Rigzone Industry News

The Chief Commodities Analyst at SEB said 'OPEC+ wants a nice price'.

'The CMI14 well, the first of 17 contemplated in this year's business plan, represents an important milestone for the increase in production of this joint venture'.

Under the agreement, ARC will deliver approximately 200 MMcfpd of natural gas for liquefaction for 20 years when commercial operation starts.

The electrification project will reduce annual CO2 emissions from the Norwegian continental shelf (NCS) by 160,000 metric tons annually.

An advisory firm recommended Woodside shareholders vote to remove Chairman Richard Goyder over the company's climate strategy.

Shelf Drilling received notification from a Middle Eastern customer that the latter would suspend the operations of four jack-up rigs.

A joint venture consortium of PGS, TGS and SLB has started a multi-client 3D seismic project in the Penyu Basin, offshore Peninsular Malaysia.

The Danish pension fund P+ said it will no longer invest in oil and gas companies that are expanding production.

Brent crude climbed above $90 a barrel for the first time since October as the conflict in the Middle East showed signs of escalating.

The investment was announced after MicOcean said it plans to supply Japan through newly acquired assets in key LNG exporter Australia.