Rigzone Industry News

Eni has signed a new PSC for blocks 404 and 208 in Algeria with Sonatrach, Oxy, and TotalEnergies.

Norwegian oil major Equinor has resumed production from the Peregrino field offshore Brazil after more than two years offline.

Technip Energies, X1 Wind, and a consortium of 10 companies have been picked to deliver the NextFloat project.

Eni has completed the construction of the oilseed collection and pressing plant in Makueni, Kenya, and started production of the first vegetable oil for bio-refineries.

A halt of Russian gas supplies to the EU could potentially reduce its gross domestic product by as much as 1.5% if the next winter is cold and the region fails to take preventive measures to save energy.

Europe is heading into a predicted power crunch earlier than expected despite recent moves to curb demand and increase supply, Rystad Energy claims.

Eni will accelerate and increase gas production in Congo by deploying a pair of modular, midsize, FLNG units with a combined capacity of around 2 mtpa in its Marine XII block offshore Congo.

Equinor and Fluxys have agreed to develop a major infrastructure project for transporting captured CO2 from emitters to safe storage sites in the North Sea, connecting Belgium to Norway.

Equinor has agreed to sell to supermajor Shell 51 percent of its interest in the North Platte deepwater development project in the U.S. Gulf of Mexico.

Esso Australia, a subsidiary of oil and gas supermajor ExxonMobil, has announced that it started a technical tender process for the decommissioning of several of its facilities in Bass Strait.