Neptune Energy has started drilling the Hamlet exploration well located in the Norwegian sector of the North Sea.
After a sudden decline to 12 units, the number of offshore rigs in the U.S. came to a stop and remained unchanged last week.
Among numerous energy transition initiatives, the ones that stood out the most this week were enacted by governments which truly do have the power to bring about the long-overdue upgrade to our energy landscape.
The UK’s competition regulator is looking into the proposed merger between offshore drilling giants, Noble Corporation and Maersk Drilling.
The U.S. Coast Guard has rescued nine oil workers trapped on a jack-up rig near Sabine Pass, Texas following a fire.
Following a profit warning in late January, Saipem has revealed details about its revised strategic plan for the 2022-2025 period.
Seplat Energy has inked an agreement to acquire the entire share capital of ExxonMobil’s Mobil Producing Nigeria Unlimited.
Eni has started production from Ndungu Early Production development project, in Block 15/06 of the Angolan deep offshore.
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for a wildcat well located offshore Norway.
Solstad Offshore has reported a revenue of NOK 5.4 billion for the financial year 2021, an 8% increase compared to NOK 5 billion in 2020. Looking ahead, the Norwegian company revealed it fears that the current situation in Ukraine could impact its operations. The Norwegian company announced a full-y
Russia’s Lukoil has acquired a 50 per cent operator interest in the Area 4 project through the acquisition of the operator’s holding company.
TotalEnergies has made a significant oil discovery with associated gas on the Venus prospect, located offshore southern Namibia.
Italian oil and gas company Eni has started the first production at its operated field off Mexico, using the FPSO Miamte.
Oil prices soared on Thursday with Brent surging over the $100 barrel mark for the first time in eight years.
