Rigzone Industry News

British oil and gas exploration and production company Serica Energy is eyeing a new growth phase with the acquisition of Tailwind Energy Investments.

Snam bought 49.9pct of equity interest held by Eni in companies operating two groups of international gas pipelines connecting Algeria to Italy.

Shell said its gas-trading earnings were 'significantly higher' in Q4 of 2022 as the firm overcame challenges encountered earlier in the year.

Shell released a fourth quarter 2022 update note.

US shale executives remain concerned about the outlook for rising costs going into 2023 as they continue to struggle with hiring and retaining workers.

One of the biggest landowners in Texas oil country doubled returns to investors in 2022.

Serica Energy has entered into an agreement to acquire the entire issued share capital of Tailwind Energy.

Shell Catalysts & Technologies has struck a deal with TCM to test CO2-capturing technology in 2023.

Santos' $4.7Bn Barossa gas project is now without approval and in terms of scope and is unviable – economically and environmentally.

Schlumberger has completed the static and dynamic reservoir model of Pantheon's subsurface geological projects on the Alaskan North Slope.