Rigzone Industry News

The Norwegian Ministry of Petroleum and Energy has sent a proposal for the announcement of the APA 2023 licensing round.

Oil erased gains from the past two sessions as earnings from multiple US companies disappointed, potentially signaling a dour short-term outlook for energy traders.

Semco Maritime has been contracted by Cadeler to upgrade the crane capacity on the latter's O-class wind farm installation vessels.

The FPSO for BP's Greater Tortue Ahmeyim LNG project has started its journey toward the project site off the coasts of Mauritania and Senegal.

India has become the largest seaborne importer of Russian crude following the EU ban on seaborne oil imports and the G7 price cap for exports.

Rovco has penned an initial three-year charter of the multipurpose support vessel, Glomar Supporter as part of its growth strategy within its site characterization business unit.

The 2020s will be remembered as the energy storage decade. By 2030, the installed energy storage is supposed to increase fifteen-fold when compared to 2021.

The U.S. dropped four rigs week on week.

'The Chinese reopening has been negative for oil prices in the very short run'.

The Texas oil and natural gas industry has paid $24.7 billion in state and local taxes and state royalties – by far the highest total in Texas history.