Rigzone Industry News

The coordinate action by major energy consumers is intended to soften the economic fallout from a surge in energy prices.

IOG will need to conduct additional process and safety studies on the Blythe platform before it can resume production.

IPR Energy has completed the acquisition of a 55 percent interest in the El Fayum and North Beni Suef Concessions in Egypt from Pharos Energy.

The IEA's Member Countries agreed to a new release of oil from emergency reserves due to market turmoil caused by Russia's invasion of Ukraine.

IOG, the net-zero UK gas and infrastructure operator, has had to negotiate some road blocks in its Saturn Banks Phase 1 wells.

Rigzone's regular market watchers focus on Iran nuclear deal talks, the energy market effects of the Russia-Ukraine conflict, pipeline damage and more.

'We are experiencing a major crisis'.

IOG has confirmed first gas from the Elgood field, part of Phase 1 of its Saturn Banks Project.