Top Headlines: Massive Heerema Thialf Vessel To Start Kinsale Head Removal

Oil & Gas

Here are some of Rigzone’s top stories during the last week, just in case you missed them…

Massive Heerema Thialf Vessel To Start Kinsale Head Removal

Heerema’s semi-submersible crane giant Thialf is set to kick off the Kinsale Head platform removal campaign for PSE Kinsale Energy in May.

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OPEC Kingpins Sound Alarm

Bloomberg reported that the oil ministers of Saudi Arabia and the United Arab Emirates warned that spare capacity is decreasing in all energy sectors.

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Biden Scraps Offshore Oil Auctions

Bloomberg also reported that the Biden administration is scrapping planned auctions of drilling rights in the Gulf of Mexico and Alaska’s Cook Inlet.

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USA Gasoline Price Hits New Record

The average price of regular gasoline in the U.S. hit a new record of $4.37 per gallon on Tuesday, according to the AAA gas prices website.

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Stagflation Appears to be Here and Now Says Energy Expert

In a recent recurring prognosticator article, one of Rigzone’s regular market watchers looked at the issue of stagflation, oil and gas prices, first quarter results and more.

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Ukraine Disrupts Gas Deliveries to Europe for First Time

Gas flows into Europe from Russia were put under further pressure on Tuesday after a key pipeline in Ukraine was closed, a market note sent to Rigzone outlined.

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