Petrobras has let two flexible pipe contracts to TechnipFMC for use in multiple basins offshore Brazil. One award, valued by TechnipFMC at $250-500 million, is to design, engineer, and manufacture ...

A group of EU member states, including the biggest economies Germany and France, are arguing that the bloc should allow more flexibility in its currently binding 90% full-storage target by November 1 ...

Deep beneath Utah’s desert soil, an oil drill bored through the Earth at a blistering pace earlier this spring. Gnarly looking drill bits tore through granite at around 300 feet per hour. It was done ...

As the world transitions toward renewable energy sources, geothermal power has emerged as one of the most promising, yet underutilized, options in the clean energy portfolio. Unlike solar and wind, ...

Perma-Pipe received technical and commercial approval from Aramco allowing it to expand its business opportunities in Saudi Arabia through a direct pathway to the oil and gas sector. Perma-Pipe ...

(Update) September 30, 2025, 4:45 PM GMT+1: Article updated with IOGP comment. Oil and gas companies need to brace for a tough 2026, Wood Mackenzie warned in a statement sent to Rigzone recently. In ...