Rigzone Industry News

Dozens of firms have expressed interest in exploring fields in Ukraine.

Gazprom plans to invest $17.6 billion in projects next year.

The EU is offering $4.38 billion in funding for projects developing decarbonization technologies or expanding the production of clean power components.

'BP favored exports, while we want to develop the gas for the domestic market'.

One of the project recipients is Atura Power, which will receive $3 million (CAD 4.1 million) to blend hydrogen with natural gas to produce electricity at Halton Hills Generating Station.

The scope of work includes well flow management and production optimization services to enhance Equinor's assets in the NCS.

After completion, NEO Energy retains a 50 percent interest in the GBA and remains its operator, with Serica and JOG holding 30 percent and 20 percent, respectively.

'The operator intends to continue its efforts to reach agreements with representatives of the Cypriot government'.

Saudi Arabia has raised $11 billion through a syndicated loan.

The congestion at Panama Canal could be to Europe's benefit.