Rigzone Industry News

The Jawa Satu FSRU will receive LNG from carriers in ship-to-ship transfer operations.

Crude prices are likely to stay between $80 and $100 a barrel this year, according to Vitol Group.

Oil fell to settle near $85 a barrel, dropping from a five-month high alongside lower equities, as traders assessed diplomatic efforts in the Middle East.

Petro-Victory Energy Corp, a publicly traded company engaged in acquiring and developing crude oil and natural gas resources in Brazil, has found more oil in the Sao Joao field.

ARO Drilling has received a notice of suspension for one of its 19 contracted rigs.

The purchase 'solidifies Mountain V's position as a reliable and sustainable producer of oil and gas'.

BP expects to report a strong performance from its trading business for the first quarter.

PEMEX revealed that a fire broke out on one of the platforms of the Akal-B Process Center in the Campeche Sound.

Baker Hughes said its NovaLT12 turbines will provide the option to run on 100 percent natural gas or hydrogen blends up to 10 percent.

Prepare for more turmoil, lower inventories, and higher prices, Bjarne Schieldrop, the Chief Commodities Analyst at SEB said in a report sent to Rigzone.