Rigzone Industry News

Russia's biggest liquefied natural gas producer began production at its Arctic LNG 2 project despite U.S. sanctions.

PUN will transfer a minor part of its interest in the the Ærfugl Nord field to Wintershall Dea for an interest in the Idun Nord field.

Azule Energy has signed risk service contracts (RSCs) for several blocks in Angola's Lower Congo Basin.

The MoU and the TAAs are in relation to the development of PTTEP-operated blocks SK405B and SK410B.

In Colombia this year NG Energy drilled a new well and signed a deal to develop pipeline infrastructure.

TenneT awarded the second project under an agreement to expand wind power generation on the Netherlands' side of the North Sea.

Indian refiners hope to avoid the risk of longer shipping time and higher costs following recent attacks on ships in the Red Sea.

Oil retreated from its highest close in almost a month as key technical gauges flashed weakness amid thin holiday trading.

Nigeria-based Riverside LNG said it's in talks to supply gas to South Africa, in what would be the first such deal between the two countries.

Block has designed a multi-stage appraisal and development plan that is being used to facilitate discussions with possible partners.