Rigzone Industry News

The U.S. Energy Information Administration and Standard Chartered revealed their latest oil price predictions this week.

Equinor is exercising two options to extend contracts with Archer AS, KCA Deutag Drilling Norway AS, and Odfjell Operations AS for a total of four years.

The offloaded upstream assets are 'non-core to the Company strategy in the Country'.

The Mendubim plant will produce 1.2 terawatt-hours (TWh) of power annually.

The EIB signed its first agreement with Sunfire worth up to $109.2 million To support the innovative electrolysis technologies needed for Europe`s green transition.

U.S. natural gas producer EQT Corp agreed to buy back former unit Equitrans Midstream Corp for about $5.5 billion in stock.

Drilling operations for the well took place approximately 28 miles (45 kilometers) off the coast in block CI-205.

Former BP Chief Executive Bernard Looney took a GBP 1.8 million hit to his total compensation in 2023.

East Ohio Gas Company will be doing business as Enbridge Gas Ohio and will join Enbridge's Gas Distribution and Storage Business Unit.

'These accretive investments provide near-term growth in the U.S. Gulf Coast and set the stage for the future expansion through high quality partnerships and embedded organic opportunities'.