
Despite a 50% fall in profit on a year-over-year basis, BP still reported a solid overall operational and financial performance during 2023.

Valaris has confirmed the spudding of the first well in an eight-well campaign, which is being undertaken by one of its semi-submersible rigs.

Ocean Oilfield Integrated Solutions has confirmed the completion of a plug & abandonment program, which one of its jack-up rigs carried out at an offshore field in the UAE for Atlantis (UAQ) Limited.

Baker Hughes’ rig count report shows that more than one rig joined the working international offshore fleet in January 2024.

Shell has hired a heavy-duty jack-up rig from Valaris, an offshore drilling contractor, for a two-well drilling campaign in 2024.

Serica Energy is preparing to kick off its four-well drilling campaign and work-over program in the UK sector of the North Sea.

Wintershall Dea has secured a green light for the drilling of four wells in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.

CNOOC Limited has kicked off production from an oilfield secondary adjustment and development project, which is located in Liaodong Bay of Bohai Sea.

PTTEP has inked a memorandum of understanding (MoU) with Mahidol University, which will enable it to bolster CCS technology in Thailand.

ExxonMobil and Chevron have raked in huge profits over the course of the past year, recording $36 billion and $21.37 billion, respectively.

McDermott has corroborated the award of two EPCIC contracts for the development of the next phase of the largest oil field offshore Qatar.

A site located within Malta’s territorial waters has been identified as the potential location for the country’s first grid-connected floating solar project, Maltese Minister for Environment, Energy and Enterprise Miriam Dalli announced. A preliminary market consultation (PMC) has been launched to a

SeaMex, a subsidiary of Paratus Energy Services Limited, has won a new drilling assignment for one of its jack-ups offshore Mexico.

TotalEnergies has set the wheels into motion to enrich its overall gas portfolio with more assets offshore Malaysia.