Saipem Bags $1.5B Offshore Contract
In a statement sent to Rigzone recently by the Saipem team, Saipem announced that it has been awarded…
B&W, Denham Capital Partner to Power Data Centers
Denham Capital Management LP and Babcock & Wilcox Enterprises Inc (B&W) have signed a partnership agreement to produce electricity…
JERA Plans to Buy 1 MMtpa for 20 Years from Alaska LNG
JERA Co Inc and Glenfarne Group LLC announced Wednesday a letter of intent for the Japanese utility’s offtake…
Norway Premier Holds Fast to Fossil Fuels
Norwegian Prime Minister Jonas Gahr Store said the gas-rich nation will continue to hunt for fossil fuels even…
Oil Steadies After OPEC Output Hike
Oil steadied as traders weighed an OPEC+ decision to raise production at a modest against Saudi Aramco’s reduction…
Oil Prices Trading Above JPM Analyst Fair Value Estimates
In a J.P. Morgan report sent to Rigzone on Friday by Natasha Kaneva, head of global commodities strategy…
OPEC Opts for 137K Bpd Production Adjustment
A statement posted on OPEC’s website on Sunday revealed that Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan,…
Honeywell Modular LNG Tech Selected for Mexican Export Facility
Honeywell International Inc. has been contracted to deliver its modular liquefied natural gas (LNG) pretreatment technology and Integrated…
Permex Signs $3MM Option Agreement to Acquire Producing Wells
Permex Petroleum Corporation said it has entered into an option agreement to purchase producing oil and natural gas…
Oil Drops to Lowest Since May Ahead of OPEC Talks
Oil fell to the lowest since May ahead of a weekend OPEC+ meeting where Saudi Arabia will seek…
Permex Signs $3MM Option Agreement to Acquire Producing Wells
Permex Petroleum Corporation said it has entered into an option agreement to purchase producing oil and natural gas…
Slovak Gas Utility EPIF Sees Profit Dented by End of Russian Flows
Slovak natural gas and power utility EP Infrastructure AS (EPIF) has reported EUR 524 million ($611.86 million) in…