Rigzone Industry News

BW Offshore has been awarded a limited notice to proceed by Shell for early-stage engineering and supplier reservations for an FPSO for the Gato do Mato project.

BP said it will look again at its plans in the UK, as a £5Bn windfall tax on oil and gas profits announced by the government included enough incentives to preserve investment.

The Biden administration is reaching out to the oil industry to inquire about restarting shuttered refineries, as the White House scrambles to address record high-gasoline prices.

Bankrupt Sri Lanka is seeking more energy imports.

BlackRock told Texas it's still committed to helping clients invest in the energy industry, rebutting suggestions that the firm boycotts fossil-fuel companies.

Rigzone's regular market watchers focus on the inversion of the Brent-WTI oil price spread, the start of the U.S. hurricane season, gasoline prices and more.

BSEE is proposing regulations regarding the use of new or unusual technologies in high-pressure and high-temperature environments.

Bureau of Safety and Environmental Enforcement inspectors have wrapped up the pre-production inspection on Shell's new platform - Vito.

The US Congress will vote next week on legislation.

Follow This stated that the fight against the climate crisis lost some of its momentum at BP with support for Paris climate targets dropping to 15 pct, down from 21 pct in 2021.