In case Romgaz finalizes the takeover of the Neptun Deep project from ExxonMobil, Romania’s OMV Petrom will become the operator.
Shelf Drilling has received a three-year contract for one of its jack-up drilling rigs with Oil and Natural Gas Corporation (ONGC) in India.
Talos Energy plans to recomplete its Bulleit well, in the Gulf of Mexico, in the shallower DTR-10 sand and to move away from the MP sand.
Fugro has been awarded contracts in the offshore wind sector in South Korea and the U.S., according to the company’s results for the first quarter of 2021. In South Korea, Fugro has won a contract for a site investigation programme for a floating offshore wind farm. The company did not disclose any
Aker Offshore Wind, Aker Horizons and the University of Strathclyde have signed a Memorandum of Understanding (MoU) to collaborate on accelerating recycling glass fiber used in wind turbine blades. The aim of the MoU is to drive forward the development of recovery processes for used glass fiber prod
Maersk Drilling has been awarded a one-well contract by CGX Resources for the semi-submersible rig Maersk Discoverer for drilling off Guyana.
Swedish marine energy developer Minesto has recorded an increase in net loss for the first quarter of 2021, when compared to the financial results for the same period posted a year before.
Chinese oil and gas giant CNOOC Limited recorded a production increase in the first quarter of the year driven by new project start-ups.
Neptune Energy has started drilling operations on four production wells on the Duva field in the Norwegian sector of the North Sea.
Havila Shipping has been awarded a contract from compatriot oil giant Equinor for one of its platform supply vessels (PSVs).
Oil and gas company Providence Resources has terminated its farm-out agreement with SpotOn Energy for the Barryroe project off Ireland.
Rystad Energy has downgraded its peak oil demand forecast to 101.6 million bpd in 2026 as a result of electrification in transport.
Orca AI, an AI-based navigation and collision avoidance solution, has raised $13 million in Series A funding, taking its total raised to over $15.5 million.
Halliburton and Baker Hughes have both seen a decrease in quarterly revenues but the companies are optimistic about the rest of 2021.
