Rigzone Industry News

A group of Baltic and Nordic gas transporters signed a contract for a pre-feasibility study for an EU hydrogen infrastructure network.

Prospera said it exceeded its 2023 year-end target with a total production capability of 2,200 barrels of oil equivalent per day.

Construction has started on SunZia Transmission and SunZia Wind, which it says is the largest clean energy infrastructure project in U.S. history.

SLB has secured a second license from Plexus to use the latter's patented POS-GRIP wellhead engineering technology.

Calgary-based Pason Systems Inc. has purchased all remaining common shares of Intelligent Wellhead Systems Inc. (IWS) for a total consideration of $66.18 million (CAD 88.2 million).

Petrobras signed a contract with Unigel for industrialization on order (tolling) for the production of fertilizers at the Sergipe and Bahia plants.

Tthe refinancing transaction provides it with 'a more stable financial platform, a strengthened balance sheet, a bifurcated capital structure and ample liquidity'.

Methane emission intensity in the Permian Basin dropped between 2011 and 2022, despite total oil and gas production increasing by over 416 percent.

The MoU and the TAAs are in relation to the development of PTTEP-operated blocks SK405B and SK410B.

TotalEnergies has contracted Petrofac for engineering and construction services for its assets in UK waters.