
Two oil majors, Shell and ConocoPhillips, have joined their peers in posting 1Q 2023 results, which were hampered by lower oil & gas prices.

Galp has hired a semi-submersible rig, owned by SFL Corporation (SFL) and managed by Odfjell Drilling, for a drilling campaign off Namibia.

A Guyanese court recently ruled that ExxonMobil is in breach of oil spill insurance obligations for its first oil project located off Guyana.

Dutch company developing innovative ocean energy technology Equinox Ocean Turbines has opened an investment opportunity, targeting €3.3 million to further scale up its business.

Worley has been awarded a contract to provide detailed engineering design services for Petronas’ huge CCS project offshore Sarawak, Malaysia.

Shell has signed an agreement with Ithaca Energy, defining a marketing process for its interest in the controversial Cambo development.

Saipem has been given the go-ahead to proceed with the final phase of ExxonMobil’s recently sanctioned $12.7 billion oil project off Guyana.

Noble has won new contracts and extensions for multiple rigs in Guyana, Colombia, the U.S. Gulf of Mexico, and offshore Sarawak, Malaysia.

SAAM, a company providing port, logistics and towage services in the Americas, concluded the purchase of 21 tugboats from the Brazilian company Starnav. Starnav’s fleet includes 19 tugs currently in operation and two additional vessels in the final phase of construction. “This is one of the largest

TotalEnergies has handed out a new contract to NHV to support its offshore operations in the Danish sector of the North Sea.

Transocean has awarded a rig services contract to InteliWell to equip one of its semi-submersible rigs with a drilling automation solution.

Marine geophysical services provider PXGEO has secured a contract for a 3D marine towed streamer (MTS) survey in Oceania.

CGX Energy and Frontera have revised the total cost estimate for an exploration well, which recently found oil-bearing intervals off Guyana.

Aker Solutions has secured a deal with TotalEnergies for work on three additional infill wells tied back to an oil field offshore Congo.