thursday, January 13, 2022DSME has won a deal worth $554m from Chevron to build a field control station for the Jansz-Io gas field project off Western Australia.
McDermott Teams With Science Organization To Advance Carbon Capture
Thursday, January 13, 2022McDermott has partnered up with one of Australia's national science organizations to advance the use of carbon capture technologies.
Wood Expansion In Middle East Creates 200 Job Openings
Thursday, January 13, 2022Wood marks a year of strategic growth in the Middle East following contract awards accumulating in $580 million of secured backlog in 2021.
Baker Hughes Annual Meeting Cancelled
Thursday, January 13, 2022The Baker Hughes Annual Meeting 2022 has been cancelled.
Exxon Buys Stake In Norwegian Biofuels Company
Thursday, January 13, 2022ExxonMobil is expanding its interests in renewable fuels through an acquisition of a stake in a Norwegian biofuels company.
Vedanta Puts $12B Price Tag on Indian Oil Refiner
Thursday, January 13, 2022Vedanta Group is willing to spend $12 billion to acquire Bharat Petroleum Corp.
Standard Chartered Sees $100+ Oil
Thursday, January 13, 2022Analysts at Standard Chartered see the price of Brent oil averaging more than $100 per barrel.
How Much Did Texas Oil Pay in Taxes in 2021?
Thursday, January 13, 2022Just released data from the Texas Oil & Gas Association (TXOGA) has the answer.
API Issues Call to Action to Biden
Thursday, January 13, 2022American Petroleum Institute President and CEO Mike Sommers issued a call to action to President Biden.
Commodity Trader King Eyes $200 Oil
Thursday, January 13, 2022King said oil could soon hit $100 and even $200 over the next five years.
Libya Oil Output Rises to Almost 1MM Barrels Daily
Thursday, January 13, 2022Libya's daily output, which averaged 1.2 million barrels a day last year, fell to as low as 700,000 barrels.
Day to Day Market for Physical Oil Cargoes is Booming
Thursday, January 13, 2022The world's physical oil market is running hot.
Global Oil And Gas Investments To Reach $628B In 2022
Wednesday, January 12, 2022An analysis by Rystad Energy projects overall oil and gas investments to rise to $628 billion this year from $602 billion in 2021.
Top Seven Energy Transition Trends To Keep An Eye On In 2022
Wednesday, January 12, 2022Westwood's energy transition team has listed seven of the main trends that oil and gas firms should watch in 2022.
CNOOC To Drill Nearly 360 New Wells This Year
Wednesday, January 12, 2022CNOOC has announced in its business strategy and development plan for 2022 that it would increase its net production and drill over 350 wells.
McDermott Secures Mega Offshore Contract
Wednesday, January 12, 2022The deal represents one of the largest single contracts McDermott has been awarded in its company history.
Eni Gets Five New Exploration Licenses In Egypt
Wednesday, January 12, 2022Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum.
EIA Raises Oil Price Forecast for 2022
Wednesday, January 12, 2022The U.S. Energy Information Administration raised its Brent spot average price forecast.
Petronas Launches Mental Health First Aid Training Program
Wednesday, January 12, 2022Petronas said it expects to train 1,000 MIND-A-CARE first aiders in the next three years.
BOEM Preparing GOM Wind Draft Environmental Assessment
Wednesday, January 12, 2022BOEM expects to review at least 16 construction and operations plans of commercial offshore wind energy facilities by 2025.
Equinor Takes $1.8B Impairment on Mariner
Wednesday, January 12, 2022Equinor ASA will make a $1.8 billion impairment on its Mariner field.
European Gas Fluctuates
Wednesday, January 12, 2022In volatile trading, benchmark European gas prices slid as much as 2 percent after gaining as much as 9.2 percent.
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