Rigzone Industry News

Oil rose as traders shrugged off President Joe Biden's remarks about taming energy prices.

'Market participants will be hoping to avoid any major supply outages and abnormally cold weather'.

Rigzone takes a look at where diesel prices are heading.

Oil fell as the prospect of additional supplies from strategic reserves assuaged market concerns of a tight market heading into Northern Hemisphere winter.

Equinor has become the first oil and gas operator to utilize a rolling ultrasound scanner to reveal the internal state of concrete structures that are part of offshore platforms.

The U.S. is planning to auction in December leases for offshore wind farms in California waters.

Two NGOs concerned with the environment have launched a campaign calling on TotalEnergies to renounce its offshore oil & gas projects in South Africa.

Equinor has awarded six contracts to five shipowners for a total value of more than $235 million including options.

Aramco is establishing two offshore fabrication yards to double Saudi Arabia's offshore fabrication capacity.

The development 'promises to usher in a new era of prosperity and stability in the Middle East'.