Petrobras has submitted a declaration of commerciality to the country’s authorities for fields in the Sergipe-Alagoas Basin off Brazil.
The number of offshore rigs in the U.S. is stuck at 15 units for the second week in a row, according to Baker Hughes’ weekly rig count report.
Azerbaijan’s Ministry of Energy has revealed that the country’s oil production decreased by 16.5 thousand tons compared to the 2020 figures.
UAE-based port operator Abu Dhabi Ports (AD Ports) has signed two agreements with China-based Shandong Port Group to establish the region’s first tyre hub and strengthen trade and shipping links.
A Valaris-owned jack-up drilling rig has started operations at the Buffalo-10 well located in the Timor Sea for Carnarvon Energy.
Tech startup Hydro Wind Energy is in the process of developing scaled prototypes of high-altitude kites powered by offshore wind with the goal to ”disrupt global energy and desalination markets”. The technologies for power generation and energy storage, OceanHydro Wind, and water desalination, SubSe
IOG plc has finally started drilling the first Southwark development well following a two-month hiatus due to rig issues.
Equinor has received consent from the Norwegian regulator to use the Deepsea Stavanger rig for exploration drilling in the North Sea.
S&P Global Platts Analytics expects the Middle East to struggle to reach net-zero targets as emissions from oil & gas are expected to rise.
Petronas is anticipating further uncertainty for oil & gas business as the energy transition sets new challenges and spreads over the sector.
Russia’s the oil output expected to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.
Vaalco Energy has filed a $150 million shelf registration statement with the SEC to support the pursuit of ‘future growth objectives.’
Harbour has completed the drilling of the Dunnottar exploration well in the UK North Sea, encountering marginal hydrocarbon accumulations.
Norwegian shipowner Belships has entered into an agreement with an undisclosed client for the sale of its 58,000 dwt supramax bulk carrier.
