Norwegian oil and gas company Aker BP has awarded Kvaerner the contract for delivering the topside and steel substructure for the unmanned wellhead platform at the Hod field.
London-listed oil company Bahamas Petroleum (BPC) has been awarded the AREA OFF-1 petroleum licence offshore Uruguay.
The UK entity of oil major Shell has returned a platform supply vessel to Norwegian shipping company Havila Shipping ahead of time.
Oil and gas company Byron Energy has begun the loadout of the South Marsh Island 58 G platform which would be installed in the next four weeks.
U.S. engineering and construction services company McDermott International has completed the Pan-Malaysia transportation and installation projects offshore Sarawak for Shell and SapuraOMV.
BP will be reducing its global workforce by 10,000 this year as part of its plans to make the organization smaller and fit for the energy transition.
UK authorities are assessing the plan for the decommissioning of Shell’s Kingfisher installations and fifteen associated infield pipelines.
Capital expenditure (CAPEX) on offshore wind is expected to surpass upstream oil & gas spending in Europe in 2022, according to Rystad Energy. The oil market collapse caused by the Covid-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in th
The UK’s Oil and Gas Authority (OGA) has granted extensions for Egdon Resources’ P1929 and P2304 licences offshore the UK.
The chief executive officer (CEO) and director of London-listed oil explorer Hurricane Energy has decided to resign from the company.
Engineering and management services provider Penspen has been awarded a contract from an undisclosed oil and gas operator for an offshore natural gas project in Myanmar.
FPSO operator BW Offshore has signed another agreement with Petrobras for an extension of the lease and operation of BW Cidade de São Vicente in Brazil.
Energean has informed that work restarted on the Energean Power FPSO in the Admiralty Yard, Singapore, on 2 June 2020 and the subsea installation campaign offshore Israel is progressing as planned.
The number of offshore rigs in the U.S. is up by one unit over the last week, according to a weekly rig count report by Baker Hughes.
