Rigzone Industry News

Production from the Njord field resumed on December 27, following an upgrading project in which both the platform and the FSO were brought ashore.

Echo Energy, the Latin American-focused energy firm, will appoint Lindor Martin as a non-executive director.

Var Energi ASA and PTT Exploration and Production Public Company Limited are celebrating new gas finds.

Eni has announced a new gas discovery offshore Cyprus.

EU energy ministers have reached an agreement that sets a market correction mechanism to protect against excessively high gas prices.

Italian companies Eni and Snam have joined forces to develop and manage Phase 1 of the Ravenna CCS project.

Equinor and its partners will invest over $1.3 billion in upgrading the Hammerfest LNG plant at Melkøya.

Exxon Mobil is avoiding hiring oil tankers that previously carried cargoes from Russia.

ExxonMobil has started up one of North America's largest advanced recycling facilities, in Baytown, Texas.

Increased month-on-month heating demand in Europe due to colder temperatures did not hurt the continent as both businesses and households changed their behavior.