Industry News

Rigzone delivers the latest headlines for Oil and Gas industry news; analysis of issues and events; practical technology for design, operation and maintenance; and important statistics on international markets and activity.

12/14/2017: Aker BP Submits $1.8B Field Development Plans

Aker BP ASA has submitted development plans for the AErfugl (formerly Snadd), Valhall Flank West and Skogul (formerly Storklakken) fields to the Norwegian Ministry of Petroleum and Energy.

12/14/2017: UKCS Operating Costs Drop

Operating costs in the UK Continental Shelf (UKCS) dropped by 14% in 2016, with operators securing reductions of approximately $1.5 billion.

12/13/2017: Oil Prices Up Slightly On Pipeline Outage Support

Oil prices rose almost 1% as a pipeline outage in Britain continued to support prices.

12/13/2017: BLOG: Attitudes About Age Cut Both Ways

What are two ways that you can protect yourself against age discrimination?

12/13/2017: The Oil and Gas Industry Wakes Up to Blockchain

Blockchain has emerged as a powerful ledger platform that reduces enormous complexities in the supply chain.

12/13/2017: Subsea Sector Still Supports Around 45,000 Jobs in UK

The subsea sector still supports around 45,000 jobs in the UK, despite the recent downturn in oil and gas, according to Subsea UK's latest business activity review.

12/13/2017: OGTC Launches Fund to Find New Digital, Decommissioning Technologies

The Oil & Gas Technology Centre launches a $2.6 million (GBP 2 million) fund to find new digital and decommissioning technologies.

12/12/2017: Oil Slips As US Gasoline Stock Build Overshadows Crude Draw

Oil prices slipped for a second straight day.

12/12/2017: Will Oil Producers Do As They Say Or Do As They Sell?

North America's oil producers have adopted a meek tone of late. But the numbers suggest they're locked and loaded heading into 2018.

12/12/2017: OPEC Sees Balanced Oil Market By Late 2018 As Cuts Erode Glut

OPEC expects the world oil market to be balanced by late 2018.