Rigzone Industry News

Eni received $421.9 million from institutional investors in the transaction.

'The acquisition of Trailstone is an important accelerator in Engelhart's long term strategy to grow our platform and enhance our technological capability to play a leading role in the clean energy transition'.

European natural gas prices jumped after Germany's Uniper SE was awarded more than €13 billion ($14 billion) in damages for unsupplied volumes from Gazprom PJSC.

The EU is proposing to sanction Russia's oil-shipping giant Sovcomflot in a move to limit the Kremlin's ability to finance its war against Ukraine.

The CCUS system can condition, compress, and transport up to 800,000 metric tons of CO2 per year for eventual storage.

The timing of the Noble Corporation-Diamond Offshore Drilling deal likely reflects bullishness for Noble about offshore activity levels globally, EIR told Rigzone.

European officials are in talks to keep gas flowing through a key Russia-Ukraine pipeline.

Equinor named new members and re-elected some existing ones to its board of directors.

The EBRD intends to loan $323 million to Ukrainian state-owned companies for the restoration and building of grid infrastructure and the expansion of generation capacity.

Emerson's suite of Roxar downhole monitoring tools will empower Equinor to use advanced oil recovery techniques.