Rigzone Industry News

Kent has announced a partnership with CGG for opportunities to reduce carbon emissions in the energy sector.

The infrastructure is dated and may be prone to faults and hiccups.

Petrobras approves the closing of the competitive process for a 50 pct stake in the Marlim oil field, which means that the cluster is no longer for sale.

The discovery is said to have excellent reservoir quality.

Oil ended volatile session lower as a stronger U.S. dollar offset a potentially bullish impact from plans by the U.S., European Union and Group of Seven nations to install new round of sanctions on Russia.

There is a soaring demand for Australia's gas resources, pushing exports to record levels and helping fund public services and infrastructure.

The $650 million Climeworks secured is the largest sum ever raised by a carbon-dioxide removal company.

IOG will need to conduct additional process and safety studies on the Blythe platform before it can resume production.

Exxon Mobil Corp. signaled its highest profit since 2008.

Verisk Maplecroft analysts have identified the Middle East and North Africa's top five oil supply risks.