BP has decided to move its interim Chief Executive Officer (CEO) to the CEO role, after undertaking a quest to find someone to fill this position.
Norway’s Ministry of Petroleum and Energy has offered 62 production licenses to 24 companies for further exploration activity on the NCS.
THREE60 Energy has landed two contract wins with BW Offshore for engineering, procurement, construction, and commissioning (EPCC) services.
Shell is facing additional pressure from 27 investors, who manage more than €3.9 trillion in assets, to pursue decarbonization with more vigor.
Odfjell Drilling has confirmed the completion of a five-year main class renewal certificate for one of its semi-submersible drilling rigs.
Vår Energi has secured a drilling permit to drill a wildcat well in the North Sea, using one of the Odfjell Drilling-managed semi-sub rigs.
Recent events in the Red Sea have added fuel to the growing fears about the possibility of a wider conflict breaking out across the Middle East, prompting further concerns over oil flows, supply chains, and energy prices in the region and beyond.
Out of the 34 exploration wells spudded on the NCS last year 23 were wildcat wells, which resulted in 14 discoveries.
A FID has been taken to drill a well in the Harald East area, enabling any discovered gas to be exported through the Tyra facilities.
ABL’s Rig Inspection division and Integrity HSE have forged a strategic alliance in a bid to expand their suite of offerings and services.
Equinor has drilled an exploration well in the Norwegian sector of the North Sea, which turned out to be dry.
Türkiye is pulling out all the stops to fortify its energy security, including new energy efficiency roadmap and action plan.
BP has hand-picked Wood for the delivery of topside modifications in support of the oil major’s latest subsea tieback in the UK North Sea.
Valaris has tucked $1.14 billion under its belt, thanks to multiple new contracts and extensions for its drillships and jack-up rigs in Brazil, the U.S. Gulf of Mexico, the UK North Sea, Trinidad, and Australia.
