Rigzone Industry News

Freeport LNG has withdrawn the force majeure that was declared for an explosion at the site.

Fitch Solutions Country Risk & Industry Research reveals its latest Brent oil price forecast.

The campaign to install turbine foundations at what will be the world's largest offshore wind farm has started with the installation of the first monopile and transition piece on Dogger Bank A.

There is a large opportunity for companies and countries to significantly reduce carbon output by creating electricity from flare gas.

Offshore EPC spend is expected to total $276 billion, a 71 percent increase compared to the preceding five-year period, Westwood says.

The world is experiencing the first truly global energy crisis in history and the situation is especially perilous in Europe, which is at the epicenter of the energy market turmoil.

OPEC's first oil-market outlook for 2023 suggests no relief for squeezed consumers.

The cause of the fire is not yet clear.

The first-ever newbuild 8th generation drillship, the Deepwater Atlas, has been delivered in Singapore to U.S. offshore driller Transocean.