Rigzone Industry News

Executives from 137 oil and gas firms have their say.

Singapore businessman Lim Oon Kuin is on trial Tuesday.

'The group is determined to preserve the value of crude even in a recession'.

Canadian oil producers beset by years of constrained pipeline capacity expect to garner better prices for their crude when the expanded Trans Mountain conduit starts up next year.

Oil fell in a low-volume session, unable to withstand a rising US dollar while investors waited for upcoming supply constraints to hit the market.

Egyptian General Petroleum Corporation has signed an MoU with DNV regarding the company's net zero goals.

Gas well CW04, on the Bahr Essalam Field offshore Tripoli, had stopped production since January 2021.

One of Rigzone's regular market watchers looks at the surprise OPEC+ cut, talk of oil demand being inelastic to price, oil market volatility and more.

'There is no doubt that this is gross sabotage in international waters directed towards infrastructure'.

Neptune Energy is creating new digital twins of two offshore platforms in the Dutch North Sea.