
UN Coordinator has urged the public to help with funding to head off a decaying oil tanker threat and prevent an oil spill in the Red Sea.

QatarEnergy has joined an industry initiative, which aims to eliminate methane emissions from the oil and gas industry by 2030.

Shelf Drilling has inked a deal with Noble to buy five jack-up rigs, which are being sold to address concerns about the Noble-Maersk merger.

The IEA forecasts that non-OPEC+ will spearhead global oil supply in 2023, while the output from OPEC+ may fall.

Seadrill has won contract extensions with a total value of approximately $361 million in aggregate for three jack-up rigs in the Middle East.

Almost four months after Russia’s invasion of Ukraine, Russian crude oil, Urals, has seen a switch in flow from its traditional market of Europe to Asia, Rystad says.

Energean has exercised its options with Stena Drilling for two more wells offshore Israel as part of its 2022 growth drilling campaign.

UAE’s Shelf Drilling has inked a deal with India’s Aban Offshore to buy one of the latter’s jack-up drilling rigs.

The oil and gas industry has dominated the MMO market but this is set to change, an analysis by Rystad Energy shows.

Chevron has awarded a long-term deal to Worley, encompassing its global portfolio of onshore and offshore assets.

India’s offshore drilling contractor Aban Offshore has sold one of its jack-up rigs to UAE’s ADNOC Drilling.

Offshore drilling contractor Shelf Drilling has secured a contract extension for one of its jack-up rigs in the Middle East.

Ocean Challenger, the asset management company of CIMC Raffles, has entered into a charter contract with Saipem for a jack-up drilling rig.

Westwood reveals an uptick in offshore E&P investment and rig count with the demand for OSVs resulting in more idle fleets being reactivated.