Rigzone Industry News

The Texas grid is more reliable and resilient than ever before.

Turkey has discovered 150 million barrels of net oil reserves valued at an estimated $12 billion.

TC Energy has notified customers of a force majeure on its Keystone Pipeline System.

The oil and petroleum products business had "an exceptionally strong year," said Chief Financial Officer Christophe Salmon.

The proposed subsea pipeline between Barcelona and Marseille will now be green hydrogen only and have an investment price tag of around $2.1 Bn.

Check out some of Rigzone's top stories during the last week.

TotalEnergies has sold its Kazakhstan affiliate Total E&P Dunga and has received support for its Mirny wind farm project in the country.

'The coup attempt is incredibly damaging for the country's political and ESG credentials, and will likely deter investors in the nascent oil and gas industry'.

One of Transocean's units has formed a joint venture with Perestroika and funds managed by Lime Rock Management to buy a newbuild drillship from DSME.

TotalEnergies is planning to look for oil off South Africa's West Coast, where environmental groups have increasingly opposed such activity.