Saipem has been awarded multiple onshore extensions and new offshore contracts in the Middle East, totalling around $1.25 billion.
Equinor has inked a deal to transfer a majority stake and operatorship of its field in the Gulf of Mexico to Shell.
While investments are expected to reach $2.4 trillion this year, this is not enough to come to grips with the energy and climate crises.
Masirah Oil is putting the wheels into motion to resume production at a field offshore Oman after it was stopped due to oil leakage.
Petronas has inked a PSC for a block onshore and offshore East Java, Indonesia to develop and explore the block’s hydrocarbon potential.
Shell has hired a Maersk Drilling-owned rig to drill a prospect in the North Sea, which is expected to provide the UK with more gas sources.
After a helicopter, carrying personnel from India’s ONGC, was forced to land in the Arabian Sea, four casualties have been reported.
India’s offshore drilling contractor Aban Offshore has completed the sale of a jack-up drilling rig to the UAE-based ADES International.
LLOG Exploration has kicked off the first production from a deepwater two-well subsea development, located in the U.S. Gulf of Mexico.
To increase production capacity, JV partners off Nigeria have decided to replace the field’s current FPSO in line with redevelopment plans.
Eco (Atlantic) Oil & Gas has inked a deal to acquire additional interest in a block located offshore South Africa.
ConocoPhillips has secured a drilling permit from the country’s authorities for a wildcat well located in the North Sea offshore Norway.
TGS has kicked off a new seismic reprocessing project in the Western Margins of the Central North Sea, said to be designed to secure exploration success. The project will see the reprocessing of 3,500 square kilometers of data in the Greater Catcher Area covering quads 21, 28, and 29 of the North Se
Borr Drilling has entered into a deal for the sale of three jack-up rigs, which are currently under construction with Keppel FELS.
