
Enauta has initiated a preventive interruption of production at a field offshore Brazil after detecting issues with the hose.

Norwegian oil and gas company Aker BP will invest NOK 150 billion or over $15 billion in development projects on the Norwegian continental shelf over the next five to six years.

Aker BP has completed has concluded the drilling of a wildcat well in the Norwegian Sea but failed to find hydrocarbons.

During the past six months, China’s CNOOC has ramped up its hydrocarbon production and doubled its net profit.

Northern Ocean has secured a contract award from Shell for operations in Namibia, where the major made an oil discovery earlier this year.

FAR has consolidated its ownership of two Gambian blocks and is looking for partners to fund the exploration programme for these blocks.

Oil and gas company Neptune Energy has made a minor oil discovery near its operated Gjøa field in the North Sea off Norway.

Aker BP has picked Rosenberg Worley to construct two models for the new central platform on a field in the North Sea.

Equinor will continue its Bay du Nord procurement processes, including options such as the recent expression of interest for FPSO Topside Engineering and Procurement for FEED, with an option for execution.

Norway’s gas can enable Europe to achieve its energy transition goals, says the NPD, but investments in unlocking new resources are needed.

ADNOC Drilling has inked a deal to acquire an additional premium offshore jack-up drilling rig as part of its fleet expansion programme.

Offshore Energies UK (OEUK) warns that more investment is required in oil and gas reserves to maintain production and ensure energy security.

India’s Aban Offshore has completed the sale of a jack-up drilling rig to ADES International, which was postponed on several occasions.

Despite the resilience shown by Russia’s upstream sector beset with sweeping sanctions, Rystad Energy believes “the worst is yet to come.”