Rigzone Industry News

Energean has taken a step further towards production from the Olympus Area in the Mediterranean by partnering with TechnipFMC.

Eni has begun oil and gas production on the Baleine Field less than two years after its discovery.

Equinor expects to raise Statfjord Ost's output by 26 MMboe.

Hywind Tampen in Norway has a capacity of 88 MW.

'These assets have among the lowest breakeven prices in Appalachia...'

'A high-impact case estimates 90 percent shut-in and 16 days to recover'.

The EU has stockpiled 1,024 TWh of gas.

Equinor expects the project to raise recovery by 109 MMcf of oil and 28 Bcf of gas.

The potential sale includes Azerbaijan's biggest oil project.

'It is positive that we can still make such discoveries in an area with good infrastructure for oil and gas'.