Rigzone Industry News

The Biden administration announced a plan Thursday to begin purchasing oil to refill the nation's emergency reserve.

Cheniere Energy has secure 140,000 MMBtu per day of natural gas for its Corpus Christi Stage III project through a deal with ARC Resources.

Equinor and Aker BP have agreed to make the latter the operator of all discoveries in the NOAKA area.

Equinor is extending its contracts with Baker Hughes, Halliburton, and Schlumberger for integrated drilling and well services on its fields on the Norwegian continental shelf.

U.S. shale oil and gas producers are on the cusp of making back their losses from the last decade.

The U.S. Department of Energy has announced more than $2.3 billion for the advancement of diverse carbon management approaches that reduce CO2 pollution.

The kickoff for the realization of Gastrade's LNG FSRU in Alexandroupolis took place in the Alexandroupolis Port Customs on May 3, 2022.

Oil settled at the highest in nearly three weeks after a volatile session that saw the market eventually pivot back to supply concerns stemming from a European Union's proposal to sanction Russian oil.

Maersk Drilling has won a contract with Aker BP for the jack-up rig Maersk Invincible for work on the Ivar Aasen field off Norway.

Over 100 vessels will be getting Kongsberg Digital's vessel-to-cloud infrastructure, Vessel Insight.