Rigzone Industry News

This is MODEC's 19th FPSO for Brazil and second for Shell in Brazil.

Pemex canceled contracts to supply its flagship Maya crude oil to refiners in the U.S., Europe and Asia

The company secured contracts with PTTEP and NOC.

The funding will help Michigan continue work plugging, reclaiming, and restoring orphaned oil and gas wells.

The acquisition includes Tokyo Gas' interests in the Gorgon LNG, Pluto LNG and Queensland Curtis LNG projects.

The Vietnam Block B project is an integrated development project involving an upstream gas field and a pipeline to link it to a gas-fired thermal power plant complex.

Macquarie strategists said they expect Brent 'to grind higher until $90, or until we reach June'.

McDermott said it has fully resolved the Reficar arbitration case and concluded interrelated Dutch and British legal processes.

'We recently updated our U.S. oil production expectations'.

MOL and Petrobras also agreed to negotiate a new CTV shipbuilding contract by the end of 2024.