Equinor will start drilling a well off Norway in late August. This is the first of seven wells planned to be drilled by Longboat following three farm-in deals.
UK-based dry bulk shipping company Taylor Maritime Investments has raised $75 million through the issue of new ordinary shares to acquire up to six Handysize dry bulk vessels.
Shell Offshore, a subsidiary of oil major Royal Dutch Shell, has made a final investment decision (FID) for Whale, a deep-water development in the U.S. Gulf of Mexico.
The UK-based tidal energy developer SIMEC Atlantis Energy has recorded a rise in the value of its shares after its main shareholder regained control of its stake in the company from the administrators.
Talos Energy has started production from its Tornado Attic well while its partner Beacon has struck oil in the Crown and Anchor sidetrack.
Seadrill Limited has hammered out a reorganization plan with its consenting lenders, which will allow it to emerge from Chapter 11.
The U.S. government has made the first step in the review process for decommissioning oil and gas infrastructure off the coast of California.
Two of Keppel Offshore and Marine Limited’s wholly-owned subsidiaries have received a request for arbitration from an unnamed company for two FPSO contracts.
Helix Energy Solutions’ Board of Directors has appointed T. Mitch Little as a new director. Little will serve as a Class I director whose term will expire at Helix’s next annual meeting of shareholders. According to Helix, Little has over 30 years of experience in the petroleum industry in various t
Wellesley Petroleum and Equinor have signed a sale and purchase agreement covering several development assets located in Norway.
TechnipFMC’s Subsea division has reported an adjusted EBITDA of $154.1 million in the second quarter of 2021, a 14% increase compared to the first quarter of the year. The division saw a revenue of almost $1.4 billion, a modest improvement, and an operating profit of $72.4 million, a significant inc
Santos has produced the first oil from the Van Gogh Phase 2 infill development, located offshore Australia.
EnQuest has received approval from the UK authorities for its decommissioning programme for the Heather topsides in the UK North Sea.
Yangzijiang Shipbuilding (Holdings) Ltd., one of the largest private shipbuilders in China has entered into a sale and purchase agreement with Sanfu Shipbuilding Holdings for the purchase of the remaining 20% equity stake in Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd.
