Rigzone Industry News

'Announced projects in the world still won't make up for the supply needed when considering the energy transition that will take several decades'.

'Markets will remain on tenterhooks as the crisis unfolds'.

Dana Petroleum has confirmed a new hydrocarbon discovery in the UK North Sea.

SBM Offshore has been contracted to deliver FEED for an FPSO vessel for ExxonMobil's Whiptail development project in Guyana.

Aker BP has joined the Oil and Gas Methane Partnership.

Private market equity and grant funding for climate tech startups globally totaled $65 billion in the 12 months ending September.

Tourmaline expands its acreage in the Alberta Deep Basin.

Shell Plc shares hit a record high.

Oil edged lower as the US stepped up diplomatic efforts to stop the Israel-Hamas conflict from spreading and neared a deal to increase crude exports from Venezuela.

U.S. Senator Bill Cassidy and 15 other colleagues said the rule was a 'clear attempt' to shut down oil and gas operations in the U.S. Gulf of Mexico.