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Preview: Rigzone.com: Latest News Headlines

Rigzone.com: Latest News Headlines



The latest upstream oil and gas news from around the world.



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NPD Grants Lundin Permit for Appraisal Well Offshore Norway

Fri, 20 Jan 2017 00:00:00 GMT

The Norwegian Petroleum Directorate grants Lundin Norway AS a drilling permit for well 7219/12-1 A, located offshore Norway in production license 533.



SOFF Secures Services Contract for Jangkrik Project in Indonesia

Fri, 20 Jan 2017 00:00:00 GMT

Solstad Offshore ASA (SOFF) has entered into a contract with PT. Saipem Indonesia for offshore installation work on the Jangkrik FPU.



Russia's Gazprom Neft Says Launches More Wells At Arctic Oil Project

Fri, 20 Jan 2017 00:00:00 GMT

Russia's Gazprom Neft, the oil arm of gas giant Gazprom, says it has launched 2 more production wells at Prirazlomnoye offshore Arctic oil field.



Statoil Says Mistakes, Lack Of Maintenance Led To Troll, Mongstad Accidents

Fri, 20 Jan 2017 00:00:00 GMT

Accidents at Statoil's giant Troll gas field and the Mongstad refinery in October last year were caused by operational mistakes and wrong prioritisation of maintenance.



Scottish Government Reveals New Subsea Engineering Action Plan

Fri, 20 Jan 2017 00:00:00 GMT

The Scottish government reveals a new Subsea Engineering Action Plan with the aim of capturing a bigger slice of the current $61 billion (GBP 50 billion) global subsea market.



China Crude Oil Throughput Hits Daily Record In December And 2016

Fri, 20 Jan 2017 00:00:00 GMT

China's December refinery production touched new highs as facilities replenished stocks ahead of a long holiday break, lifting crude oil throughout for the year as a whole by 2.8% to another record.



IEA: OPEC Output Cuts Under Security As Market Tightens

Thu, 19 Jan 2017 00:00:00 GMT

World oil markets are slowly tightening as demand rises while investors wait to see if production cuts agreed by OPEC and other producers will be implemented as promised.



Oil Edges Up From One-Week Low As IEA Sees Tighter Market

Thu, 19 Jan 2017 00:00:00 GMT

Oil prices edged higher, but swelling US crude stockpiles limited the rebound from a one-week low.



Report: More than Half of Houston Employers to Add Staff in 2017

Thu, 19 Jan 2017 00:00:00 GMT

Staffing firm Murray Resources' recent survey reveals an increase in hiring plans for Houston employers, specifically in manufacturing, operations and engineering roles.



Statoil Tests Methane Emissions Technology in Eagle Ford

Thu, 19 Jan 2017 00:00:00 GMT

Statoil is conducting field tests of an IoT methane emissions technology.



Trump's Energy Pick Perry Softens Stance On Climate Change

Thu, 19 Jan 2017 00:00:00 GMT

As energy secretary, he would lead a vast scientific research operation credited with helping trigger a US drilling boom and advancements in energy efficiency and renewables technology.



The Church of England Conditionally Backs Fracking

Thu, 19 Jan 2017 00:00:00 GMT

The Church of England has conditionally backed fracking in the UK but warned that any development of shale gas reserves in the country must not distract or delay efforts to expand low-carbon renewable energy.



Could Trump Take Pointers from ExxonMobil's Tillerson on Cybersecurity?

Thu, 19 Jan 2017 00:00:00 GMT

President-elect Trump could take some pointers on cybersecurity from former ExxonMobil CEO Rex Tillerson.



Croatia Steps Up Plans For Buyout Of Oil Group INA

Thu, 19 Jan 2017 00:00:00 GMT

The Croatian government has stepped up plans to take full control of oil group INA by setting up a special body to prepare a model for the buyout of Hungarian energy company MOL's 49% stake.



Mercuria Introduces Blockchain To Oil Trade With ING, Socgen

Thu, 19 Jan 2017 00:00:00 GMT

Trading house Mercuria is working with banks ING and Societe Generale on the first large oil trade based on blockchain technology, as the tradition-bound oil industry tests out digital technology.



Malaysian Drilling Services Firm UMW-OG To Buy Icon Offshore

Thu, 19 Jan 2017 00:00:00 GMT

Malaysian offshore drilling services company UMW Oil & Gas Corp Bhd (UMW-OG) says it will buy offshore support vessel provider Icon Offshore Berhad after agreeing to a share sale with its major shareholder.



Lundin's Development Expenditure to Top $1B in 2017

Thu, 19 Jan 2017 00:00:00 GMT

Lundin's development expenditure in 2017 will total $1.095 billion.



Sound Energy Looks to Buy OGIF's Assets in Eastern Morocco

Thu, 19 Jan 2017 00:00:00 GMT

Sound Energy signs a non-binding heads of agreement for the acquisition of all of Oil & Gas Investment Fund's (OGIF's) assets in Eastern Morocco.



CNOOC to Drill 126 Exploration Wells in 2017

Thu, 19 Jan 2017 00:00:00 GMT

CNOOC Limited will drill 126 exploration wells and acquire approximately 5,000 square miles of 3D seismic data in 2017, according to its latest business strategy and development plan.



Oil, Gas Firms Make Global 100 Most Sustainable Corporations List

Thu, 19 Jan 2017 00:00:00 GMT

Ten oil and gas related companies have made Corporate Knights' 2017 Global 100 Most Sustainable Corporations list.