Rigzone Industry News

Under the contract ASCO will provide base and pipe yard management services to bpTT across all its 16 offshore locations in Trinidad.

The North Sea Transition Authority (NSTA) has approved a two-year extension of the PEDL 343 license's initial term to July 20, 2026.

Boeing accused the world's biggest oil companies of doing too little to produce sustainable jet fuel as frustration inside the aviation industry grows about the lack of supply.

Eni resumed its oil and gas production growth trajectory in the fourth quarter but saw profit decline as selling prices declined for not only oil and gas but also renewables.

Qatar's ruler laid the foundation stone for a project expected to raise the Gulf state's petrochemical production to about 14 MMtpa.

Cyan Renewables placed an order at Vard for the design and delivery of a tailored hybrid power service operation vessel.

The European Commission has opened applications for AggregateEU, which now allows longer gas contracts between buyers in the EU and international suppliers.

The Singapore-based company is aiming to invest $40 million to $100 million in the clean energy sector of the Philippines within the next two to three years.

One energy expert is now saying the IEA's forecasts have become politicized by its member countries' climate goals.

Oil fell as concerns about a longer period of elevated interest rates weighed on broader sentiment, countering signs of a tightening physical oil market.