Rigzone Industry News

BP is seeking to get rid of its oil assets in Mexico amid a shift in its business strategy.

McDermott International has been awarded a Pre-FEED contract from Woodside Energy for the proposed H2Perth project.

A new round of windfall taxes would leave the UK facing decades of energy insecurity, heap further costs on consumers, and make the nation more dependent on other countries for gas and oil.

Jet fuel demand has come back with a vengeance.

Aramco is currently ranked second in a list of the world's largest companies by market cap.

On Monday morning the airport announced that it was carrying out some unscheduled maintenance work.

Keppel has won a tender from Petrobras for the engineering, procurement, and construction of the P-80 FPSO for about $2.9Bn.

Germany's Schwedt oil refinery has started processing US crude blended with Russian Urals.

Tamboran cleared to drill up to seven wells in the EP 136 permit - including the Maverick 1H well.

Oil settled below $90 a barrel as softer economic data from China and a potential breakthrough in negotiations with Iran eased pressure on crude markets.