Shell has decided to step up its decarbonisation efforts by boosting its low-carbon energy solutions business with investments of $10-15 bln.
Wood Mackenzie anticipates floating rig demand to skyrocket by a further 20 per cent over the next two years.
Equinor has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of Odfjell Drilling’s rigs.
An investigation has been launched after black smoke and flaring were seen coming from the liquefied natural gas (LNG) plant in Brunei.
Weatherford International has secured a long-term contract with Saudi Arabia’s Aramco for the provision of drilling services.
Norway’s state-owned energy giant Equinor has awarded Aker Solutions with a Letter of Award (LOA) to provide the subsea production system and control umbilical for its North Sea field development. The scope of work includes a complete subsea production system including two vertical subsea trees, one
TotalEnergies has made a new oil and gas discovery in a shallow water block offshore Nigeria, which puts a tie-back to the existing infrastructure on the table.
IOG has brought on stream another well, as part of the Saturn Banks Project – Phase 1 in the Southern North Sea.
CGX Energy and Frontera Energy have drilled to a total depth an exploration well offshore Guyana, which recently found oil-bearing intervals.
Equinor has secured a drilling permit from the country’s authorities for two wells in the North Sea off Norway.
Equinor has completed the drilling of a wildcat well near the Troll field in the Norwegian sector of the North Sea but failed to find hydrocarbons.
Valeura Energy has wrapped up its infill drilling campaign at a field offshore Thailand, which has enabled it to ramp up oil production at the field.
Pharos Energy Plc has received a licence extension for two blocks located in the moderate to deepwater Phu Khanh Basin offshore Vietnam.
Equinor outlines in its new report that the 1.5-degree goal set in the Paris Agreement is becoming increasingly difficult to achieve.
