Rigzone Industry News

West Coast refiners are replacing their heavy Iraqi oil imports with cheaper crude from Canada as the newly expanded Trans Mountain pipeline reshuffles trade flows.

The Ubeta gas condensate field located in OML58 will be developed with a new six-well cluster connected to the existing Obite facilities through a buried pipeline.

Energy Transfer indicated a right of first offer had prevented it from becoming a partner in BANGL.

Technip Energies signed a long-term services frame agreement with Karachaganak Petroleum Operating for Kazakhstan's Karachaganak Field.

Donald Trump told Senate Republicans Thursday he would restart oil drilling in Alaska's Arctic National Wildlife Refuge.

Hibiscus Petroleum agreed to buy TotalEnergies EP (Brunei) for $259.4 million.

Two shuttle tankers used to haul crude from Russia's Sakhalin-2 project have failed to move cargoes since April.

TotalEnergies is set to raise its worldwide flexible power generation capacity to seven GW gross by acquiring the 1.3 GW West Burton B gas-fired power plant.

QatarEnergy roped in a new partner for the North Field East expansion project through an agreement with Taiwan's CPC, which also signed a long-term offtake for the LNG project.

Transocean won job extensions totaling $160 million for three harsh environment submersibles in Australia and Norway.