Rigzone Industry News

Oil eased off yearly highs, capping a tumultuous week that saw the Federal Reserve flagging a further rate hike and Russia banning diesel exports.

The funding is for projects that enable the commercial-scale deployment of clean hydrogen.

The assets are currently producing about 2,400 boepd.

The U.S. Coastguard announced this week that it performed CPR on a man after a crane collapse near Memphis.

The grants target state, local, and tribal programs and policies that cut climate pollution, advance environmental justice, and deploy clean energy solutions.

McDermott has been contracted by PRIO for a transport and installation job for the Wahoo field.

The Biden administration has been ordered by a federal judge to expand its sale of Gulf of Mexico oil leases later this month.

BP has signed an MOU to support a study on potential gas supply and carbon dioxide injection projects in Indonesia.

Vietnam's upstream sector outlook is brightening, according to analysts at BMI, a Fitch Solutions company.

Union Jack Oil has acquired a 3.22 percent interest in Beacon Energy.