Awilco Drilling has lost an appeal over a £6.8 million tax bill, arising from the termination of a drilling contract for one of its rigs.
Malaysia’s Sapura Energy has secured new contracts and extensions in Malaysia and Thailand with a combined value of $284.2 million.
Shell has started production from Block 5C in the East Coast Marine Area, also known as project Barracuda, located in Trinidad and Tobago.
Offshore drilling contractor Borr Drilling has received a letter of award from an international oil company for additional work in Mexico.
Transocean has secured new contracts for five drillships and four semi-submersible rigs but also received a termination for one of the rigs.
An unsourced media report in The Australian claimed that Australia’s energy major Woodside was negotiating to buy some or all of BHP’s oil and gas assets.
Solstad Offshore has secured a new contract with DeepOcean for its construction support vessel (CSV) Normand Jarstein. The CSV will support DeepOcean’s inspection, maintenance, and repair (IMR), light construction, offshore renewables and recycling projects. The contract will commence in the first q
Japanese shipbuilder Mitsui E&S Shipbuilding Co. has completed and delivered the last commercial vessel, a 66,000 dwt bulk carrier.
PGS and CGG have signed a Memorandum of Understanding (MoU) to combine their seismic multi-client products and technical capabilities applied to the carbon capture utilization and storage (CCUS) sector. The seismic players stated they want to join forces and unlock the value of existing seismic data
The Dutch government has awarded €3.6 million ($4.2 million) to the PosHYdon project, the world’s first offshore green hydrogen pilot on a working platform.
U.S. oil and gas company Hess Corporation has outperformed its five-year targets to reduce greenhouse gas emissions and set new targets for 2025.
Rival offshore drilling contractors are reportedly looking to buy the assets of bankrupt Seadrill Limited, controlled by John Fredriksen.
Aquadrill Offshore, formerly known as Seadrill Partners, has lost in arbitration against BP related to claims for breach of a contract.
U.S. infrastructure investment fund Global Infrastructure Partners (GIP) has put up for sale its 26 per cent stake in the limited partnership behind Freeport LNG.
