Rigzone Industry News

Empire sold the operating entity for all its oil and gas assets in the U.S. to PPP Future Development for $9.1 million.

The project involves the subsea tie-back of one production well at Sunspear to the Prince platform.

The company deploys crews to decommission orphaned oil and gas wells nationwide and generate carbon offsets.

The legislation was approved by a 383-11 vote.

SBM Offshore will construct and install the floating production, storage and offloading unit (FPSO) Jaguar.

The refinery has a crude oil processing capacity of 7 million metric tons per year.

North America added rigs week on week, according to Baker Hughes' latest rotary rig count.

Mexico's leading presidential candidate would spend around $13.6 billion to boost her country's use of renewable energy while still adding gas-burning power plants.

Germany received clearance from the European Commission for $2.3 billion in state support for projects to migrate industrial sectors from fossil fuels to renewable hydrogen, as well as projects to electrify industrial processes.

ENAP's decarbonization plan will adopt targets for 2035 and 2050.