Santos-operated Pavo-1 well located off Australia has proved the existence of a substantial volume of light oil in excellent quality reservoirs.
Petrobras has started producing oil and natural gas through FPSO Guanabara, the first definitive production system installed in the Mero field.
After nearly six years, Equinor has completed the renovation of its Njord A platform and towed it to the Norwegian Sea.
Equinor has joined forces with ONGC to participate in energy projects in India such as CCS, low carbon fuels and renewables.
Maersk Drilling has secured a contract with Aker BP, who will employ an ultra-harsh environment jack-up rig at the Ivar Aasen field offshore Norway.
Oil and gas major BP is moving ahead with plans for the development of the Murlach field in the UK North Sea.
The annual performance review for the UK’s top producers highlighted 33 new projects targeting 1.3 billion barrels of oil and gas.
ExxonMobil doubled its quarterly earnings and booked a significant increase in revenues when compared to the last year’s quarter.
Malaysian Petronas and Thailand’s PTTEP have both decided to withdraw from the Yetagun field located offshore Myanmar.
Oil major Chevron booked a significant increase in its quarterly earnings and revenues driven by higher oil and gas prices.
Offshore drilling contractor Maersk Drilling has been awarded a one-well extension for one of its jack-up rigs in the Dutch North Sea.
UK’s regulator has fined Shell and served it with a sanction notice for breaching production consents for five fields in the North Sea.
Offshore drilling contractor Seadrill has secured contracts totalling $404 million for three jack-up rigs in the Middle East.
Staatsolie and Chevron are expanding their cooperation in shallow offshore Suriname following the signing of a production sharing contract.
