The Norwegian Petroleum Directorate has granted Aker BP and Equinor drilling permits for their wells in the Barents Sea and the Norwegian Sea.
TAQA has started the first major asset removal project and one of the largest topside removal projects of its kind in the North Sea.
BP, Baker Hughes, and Odfjell Drilling have entered into a tripartite agreement to work together to transform activity at the Clair field.
Maersk Supply Service has ordered a battery pack for one of its M-class vessels as part of its target to reduce carbon intensity of its fleet.
Maersk Drilling has made plans to sell one of its jack-up rigs to Havila, which will, in turn, lease and later sell the rig to the Yme field partners.
Italian company has signed a five-year framework agreement with the NCOC for operations on Kashagan, one of the largest fields in the world.
Eni and Progressive Energy Limited have signed a framework agreement to further accelerate carbon capture & storage within the HyNet North West.
Offshore services provider Archer has been awarded a plug and abandonment campaign in 2021 and 2022 by Wintershall Dea.
Equinor has exercised an option to add well intervention work at the Martin Linge to the previously agreed work scope for Maersk Intrepid.
A Dutch court has ordered Shell to deepen its carbon emissions cuts in a ruling described as the first-of-its-kind, but Shell plans to appeal
The United Kingdom will not commit to stopping new oil exploration in the North Sea despite warnings from the IEA that there can be no more oil and gas investments if the world wants to hit net-zero by 2050.
OMV reviews its industry association memberships to see whether they are aligned with the net-zero by 2050 goal.
Market research provider and consultancy Westwood Global Energy Group has estimated that 30 floating, production, supply, and offloading (FPSO) vessels will become available by the end of 2022.
Equinor and its partners have selected a concept for developing six discoveries in a joint unitisation project on Haltenbanken.
