The chief financial officer (CFO) of Danish offshore driller Maersk Drilling has announced he would leave the company.
NEO Energy has completed the acquisition of a portfolio of operated and non-operated assets in the UK North Sea from two Total subsidiaries.
Italian energy major Eni has appointed a new chief financial officer (CFO) of the company.
Independent Oil and Gas (IOG) has awarded the engineering, procurement, construction, and installation (EPCI) contract for its Core Project Phase 1 platforms to Dutch contractor HSM Offshore.
Irish oil and gas exploration company Providence Resources has revealed the list of companies which are part of a consortium set to develop the Barryroe field offshore Ireland.
Regardless of the recent loan forbearance agreement extension expiring, Prosafe is still in discussions with lenders to find a long-term financial solution which would stabilize operations.
Equinor has agreed to sell a 40.8125 per cent interest in and transfer operatorship of the Bressay oil field development on the UK continental shelf to EnQuest.
Floatel International will book impairments of nearly $400 million for the second quarter of the year due to impairments of its vessels made amid challenging market situation.
Norwegian oil major Equinor has received safety consent from the country’s offshore safety watchdog to use the Maersk Intrepid jack-up rig on the Martin Linge field offshore Norway.
Equinor has drilled a dry well near the Johan Castberg field in the Barents Sea offshore Norway.
Production efficiency on the UK Continental Shelf has improved for the seventh consecutive year and for 2019 reached 80 per cent.
Eni went from a profit in the second quarter of 2019 to a loss in the same period this year hit by the combined effects of the coronavirus pandemic and the oil price crisis.
Shell booked a loss of $18.1 billion in the second quarter of 2020 due to huge impairments as it cut its price outlook in response to the coronavirus pandemic and the oil price crisis.
The Hague-based LNG giant Shell logged a 7 percent decline in its liquefied natural gas sales during the second quarter of this year as it reported a huge quarterly loss. Shell announced on Thursday a loss of $18.1 billion for the second quarter due to the effects related to the Covid-19 pandemic. T
