FEATURED STORY
Generative AI Will Have Profound Impact Across Sectors
Monday June 12, 2023
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Rigzone speaks to Hussein Shel, an Energy Enterprise Technologist at Amazon Web Services.
Industry Headlines
Oil Tumbles Alongside Goldman Forecast
Monday, June 12, 2023Physical markets are not painting a rosy picture.
Short Sellers Refuse to be Cowed
Monday, June 12, 2023One of Rigzone's regular market watchers takes a look at the new production cut from Saudi Arabia, recent oil price moves, market volatility, and more.
Shell CEO's New Strategy Sees Long Term Future for Natural Gas
Monday, June 12, 2023Shell Plc sees a long-term role for natural gas in the world's energy mix .
API Announces Upcoming Inspection Training Courses
By API As a global leader in the natural gas and oil industry for more than a century, API, through its API-U division, provides expert training to industry personnel around the world.
Iran Says There Are No Negotiations with USA Over Nuclear Deal
Monday, June 12, 2023Iran denied reports it's in talks with the U.S. over an interim nuclear deal to get sanctions relief.
Generative AI Will Have Profound Impact Across Sectors
Monday, June 12, 2023Rigzone speaks to Hussein Shel, an Energy Enterprise Technologist at Amazon Web Services.
Carbon Capture, CO2 Removal to Play Key Decarbonization Role: S&P Global
Monday, June 12, 2023CCS and CDR will “play a key role in decarbonization” targets of companies.
UK Government Announces New Oil and Gas Tax Changes
Monday, June 12, 2023The UK government says the tax changes are set to protect energy security and British jobs.
EU Posts 2.8 Percent Lower Fossil Fuel CO2 Emissions for 2022
Monday, June 12, 2023The EU emitted an estimated 2.4 gigatons of CO2 from energy production using fossil fuels in 2022.
Aker BP Completes Record-Breaking Drill for North Sea Discovery
Monday, June 12, 2023Aker BP has raised expected reserves from the discovery to 53-90 MMboe after a record drilling.
USA Buying 6MM Barrels to Refill SPR
Monday, June 12, 2023The USA wants to get the SPR to its would-be level had it not been for releases induced by the Ukraine war.
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Most Popular Articles
Exploration
Americas Exploration Heats Up
Thursday, June 08, 2023Exploration in the Americas is heating up, with TGS announcing three projects in the region over the past few days.
Latest Troll Try Spits Dust
Monday, June 05, 2023The development follows a spate of discoveries near the field.
TGS, PGS, Schlumberger to Start 3D Seismic Survey Off Malaysia
Wednesday, May 31, 2023TGS, in partnership with PGS and Schlumberger, has secured pre-funding for a 2,658 square mile multi-client 3D seismic survey offshore Malaysia.
China Is Drilling a 10K Meter Deep Hole Into Earth's Crust
Wednesday, May 31, 2023Chinese scientists have begun drilling a 10,000 meter hole into the Earth's crust.
Aker BP Makes Significant Oil Find Offshore Norway
Friday, May 26, 2023Aker BP said the discovery enhances the resource base for the Yggdrasil development.
Petrobras Blocked from Drilling at Key Offshore Exploration Zone
Thursday, May 18, 2023Brazil's environmental authority has rejected Petrobras' request to drill its first well at an offshore oil frontier known as the Equatorial Margin.
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Production
Chevron Starts Up Gorgon Extension Project
Friday, June 09, 2023The second stage of the Gorgon field project offshore Western Australia has begun producing gas.
ConocoPhillips Starts Nuna Oil Field Development in Alaska
Wednesday, June 07, 2023ConocoPhillips expects a peak oil rate of 20,000 barrels per day from Nuna.
Petrobras Begins FPSO Production at Buzios
Tuesday, June 06, 2023The FPSO Almirante Barroso platform can produce up to 150,000 barrels of oil and 211.89 MMcf of gas daily.
Wenchang Deep-Sea Floating Wind Project Connected to Grid
Monday, June 05, 2023CNOOC Limited has connected the Wenchang deep-sea floating demonstration project to the grid for power generation.
TotalEnergies Inks Agua Marinha PSC in Brazil
Saturday, June 03, 2023TotalEnergies has secured its share in the Agua Marinha block in the Campos Basin offshore Brazil.
ADNOC Drilling Beefs Up Hybrid Land Rig Fleet
Friday, June 02, 2023According to its website, ADNOC Drilling's rig fleet has grown fourfold in 22 years.
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Finance and Investing
Macquarie Investments at Odds with Energy Transition Commitments: IEEFA
Monday, June 12, 2023The IEEFA found that Macquarie has almost $3.37 billion invested in high-growth oil and gas companies.
Saudi Oil Cut Risks Leaving Bitter Taste for Budget
Thursday, June 08, 2023Saudi Arabia's plan to slash oil production by around 10 percent may hit its finances hard.
USA Shale Seen Holding Firm on Returns
Tuesday, June 06, 2023U.S. shale producers will stick to their previously announced plans for 2023.
Par Pacific Completes Buy of ExxonMobil Refinery
Tuesday, June 06, 2023The divestment includes the Silvertip pipeline and ExxonMobil's 40 percent stake in the Yellowstone pipeline and Yellowstone Energy LP.
Shell And Idekapital Invest $90MM in Kongsberg Digital
Monday, June 05, 2023Kongsberg Digital has secured a $90 million investment from Shell Ventures and Idekapital.
Equinor Regains $108MM Shares in Buyback's Second Tranche
Thursday, June 01, 2023Equinor bought almost 2.55 million own shares on the Oslo Stock Exchange for an average price of about $27.
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Company Operations
Norway's Var Energi Partners with Halliburton to Improve Drilling in NCS
Monday, June 12, 2023The partnership involves drilling services for Var Energi's assets across the Norwegian Continental Shelf.
Step Change in Safety Executive Director Rae Steps Down
Monday, June 12, 2023Steve Rae, the executive director of Step Change in Safety, has decided to step down.
Petrofac Expands Gulf of Mexico Decom Scope of Work
Monday, June 12, 2023Petrofac has expanded its decommissioning work offshore Gulf of Mexico.
ADNOC Acquires Two New Rigs
Saturday, June 10, 2023The two new rigs will be deployed into operation by the fourth quarter.
Eni Inks Deal to Build Hybrid Renewables-Gas Plant in Kazakhstan
Friday, June 09, 2023Eni said the hybrid power plant will be the first of its kind in Kazakhstan.
Gas South Inks Plumbing Deal for Its Consumers
Thursday, June 08, 2023The deal offers households in Georgia state lower costs for pipe repairs and other home energy needs.
Masdar Secures Land to Advance with 10 GW Egypt Wind Project
Wednesday, June 07, 2023Masdar signed a deal securing land in Egypt for the construction of what it said is Africa's biggest wind farm.
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