U.S. government is proposing measures to cut methane emissions resulting from oil and gas operations as part of Biden’s commitment to action on climate change.
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Two giant offshore drilling contractors are encouraged by meaningful signs of improvement in the market and increase in rig day rates.
The post Offshore drillers see meaningful improvement in market environment appeared first on Offshore Energy.
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Petronas has awarded a Production Sharing Contract for Block PM524, located offshore Malaysia, to Posco International and Petronas Carigali.
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Neptune Energy has completed a study with EDF to measure methane emissions on a working UK offshore platform using drone technologies.
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Offshore rig owners are reaping the benefits of market recovery with more and more players hiring rigs for their exploration plans.
The post Fresh contracts pour in for offshore rig owners as market continues to recover appeared first on Offshore Ene…
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