Rigzone Industry News

'This deal will significantly increase EQT's runway of tier one drilling locations'.

The U.S. Energy Information Administration and Standard Chartered revealed their latest oil price predictions this week.

TJN Ruwais JV has received a limited notice to proceed to begin early engineering, procurement and construction (EPC) activities at the Ruwais low-carbon LNG project.

Perenco UK completed the plugging and abandonment of three subsea wells in the Gawain field in the UK Southern North Sea.

Equinor is exercising two options to extend contracts with Archer AS, KCA Deutag Drilling Norway AS, and Odfjell Operations AS for a total of four years.

'No one would produce crude oil knowing fully well that it is not going to get to the terminal'.

The oil and gas giant now aims to reduce its net carbon intensity by 15 percent to 20 percent by 2030, compared with a previous target of 20 percent.

The overall gas volume was calculated between 35.3 million and 105.9 million cubic feet (1 million and 3 million standard cubic meters) of recoverable oil equivalent.

OPEC expressed encouragement after a commentary from the IEA telling the globe to ensure petroleum supply while transitioning to a clean energy future.

The partnership plans to develop and construct 1.0 gigawatts alternating current (GWac) of renewable energy projects in the Philippines.