Rigzone Industry News

Vedanta filed a field development plan for one of the first blocks awarded under India's reformed hydrocarbon licensing policy.

If expanded, the probe will involve other officials from the finance and trade ministries and some related companies.

'This multinational action targeted radar systems, air defense systems, and storage and launch sites for one way attack unmanned aerial systems, cruise missiles, and ballistic missiles'.

Vitol will supply GAIL (India) Limited with approximately one million metric tons of liquefied natural gas (LNG) per annum for 10 years beginning in 2026.

After a challenging year for offshore wind in the US, the country saw a mixed start to 2024 with the coming onstream of the Vineyard Wind project but the termination of Empire Wind 2.

The contract is valued at approximately $519 million, inclusive of mobilization fees and additional services.

Var Energi concluded the divestment of its minority interest in the Norwegian field in a cost-cutting effort.

Venezuela and Spain's Repsol SA signed a new contract for a jointly-run oil venture as the Andean nation seeks to ramp up production after the U.S. eased sanctions.

One of the world's most-influential insurance markets added Guyana to its list of the riskiest shipping zones amid an escalating territorial dispute with neighboring Venezuela.

Venezuela and Guyana agreed not to use arms against each other in a first meeting to reduce tensions over the disputed Essequibo territory.