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.
Sonangol has inked a deal with the UK-headquartered Afentra for a partial sale of its stake in two blocks offshore Angola.
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.
Subsea 7 has reported a revenue of $1.2 billion in the first quarter of 2022, an increase of $197 million or 20% compared to Q1 2021, said to reflect strong growth in the Subsea and Conventional business unit. According to the UK-based company, the increase in revenue is impacted by significant acti
In line with its divestment strategy, Petrobras has agreed to sell its entire stake in a Brazilian deepwater field to PetroRio.
High commodity prices and increasing oil & gas supply are set to push upstream sector payments to governments to an all-time high, Rystad says.
Shell and TotalEnergies have paid for an increased stake in the Petrobras-operated Atapu field located offshore Brazil.
Offshore rig owner Valaris has sold two jack-up rigs to a subsidiary of the UAE-based operator ADES International Holding.
Oil and gas company Neptune Energy has confirmed an oil and gas discovery at its Hamlet exploration wells in the North Sea off Norway.
Saipem has selected GE Power Conversion to supply an electrical module for an FPSO, which will be deployed on Petrobras’ field off Brazil.
Activists in Germany turned off crude oil pipelines at five locations, calling the government to stop new fossil fuels projects.
