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Updated: 2 hours 14 min ago

Sembmarine Bags Two Deals Worth $400MM+

Thu, 12/26/2019 - 08:00
Sembcorp Marine Offshore Platforms Pte. Ltd. clinches two offshore platform contracts worth over $405 million.

Kidnapped SPO Crew Released

Thu, 12/26/2019 - 08:00
SPO revealed that the seven crew members of the Pacific Warden who were said to have been taken by attackers in November offshore Equatorial Guinea have been released.

Oil Up on US Inventory Drop and Trade Deal Optimism

Thu, 12/26/2019 - 08:00
Oil rose for a third session as an industry report showed American inventories shrank and as optimism over a partial U.S.-China trade deal grew.

Leviathan Delays Start of Commercial Operations

Tue, 12/24/2019 - 08:00
The launch of production at Israel's Leviathan natural gas field has been delayed pending permits from the Ministry of Environmental Protection.

Permian Gas Problem Getting Worse

Tue, 12/24/2019 - 08:00
America's top shale field is becoming increasingly gassy as drilling slows down.

TAQA Secures $3.5B Revolving Credit Facility

Tue, 12/24/2019 - 08:00
Abu Dhabi National Energy Company PJSC (TAQA) revealed Monday that it has secured a $3.5 billion revolving credit facility.

Allseas Suspends Nord Stream 2 Pipelay Activities

Tue, 12/24/2019 - 08:00
Allseas has suspended its Nord Stream 2 pipelay activities 'in anticipation of the enactment of the National Defense Authorization Act'.

Oil Up as US Crude Stockpiles Seen Shrinking

Tue, 12/24/2019 - 08:00
Oil traded above $60 a barrel ahead of U.S. government data forecast to show crude stockpiles shrank.

Oil Analysts See Few 2020 Fireworks

Tue, 12/24/2019 - 08:00
Oil prices are likely to remain in check during 2020 as OPEC+ production cuts are offset by higher output from other countries and a mixed outlook for demand, according to analysts.

Germany Expects Gas Pipeline Delay

Mon, 12/23/2019 - 08:00
The Nord Stream 2 gas pipeline will be delayed and more costly due to U.S. sanctions but should be completed in the second half of next year, a senior German official said.

Oil Inches Higher

Mon, 12/23/2019 - 08:00
Oil edges higher in light trading, but the rally was limited on news that Kuwait aimed to reach a deal with Saudi Arabia that will restore crude output along their border.

Louisiana LNG Unit Starts Production

Mon, 12/23/2019 - 08:00
Another liquefaction train at Cameron LNG has begun production.

Exxon Hits More Oil Pay Offshore Guyana

Mon, 12/23/2019 - 08:00
Exxon Mobil Corp. and Hess Corp. Monday reported another oil discovery offshore Guyana at the Mako-1 well southeast of the Liza Field.

Guyana Becomes Oil Producer

Mon, 12/23/2019 - 08:00
Exxon Mobil Corp. and partners Hess Corp. and CNOOC Limited reported over the weekend that the Liza field in the Stabroek Block offshore Guyana has achieved first oil.

Oilfield Services Looking Beyond Oil and Gas

Mon, 12/23/2019 - 08:00
As the majors have diversified into power and renewable energy storage, oilfield service contractors have followed suit.

The 2019 Downstream Countdown: 20 to 16

Mon, 12/23/2019 - 08:00
Here's a recap of the top downstream articles on Rigzone since Jan. 1, 2019, starting with numbers 20 through 16.

OPEC's Production Cut Has Limited Upside for Oil Prices

Mon, 12/23/2019 - 08:00
Demand concerns and an expected flood of non-OPEC barrels could bring the group uncertain rewards and limited price support.

Popular Middle East Oil Falls from Favor

Mon, 12/23/2019 - 08:00
Abu Dhabi's Murban is falling out of favor as the world's top refiners seek out other types of crude ahead of a historic ship-fuel overhaul.

Damen Shipyards Group Appoints New CEO

Mon, 12/23/2019 - 08:00
Damen Shipyards Group revealed Monday that Arnout Damen will become the new CEO of the business.

Shell Makes Significant Find Offshore Australia

Mon, 12/23/2019 - 08:00
Shell announces a 'significant' gas and condensate discovery in the Browse Basin off the North West Coast of Western Australia.

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