Rigzone Industry News

Companies now have guidelines to inform what they can and can't claim about purchased carbon credits.

The transfer of Russian crude between tankers at sea has shifted away from Ceuta, a Spanish enclave in North Africa.

A 9.6 million barrel US crude stockpile drop and robust gasoline demand bolstered crude futures Wednesday.

TechnipFMC has been contracted to supply subsea production systems for the Block 18 Infills development, offshore Angola.

Saipem has secured two offshore drilling contracts with a $550 million price tag.

Seplat Energy Plc remains committed to purchasing Nigerian oil and gas assets from Exxon Mobil Corp.

Chad Spencer, the CEO of Houston headquartered Hazeltine Executive Search Partners, outlines which companies 'tend to thrive and actively hire during low oil and gas price environments'.

'If neither of these fields go to full development, it will be difficult to make a clear economic case for fields with less potential'.

Aker BP has moved toward the start of construction in October for the electrification of its Yggdrasil development project.

The UK has been told to implement 'stringent tests' before allowing further oil and gas development.