International

Noble Corporation scores rig extension deal with ExxonMobil

Offshore drilling contractor Noble Corporation has been awarded a long-term extension for the ultra-deepwater drillship Noble Tom Madden from ExxonMobil.

In a world with too much oil, OPEC+ sweats its next move

The world is awash with oil. Yet, in less than eight weeks, OPEC+ is set to pour even more barrels into the glut.

Norway oil and gas industry assessing threatened strike escalation impact

Norway oil and gas industry is assessing the likely impact of a decision by an offshore managers union to step up a strike already thought to have cut output by as much as 330,000 b/d of oil equivalent

RENEWABLES: TOTAL ENTERS THE FLOATING OFFSHORE WIND SECTOR IN FRANCE

Total becomes a 20% shareholder in the Eolmed floating wind farm pilot project, located in the Mediterranean, off the coast of Gruissan and near Port-La-Nouvelle (Occitan region).

US Gulf of Mexico oil, gas operators continue evacuations ahead of Hurricane Delta

US Gulf of Mexico offshore oil and gas producers continued evacuating crews Oct. 6 with Hurricane Delta expected to strengthen before hitting the Louisiana coast later in the week.

Saudi Arabia Pegs Budget to Oil at Around $50, Goldman Says

Saudi Arabia’s Finance Ministry is budgeting for oil prices to be around $50 a barrel for the next three years, according to a Goldman Sachs Group Inc. analysis of the kingdom’s fiscal plans.

Deep decarbonization of the world’s energy system still 15 years away, DNV GL’s Energy Transition Outlook forecasts

Decarbonization is rising rapidly up the agenda of industry and governments, but not at the pace or depth required to meet the Paris Agreement, according to DNV GL’s forecast

Saudi Arabia Hikes Oil Prices For The Third Consecutive Month

Brent oil prices rose early on Monday after Saudi Arabia raised its oil price for a third consecutive month, signaling recovering demand