Rigzone Industry News

The vessels will operate across the Caspian Sea to move Kazakhstan's oil to Azerbaijan, and onward to other global destinations.

If announced projects for the manufacturing of PV, electrolyzers and batteries as of September are put into operation, clean energy deployment will meet 2030 targets, according to the IEA.

The FEED study for NEO Energy will cover asset repairs and modifications for the Western Isles FPSO vessel, as well as late-life extension procedures.

'The operator intends to continue its efforts to reach agreements with representatives of the Cypriot government'.

Harbour Energy is a potential competitor for the purported acquisition bid.

'Prices fell by $6 per barrel intra-week and then rebounded by $6 per barrel without any particularly significant flow of news'.

The two companies aim to explore the development of a carbon dioxide shipping and transportation infrastructure network.

'This first production of unconventional tight gas from South Ghawar is a milestone that demonstrates real progress on our gas expansion strategy'.

Azerbaijan will supply up to 14.13 Bcf of gas per year to Serbia under a deal between SOCAR and Srbijagas.

A federal judge upheld the Biden administration's approval of ConocoPhillips' 600 million barrel Willow oil development in Alaska.