Rigzone Industry News

Minesto executed a launch and recovery system for the first megawatt tidal kite Dragon 12.

The acquisition positions McIntyre to benefit from significant investment in offshore activities, including field-life extension, decarbonization and renewables.

'The situation is constantly evolving and remains highly volatile'.

For the second year in a row, global banks made more money underwriting bonds and providing loans for green projects than they earned from financing oil, gas and coal activities.

'These illegal actions endangered the lives of dozens of innocent mariners and continue to disrupt the free flow of international commerce'.

Mach closed the acquisition of certain interests in oil and gas properties in several counties in Oklahoma from Paloma Partners.

The Libra consortium, led by Petrobras, Shell plc, and TotalEnergies, has begun production at the FPSO Sepetiba in the Mero field, offshore the Santos Basin in Brazil.

Mandara Capital, the London-based oil trader that once was one of the biggest market makers in crude and fuel, is shutting down its operations.

Mubadala Energy has announced a 'major' gas discovery in South Andaman, Indonesia.

New Mexico's Chaco park will not be allowed to host oil, gas or mineral projects over the next two decades.