Rigzone Industry News

The agreement includes the future receipt of new crude oil volumes at Jefferson Energy's Main Terminal in Beaumont, Texas.

SLB and Aker Carbon Capture closed their previously announced joint venture, which includes the sale by ACC ASA of 80 percent of its shares in Aker Carbon Capture Holding to a subsidiary of SLB.

TGE is the operator of REX and will own 100% of the common equity interest in REX following the transaction.

Triangle received federal approval for its application to have the Cliff Head oil field in Western Australia declared suitable to be transformed into a CCS site.

The agreement targets 400-500 MMcfpd of gas.

India is reportedly in talks with Equinor for its participation in the country's strategic petroleum reserves, as well as for long-term LNG deals from the company's US and Qatar portfolios.

The EIB agreed to provide advisory support for the construction of two large pumped-storage hydropower plants in Bulgaria.

An Argentinian oil union said it will hold a 48-hour strike to demand higher salaries, potentially affecting production at the Vaca Muerta shale patch.

Gordon is a leading provider of measurement while drilling (MWD) technology to the oil and gas industry.

The PSC replaces Petronas' technical service agreement with Petra Energy.