Rigzone Industry News

Murphy Oil has made a couple of new appointments to its leadership naming Eric M. Hambly as its new President and Chief Operating Officer and E. Ted Botner as Executive Vice-President.

A magnitude 5.1 earthquake occurred eight kilometers northwest of Prague, Oklahoma.

'This latest batch brings total offers so far to 51'.

The Supreme Court decided against the government's nationalistic electricity legislation in a case brought by private energy companies.

'Whether this is a shorter-term pause or longer-term departure from the prior plan to increase capacity to 13 million barrels per day appears unclear'.

Nigeria and Morocco are elevating discussions toward a final investment decision for a planned transborder gas pipeline linking North and West Africa.

'Barring an escalation, we anticipate price will stay in its current range for 1Q24 as no supply loss is expected'.

McDermott will transport and install an 85-mile pipeline section, a 15,000-metric ton CCS platform jacket, and bridge connecting to the existing central processing platform.

'We need to facilitate investment but also guarantee energy sovereignty alongside private investment in energy'.

'The situation escalated with NATO forces launching airstrikes against Houthi targets'.