Rigzone Industry News

The Department of the Interior has announced steps to bring the opportunity of offshore wind energy to the Gulf of Mexico.

Offshore EPC spend is expected to total $276 billion, a 71 percent increase compared to the preceding five-year period, Westwood says.

Eni has signed a new PSC for blocks 404 and 208 in Algeria with Sonatrach, Oxy, and TotalEnergies.

Allseas has removed and transported to shore Repsol's massive 30,000-ton Gyda platform following the recent removal of the platform jacket.

Sparrows Group has been contracted by a major UKCS operator for crane management services in the North Sea.

Nigerian National Petroleum Corporation, Nigeria's state-owned energy firm, has been rebooted as a commercial entity without relying on government funding and direct control.

Russian President Vladimir Putin signaled that Europe would start getting gas again through a key pipeline but warned that unless a spat over sanctioned parts is resolved, flows will be tightly curbed.

Norwegian oil major Equinor has resumed production from the Peregrino field offshore Brazil after more than two years offline.

Oil rose for a second day following a rally in equity markets as thin liquidity left crude susceptible to broader moves.

Technip Energies, X1 Wind, and a consortium of 10 companies have been picked to deliver the NextFloat project.