
Following reports that BP is preparing to sell its London HQ, the oil major has now entered into an agreement for the sale of the HQ for £250.1 million.

TAQA Bratani has received approval for its drafts decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea.

Equinor has received consent from Norway’s offshore safety agency for the life extension of the Tune and Tune Sør developments located in the North Sea.

AqualisBraemar has entered into an agreement to acquire LOC Group, creating an even more complete service provider to the upstream oil and gas industry.

Offshore drilling contractor Odfjell Drilling has firmed up contract awards with Equinor for drilling operations on two projects in Norway.

Repsol Sinopec has received approval from the UK authorities for preparation work scopes relating to the decommissioning of the Fulmar and Auk North installations.

Norwegian offshore safety agency has found nonconformities following audits of the Equinor-operated Johan Castberg and Kristin projects in Norway.

Seadrill has added approximately $52 million to its backlog following the end of 3Q and is looking to manage its rig count by recycling some of its rigs.

The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for two wells in the North Sea off Norway.

Sparrows Group has been awarded a five-year contract by Spirit Energy for crane maintenance and lifting services across its Morecambe Hub assets.

Norway’s Ministry of Petroleum and Energy launched the 25th licensing round, encompassing 136 blocks in the Norwegian Sea and the Barents Sea off Norway.

Equinor is ready to drill two wells in the North Sea offshore Norway following the receipt of approvals and permits from the Norwegian authorities.

Equinor has been served with a notice of order from the country’s offshore safety agency following a serious lifting incident on the Oseberg B platform.

The Organization of the Petroleum Exporting Countries (OPEC) has lowered its 2020 oil demand forecast to negative -9.8 million barrels a day.