Rigzone Industry News

Freeport LNG was expected to come back online this month.

Solar PV will become the most cost-competitive technology in Latin America from 2023, according to Wood Mackenzie's latest research.

Saipem has been awarded new offshore drilling contracts, three in the Middle East and two in West Africa, for a total amount of around $800 million.

Sembcorp Industries has signed an agreement to acquire Vector Green Energy for a base equity consideration of around $345 million.

Saudi Arabia is establishing a facility on its eastern coast to capture carbon, as the world's biggest oil exporter looks to hit net zero by 2060.

Sparrows has appointed David Moore as the new Regional Cranes and Lifting Subject Matter Expert in Asia Pacific and Australasia.

Saab Seaeye has been tagged in to deploy its underwater robot in the Angolan Rig-to-reef project.

Trio of seismic companies has agreed to provide early-phase ground conditions and geohazard evaluations for offshore wind farm development.

Sembcorp Marine has been awarded the planned preventative maintenance contract by Ørsted for the Hornsea 2 offshore wind farm.

Saudi Arabia lowered most oil prices for Asia, in a sign of the regional market weakening with the global economic slowdown.