Shell has made a new oil discovery in an exploration well offshore Namibia with Northern Ocean’s Deepsea Bollsta semi-submersible rig.
With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?
Enauta has interrupted production from a well located on a field off Brazil only days after completing preventive maintenance for an FPSO.
DOF Subsea has secured a contract extension with Brazilian oil and gas giant Petrobras for its 106-meter-long diving support vessel (DSV) Skandi Achiever. The new commitment has commenced in direct continuation with the current one and will run until February 2024. It will include remotely operated
Australian oil and gas company Carnarvon Energy has picked a new Chief Financial Officer (CFO), after its current one decided to resign.
Longboat Energy is seeking to forge a new group of partners to re-apply for a license in the Norwegian Sea, once it has been abandoned.
UK-based provider of integrated drilling waste management and environmental solutions TWMA has secured a seven-figure contract with an undisclosed “major” North Sea oil and gas operator. Under the contract, TWMA said it would deploy its RotoMill well site processing solution on a harsh environment s
Equinor has inked an agreement to acquire Suncor Energy UK Limited, a subsidiary of Canada’s Suncor, for a total consideration of $850 million.
Saipem has been awarded a new contract in Ivory Coast worth $400 million for a recently chartered seventh-generation drillship.
Oil and gas majors Shell and TotalEnergies have prequalified for an offshore wind lease sale in the Gulf of Mexico.
BW Energy is anticipating a delay in the closing of the acquisition of two assets in the Espírito Santo Basin offshore Brazil.
Oil and gas company Neptune Energy has committed to the Extractive Industries Transparency Initiative (EITI) which aims to improve accountability for the revenues paid and received for a country’s oil, gas and mineral resources. Neptune Energy said that becoming a formal supporting company builds on
Subsea 7 has reported an order intake of over $7 billion for the full year of 2022, representing the highest order intake since 2013, with a backlog of over $9 billion, said to have resulted in high revenue visibility for 2024 and beyond. In 2022, Subsea 7 reported revenue of $5.1 billion, which is
Viaro Energy, through its wholly-owned subsidiary RockRose Energy, has executed a share purchase agreement to acquire Spark Exploration UK.
