Aker BP will vote in favour of submitting PDOs for multiple oil and gas projects, anticipated to take place by mid-December 2022.
The deepwater oil and gas production is set to increase by 60 per cent by the end of the decade, says Wood Mackenzie.
Earthjustice has urged Biden to put a stop to new drilling and ongoing fossil fuel extraction on U.S. federal lands and offshore territories.
KazMunayGas and Lukoil have set the wheels into motion to mobilise a rig to carry out drilling ops in the Caspian Sea in mid-December.
Total capital expenditures (capex) for oil and gas exploration in Africa rose from $3.4 billion in 2020 to $5.1 billion in 2022.
Baltic Pipe has reached its full capacity, connecting gas systems in Norway, Denmark and Poland, ensuring security of supply in Europe.
Malaysia’s offshore services provider Icon Offshore has wrapped up the sale of a jack-up drilling rig to ADES in Saudi Arabia.
Petrobras has received almost $2 billion from CNOOC, which the Chinese firm paid to acquire an additional interest in the Búzios field.
GAO believes that further actions are needed to address the growing cybersecurity risks that over 1,600 offshore facilities are facing.
NOPSEMA has put a stop to Santos’ drilling ops on a gas field off Australia by issuing a prohibition notice for the Noble-owned jack-up rig.
Aker BP has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of Saipem’s semi-submersible rigs.
Seadrill has secured a contract extension for one of its drillships, which will continue to carry out operations in the U.S. Gulf of Mexico
BP’s subsidiary, bp Trinidad and Tobago (bpTT), has started production from its Cassia C development project offshore Trinidad and Tobago.
UK-based Amarinth, has won an order from VWS Westgarth for two titanium pumps, which will be used aboard SBM Offshore’s FPSO One Guyana.
