
Siccar Point Energy has decided to suspend its controversial Cambo offshore oilfield development following a recent exit by Shell.

Billionaire John Fredriksen’s Seatankers Group has acquired an interest in Seadrill’s rival offshore drilling contractor Valaris.

Lukoil and Petronas have changed their previous agreement related to Lukoil’s acquisition of an interest in the Shah Deniz project.

A consortium comprising ExxonMobil and QatarEnergy has signed an exploration and production sharing contract with Cyprus.

Neptune Energy has revealed the name of its new CEO, who will take over the role after the current one retires at the end of the month.

Lundin has received consent from the offshore regulator to use the Deepsea Stavanger rig for exploration drilling in the Norwegian Sea.

Denmark’s government has approved funding for two CCS projects, which will use the existing oil and gas infrastructure in the North Sea.

HitecVision-backed NEO Energy has finally completed the acquisition of ExxonMobil’s non-operated oil and gas assets in the North Sea.

PGNiG is in the process of concluding the drilling of a wildcat well in the Norwegian Sea, as the well turned out to be dry.

Stena Drilling has revealed an agreement with South Korea’s Samsung Heavy Industries related to an option to buy a newbuild drillship.

Rockhopper, Harbour Energy, and Navitas Petroleum have signed heads of terms, which will allow Harbour a clean exit from the Sea Lion project.

Wood has secured a contract with Saudi Aramco to deliver services for two of its oilfields in Saudi Arabia.

UK’s petroleum regulator has selected three winners for its £1 million electrification competition, aiming to advance oil and gas electrification plans.

Kongsberg Digital has won a five-year contract extension with Heerema for system support of maritime simulation solutions and training.