Rigzone Industry News

TechnipFMC has been hired to deliver the Mero 3 HISEP project, which uses subsea processing to capture carbon dioxide-rich dense gases.

The impairment to be recorded in fourth-quarter earnings is 'primarily' related to ExxonMobil's operations off the coast of Santa Barbara.

The country's crude oil stock, excluding the SPR, stood at 431.1 million barrels on December 29.

'LNG vessels have not yet been attacked, although multiple vessels have been diverted onto longer routes to Europe and Asia'.

After a challenging year for offshore wind in the US, the country saw a mixed start to 2024 with the coming onstream of the Vineyard Wind project but the termination of Empire Wind 2.

Williams completed the purchase of six underground natural gas storage facilities with transport links from Hartree Partners for $1.95 billion.

Power generated from coal, gas and oil in the UK dropped in 2023 to the lowest since 1957 on renewable energy growth and demand slowdown.

Hoang Quoc Vuong was arrested for alleged abuse of power as part of an ongoing trade ministry investigation.

The oil market is starting the year with a worrying message from Wall Street.

Oil fell as rising gasoline stockpiles in the US signaled a shaky picture for demand, undercutting the effect of output disruptions in Libya.