Rigzone Industry News

The water level at a key German chokepoint on the Rhine River is forecast to surge early next week.

Norway's $1.3 trillion sovereign wealth fund posted its biggest loss on record as rate hikes, surging inflation and Russia's invasion of Ukraine spurred volatility.

Audubon Engineering Company has been hired by LLOG Exploration Offshore to support the Salamanca floating production system project.

Oil fell for the week as lingering concerns over a global economic slowdown overshadowed signs of improving US demand.

Approximately 20 percent of the U.S. peanut crop is produced in Texas.

Stillstrom has announced that it will collaborate with the Port of Aberdeen on a project to reduce emissions from vessels on standby outside the port.

Oil and gas companies in Norway have raised their total investments for both 2022 and 2023, according to a survey by the national statistics office.

Earlier this week, Elon Musk joked that he was buying Manchester United FC.

Aker Energy has delayed the submission of its development plan for the Pecan field off Ghana due to the involvement of Russia's Lukoil.

Recession fears remain elevated for key markets.