Rigzone Industry News

KBR will provide technology licensing and proprietary engineering design for a 250 kilotons per annum (KTA) phenol plant.

'It is the first time that production equipment has been re-used in a new field development on the NCS'.

'Iran is likely to intensify its operations in more easily controlled territory, such as the Strait of Hormuz,' Dryad said.

'In the Mopane complex alone, and before drilling additional exploration and appraisal wells, hydrocarbon in-place estimates are 10 billion barrels of oil equivalent, or higher,' Galp said.

The merger is expected to potentially give Eni a leading position in the UK continental shelf.

The emissions report reaffirms that gas from Inishkea West has the potential to 'eradicate the need for higher emissions intensity gas imports from the UK for up to 3 years'.

Well 7324/7-4 showed good reservoir quality.

Major investors are opposing Woodside's climate plans and the chairman's reelection.

Halliburton posted its best earnings for a first quarter in a dozen years.

Oil gained as the prospect of looser monetary policy countered a decreasing premium for geopolitical risk.