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'A high-impact case estimates 90 percent shut-in and 16 days to recover'.

A wind repower has significant upside over a new build, Enverus Intelligence Research Vice President Scott Wilmot said.

'EIR expects global oil demand to grow to approximately 108 million barrels per day by 2030'.

The timing of the Noble Corporation-Diamond Offshore Drilling deal likely reflects bullishness for Noble about offshore activity levels globally, EIR told Rigzone.

The Norwegian Ministry of Petroleum and Energy has extended the Greater Ekofisk Area licenses from 2028 to 2048.

'Rising electric vehicle sales will eventually level off gasoline and total transportation fuel demand over the medium term'.

Electricity prices in Spain slumped to almost nothing as the nation's wind and solar parks are churning out more power than ever.

'We see Far West Texas power demand more than doubling by 2040 due to electrification trends and cryptocurrency mining growth,' EIR warned.

Element Technical Services will acquire all the issued and outstanding common shares of Essential Energy Services in an amalgamation agreement.

The work is part of a five-year contract awarded to Promethean Energy by the BSEE to decommission orphaned offshore wells.