With the number of offshore rigs on a downward trajectory, Baker Hughes’ international rig count report shows five units less in October 2023 than the month before
BOEM has delayed the next offshore oil and gas lease sale for acreage in the Gulf of Mexico, pending further direction from the court.
Norwegian state-owned energy giant Equinor has made a new oil and gas discovery in the North Sea off Norway.
Shell has joined its peers in posting solid operating and financial performance for the third quarter of 2023.
Valaris has secured a plethora of new contracts and extensions for four floaters and five jack-ups in its rig fleet with TotalEnergies, Petrobras, ExxonMobil, Eni, BP, TAQA, and Perenco.
Murphy Oil has sanctioned an oilfield development project in the Cuu Long Basin offshore Vietnam, Southeast Asia.
Odfjell Drilling has boosted operational efficiency by employing a new method to complete a rig move off Namibia.
The International Energy Agency’s new report outlines that the energy world is expected to change its stripes by 2030.
Transocean has enlarged its contract backlog for the sixth consecutive quarter, expanding it to $9.4 billion at the end of 3Q 2023.
BP has achieved production growth, a reduction in net debt, and a “robust” operating cash flow, based on its results for 3Q 2023.
Trillion Energy has revealed a boost in production rates at a natural gas field in the Black Sea off Türkiye.
Chariot has secured a stamp of approval for its environmental impact assessment (EIA) on its flagship gas project offshore Morocco.
Sweden-based OX2 and Finland-based Nordkalk have announced plans to jointly investigate the opportunities for the production of e-fuel on Gotland, Sweden. Specifically, the parties will initiate a pilot study on how a facility should be planned, how the use of the area can be maximized and how the h
Hydrogen Canada Corporation (HCC) has closed its C$10 million seed round financing and signed a letter of commitment on an offtake agreement with South Korea-based E1 Corporation (E1), to develop a low-carbon hydrogen/ammonia supply chain from Western Canada to South Korea and other Asian markets. I
