Gas has solidified its position at the top of the energy pyramid, thus, the pursuit for more natural gas and LNG is in full swing.
Equinor has disclosed video footage, showing an FPSO, which will work on its field offshore Brazil, leaving a Chinese shipyard.
Noble Corporation has secured a contract extension for one of its drillships with Shell for operations offshore Malaysia.
Reabold Resources has undertaken a high-grading exercise of its North Sea licences and plans to farm down its stake in retained assets.
Ithaca Energy has set the wheels into motion with the signing of a sale and purchase agreement to acquire the remaining stake in a discovery.
Shell has carried out a post-well analysis of a discovery in the North Sea, indicating a significant boost in the estimated oil & gas resources.
Wellesley Petroleum has made a significant gas and condensate discovery in a prospect located in the North Sea.
Velesto has secured work with an estimated combined contract value of $13 million for one of its jack-up rigs for drilling ops in Malaysia.
Australia’s oil and gas company Karoon Energy has updated its contingent resource estimates for a field offshore Brazil.
Africa Oil Corp. has set out to increase its interest in a block it operates in the Orange Basin off South Africa.
Baker Hughes’ international rig count report shows that the number of offshore rigs experienced a downward trend in June 2023.
Valeura Energy has temporarily halted production from an oil field project in the Gulf of Thailand until a full review has been carried out.
TotalEnergies and Algeria’s Sonatrach have inked a series of new deals to bolster their cooperation in more than one energy-related area.
TotalEnergies and its partner, SOCAR, have brought on stream a gas and condensate field in the Caspian Sea offshore Azerbaijan.
