
BP is closing in on first oil from its Azeri Central East (ACE) project in Azerbaijan by completing the topsides sailaway and installation.

Equinor has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

Equinor has secured a drilling permit from the country’s authorities for two wells in the Norwegian Sea.

Methanol producer Proman and carbon-negative materials company Origin Materials have entered a strategic partnership centered on low-carbon biofuel production utilizing Origin’s technology platform and Proman’s fuels capabilities and expertise. Specifically, the two companies signed an agreement to

OKEA will be taking over the operatorship next month from the compatriot player, DNO Norge, at the Brasse license in the North Sea.

Diamond Offshore has tucked under its belt new contracts and extensions for its rig fleet in the U.S. Gulf of Mexico, the UK, and Senegal.

Valaris revealed a pricing of $400 million upsized private placement of additional 8.375 per cent senior secured second lien notes due 2030.

Quattro Energy Limited has agreed on a long stop date extension for the acquisition of United Oil & Gas’ license in the Central North Sea, which includes an existing hydrocarbon discovery.

OMV has started drilling an exploration well in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.

Norwegian regulator has given Equinor its consent to use a COSL Drilling-owned rig for production drilling at a field in the North Sea.

Romania’s National Agency for Mineral Resources has endorsed the development plan for a massive deepwater natural gas project in the Black Sea.

TotalEnergies and SOCAR have inked a deal, which will enable each to sell a 15 per cent participating interest in a gas field off Azerbaijan.

Norwegian seismic company TGS has completed what it describes is a “key project” in the North Sea and started the next one in the same area. The projects are being carried out using the TGS Z700 ocean bottom node (OBN) crew. According to TGS, this crew has completed two projects during this North Se

Baker Hughes’ international rig count report shows a boost in the number of offshore rigs in July 2023, as 6 additional units were recorded compared to the month before.