Rigzone Industry News

Saudi Aramco plans to begin permanently storing carbon dioxide from 2026 in one of the largest facilities of its kind, as it seeks to reach its goal of net-zero emissions by 2050.

Shell and its partner Ecopetrol have verified the presence of gas in the Gorgon-2 exploratory and delimitation offshore well.

Shell has completed its 100 percent acquisition of Solenergi Power and with it the Sprng Energy group of companies from Actis Solenergi.

Eni's unit, Enimed, has contracted Saipem for transportation and installation of an offshore pipeline off Sicily.

TotalEnergies-operated Tyra Redevelopment Project in the Danish North Sea has experienced delays due to global supply chain difficulties.

Shell has awarded a contract to Aker Solutions for the delivery of a not permanently attended installation for the Jackdaw gas field.

Kyrsten Sinema, the U.S. Senator for Arizona, is said to be the key.

Subsea 7 and Van Oord have announced the award of a substantial contract by ExxonMobil for the gas-to-energy project offshore Guyana.

Senator Joe Manchin gave his support to the Inflation Reduction Act of 2022 which will provide $369 billion in energy and climate investments.

Oil prices are more likely to rise than fall, according to the boss of Shell.