Rigzone Industry News

Shell completed the sale of Indonesia's Masela block for $650 million.

Abuja has now avoided paying 'a sum so vast that it is material to Nigeria's entire federal budget'.

It follows similar agreements with Shell and TotalEnergies this month.

Projects under the program will be developed and executed through a partnership between Enbridge Sustain and Blackstone Energy Services.

Under the terms of the contract, the two companies will work as an integrated team to prepare and remove the 20,000-metric-ton topside.

'There's room to the upside for prices'.

Oil closed at the lowest in more than a week amid signs the crude market's tightness has slackened and the Israel-Hamas war will remain contained for the time being.

Based on 3D seismic data, the prospect is close to prolific gas fields, has easy access to a gas pipeline with excess capacity, and targets gas sands at about 8,000 feet.

Navigator cited unpredictable regulatory processes.

The Cape May county government is leading a lawsuit against USA federal agencies alleging disregard for environmental diligence in the approval of Ocean Wind 1.