U.S. oil and gas majors Chevron and ExxonMobil have revealed record 2022 profits of $35.5 billion and $55.7 billion, respectively.
The global market for oil and gas contractors is expected to rise to a peak of $1 trillion in 2025 and remain at high levels for several years, according to a report by energy intelligence group Rystad Energy. For the 2022-2028 period, overall oil and gas spending is anticipated to stay above $920 b
Offshore drilling contractor Transocean has won a long-term deal for one of its ultra-deepwater drillships offshore Brazil.
Oil and gas company Neptune Energy has started production from the tenth well at its operated gas field in the UK southern North Sea.
Environmental activists have boarded Boskalis vessel, which is transporting a circular FPSO destined for Shell’s oil & gas project off the UK.
Spirit Energy has confirmed its plan to transform two depleted gas fields in Morecambe Bay into a carbon storage cluster.
Beach Energy is one approval shy of completing all connection activities for four wells, which are part of the Otway Basin development off Australia.
New global oil and gas discoveries in 2022 have driven exploration to the highest value creation in over a decade, reaching $33 billion.
Aberdeen-based Salus Technical has launched what it describes as “a potentially life-saving” guidance document.
Proven reserves of natural gas set a new record in the U.S. in 2021, while proven reserves of oil increased but not to pre-Covid level.
BP has unveiled its new energy outlook, highlighting key trends and uncertainties surrounding the energy sector and transition to low-carbon.
Global energy company EDP has partnered up with Spanish energy company Cepsa to boost the Andalusian Green Hydrogen Valley, the largest green hydrogen project in Europe promoted by Cepsa. The agreement includes studying the joint production of green hydrogen as part of the project of up to 1 GW in t
Dolphin Drilling has completed a five-year recertification of a semi-submersible rig, which is now ready to start its assignment offshore Nigeria in a few weeks.
TotalEnergies andEni have completed the transfer of a partial interest to QatarEnergy for two offshore blocks located in Lebanese waters.
