
As the final day of the COP26 conference is approaching, the pressure to end the era of fossil fuels is mounting and all eyes are on Glasgow.

Equinor is putting together a team of Norwegian suppliers for the development of its operated Wisting field in the Barents Sea.

Aker BP has concluded the drilling of a wildcat well in the North Sea and encountered a minor oil discovery, which is not commercial.

Oil major ConocoPhillips has submitted its plan for the development and operation of a field in the North Sea to Norwegian and UK authorities.

Deltic Energy has completed the farm-out agreement of five of its gas licences in the Southern North Sea with Cairn Energy.

Echoing the sentiment of its rivals Transocean and Valaris, Noble has said it is seeing consistent signs of recovery in the offshore rig market.

Borr Drilling now has 17 rigs contracted or committed amid strong demand for offshore rigs and is on track to fully contract its fleet by 2022.

Wintershall Dea has begun the last part of the Nova drilling campaign from the Scarabeo 8 rig after originally starting about a year ago.

Norwegian oil and gas company Aker BP has started production from the Ærfugl phase 2 project located in the Norwegian Sea.

Norwegian oil and gas company Vår Energi has taken out a loan of $6 billion from 12 different banks as part of its refinancing strategy.

Neptune Energy has completed a study with EDF to measure methane emissions on a working UK offshore platform using drone technologies.

Driven by higher oil and gas prices, BP saw its profit soar in the third quarter of 2021 when compared to the same period last year.

Offshore rig owners are reaping the benefits of market recovery with more and more players hiring rigs for their exploration plans.

Following the sail away of two bridges and a flare, McDermott is focusing on completing a final piece of the puzzle for Tyra.