Maersk Supply Service has arranged to recycle three vessels as part of its strategy to optimise its fleet portfolio.
Karoon has decided to exercise its option for two additional wells in Brazil to be drilled by one of the Maersk Drilling-owned rigs.
Kongsberg Maritime has inked a deal with Yinson to deliver electrical and control technologies for an FPSO, which will operate off Brazil.
Energean has made a commercial gas discovery in Block 12 offshore Israel, bolstering its beliefs in the potential of the Olympus Area.
Keppel O&M has won a deal worth around $97 million with Saudi Arabia’s Public Investment Fund-affiliated company, ADES, for two jack-up rigs.
The UK’s competition regulator might accept a remedy proposal, submitted in response to its concerns about the proposed Noble-Maersk merger.
Petrobras has revealed plans to invest $16 bln in the Campos Basin revitalisation project and $5.5 bln in extraction activities in Brazil.
The findings of a recent report indicate that there are legal grounds to hold fossil fuel firms accountable for environmental damage.
Longboat has executed a farm-in agreement with OMV for two prospects on the NCS, boosting its net unrisked mean resources by 68 per cent.
The UN is working on raising the funds for the implementation of its plan to address a threat posed by an FSO unit off the Yemen coast.
Trident and JV partners for Block G – located offshore Equatorial Guinea – have agreed to extend their Production Sharing Contract (PSC).
Japan Drilling Co. (JDC) has been awarded a new deal for one of its jack-up rigs by Petronas Carigali for operations offshore Malaysia.
Rystad Energy expects public E&P companies to break prior records as profits are set to reach a 70 per cent increase in 2022.
A lot of companies involved in the offshore energy sector have already introduced their plans on how to reach the net-zero emissions status by a certain point in the future. In this week’s In Focus, we are spotlighting the most recent projects aiming to achieve these goals.
