The European Union has proposed a ban on all Russian oil imports, aiming to phase out Russian crude oil within six months and refined products by year-end.
BP intends to invest up to £18 billion (about $22.5 billion) in the UK’s energy system by the end of 2030.
Prosafe has been awarded a contract by Petrobras for the provision of a semi-submersible vessel offshore Brazil.
Empyrean has revealed its intention to proceed with the second phase of exploration off China by drilling another high-impact prospect.
TechnipFMC has secured an additional contract and received notice to proceed from ExxonMobil affiliate Esso Exploration and Production Guyana for its Yellowtail development in the Stabroek Block offshore Guyana. The new flexibles contract covers six risers said to be qualified for high pressure and
UK-based Awilco Drilling has decided to sell a semi-submersible rig to its compatriot decommissioning services provider, Well-Safe Solutions.
Norwegian operator Aker BP has appointed DeepOcean as the preferred supplier of subsea operations related to inspection, intervention, repair, survey and emergent operations together with associated onshore engineering and project management services. The parties have a joint commitment to cooperate
Dyna-Mac has been awarded a new contract, bringing its net order book to S$641.1 million or around $463.6. million.
W&T Offshore has joined forces with Korea National Oil Corporation (KNOC) to explore energy-related projects in North America.
Talos, Chevron, and Carbonvert have inked a deal for a proposed joint venture expansion to enhance a hub-scale CCS project offshore Texas.
Energean has revealed that its FPSO for the Karish project located offshore Israel has sailed away from Singapore.
Santos-operated Pavo-1 well located off Australia has proved the existence of a substantial volume of light oil in excellent quality reservoirs.
C-Innovation, an affiliate of Edison Chouest Offshore (ECO), has signed a two-year contract for continued riserless light well intervention (RLWI) services onboard the offshore support vessel Island Venture. The new contract follows a previous agreement in which the Island Venture performed interventi
Petrobras has started producing oil and natural gas through FPSO Guanabara, the first definitive production system installed in the Mero field.
