Rigzone Industry News

Seagull has a capacity of 50,000 barrels of oil equivalent gross.

Demand for oil and natural gas is expected to be driven by population growth and industrialization in developing economies across Asia.

BB Energy Asia has secured $210 million in funding to cover the working capital needs of the Asian trading business.

Union Jack will review planning conditions before making plans for progressing operations.

OMV and partner Wien Energie eye 200 MW in capacity.

Evaluation of logging data, sample examination, and formation pressure measurements confirm approximately 65.6 feet (20 meters) of pay in the Gamba formation.

Two giant gas tankers performed u-turns just miles from the Panama Canal.

Oil fell the most in more than three months as weak trade data from China and fresh doubts about whether the Federal Reserve has finished raising rates clouded the outlook for demand.

Energy Transfer now owns and operates more than 125,000 miles of pipelines and related assets in all the major U.S. producing regions and markets across 41 states.

A total of $440 million has been allotted by the DOE to help Puerto Ricans install rooftop solar and battery storage systems.