Parkmead has launched a farm-out process to find a partner for the development of an oil project in the North Sea.
U.S. oil and gas majors Chevron and ExxonMobil both posted record profits for the second quarter of the year.
Offshore drilling contractor Stena Drilling has signed a new contract with oil major Shell in the UK for its drilling rig Stena Don.
After wrapping up its previous job, a jack-up rig is preparing to embark on its 2022 – 2023 drilling campaign in the Black Sea off Turkiye.
Norway’s offshore safety regulator has granted Aker BP consent for life extension for a field located in the North Sea off Norway.
BP has achieved what it says is a major milestone on the Azeri Central East (ACE) project in Azerbaijan.
Aquaterra Energy has won a high-pressure high temperature (HPHT) subsea riser contract with oil and gas operator Umid Babek Operating Company (UBOC) for the exploration of its HP well on the Babek project in Azerbaijan. Aquaterra Energy will deliver its 15,000 psi subsea riser system, using the AQC-
Shell achieved record profits in the second quarter of the year on the back of higher oil and gas prices and refining margins.
Norwegian energy giant Equinor has seen a significant increase in its quarterly profit driven by high production and energy prices.
Oil and gas company Neptune Energy has started drilling the Ofelia exploration well in the Norwegian sector of the North Sea.
EnQuest has awarded a long-term contract extension to Petrofac to continue supporting a platform in the UK North Sea.
Offshore drilling contractor Transocean has secured new contracts and extensions for its rigs with notable day rate increases.
Shell has taken the final investment decision to develop the Jackdaw gas field in the UK North Sea, following regulatory approval earlier this year.
Shell and its partner Deltic Energy have decided to drill a high-impact well on a gas prospect in the UK sector of the North Sea.
