
TotalEnergies and SOCAR have inked a deal, which will enable each to sell a 15 per cent participating interest in a gas field off Azerbaijan.

18 energy trade groups have called on the Biden administration to finalise a new five-year programme for federal offshore leasing.

Azule Energy, a joint venture between BP and Eni, has awarded TechnipFMC and Aker Solutions with contracts for its Ndungu project offshore Angola. TechnipFMC has received a contract, worth between $75 million and $250 million, to supply flexible pipe for the project that will tie into Block 15/06 We

Valaris has confirmed the start of TotalEnergies’ drilling campaign offshore Angola, which is being carried out by one of its drillships.

Valaris has won new contracts for two floaters and two jack-ups in its rig fleet for work in West Africa, the Gulf of Mexico, and Australia.

Malaysia Marine and Heavy Engineering (MMHE) has placed an order with a Japanese company for a gas compressor to be used for what the company says is the world’s largest offshore carbon capture and storage (CCS) project. The Tokyo-headquartered Kawasaki Heavy Industries revealed on 1 August that it

United Oil & Gas is engaged in talks with Quattro Energy regarding a potential further extension for the sale of its license in the North Sea.

BP has revealed solid results for the second quarter of 2023, however, this represents a 70 per cent decrease on a year-over-year basis.

Offshore drilling contractor Transocean has expanded its contract backlog with multiple new deals during the second quarter of 2023.

Borr Drilling has secured letters of award (LOA) for two premium jack-up drilling rigs, which increase the company’s firm backlog by approximately 421 days, excluding optional periods.

Valaris has secured a new long-term contract with an undisclosed company for one of its drillships, which is stacked in Spain.

UAE’s ADNOC has decided to step up its decarbonisation efforts by accelerating its net-zero ambition to 2045.

Fugro has completed another fully remote offshore survey inspection in the North Sea for the oil and gas operator TAQA Group. Fugro completed its first fully remote offshore integrity inspections campaign in the North Sea for TAQA Netherlands at the beginning of the year using the Fugro Orca Blue Es

Jadestone Energy has temporarily shut in production from an FPSO vessel operating at a field in the Timor Sea offshore Australia.