ExxonMobil has launched an investigation into the root cause of a near-miss incident at the Hebron platform offshore Newfoundland and Labrador.
Malaysia’s Yinson, through its joint venture company with PTSC, has received a five-year extension for an FSO working off Vietnam.
Aker BP and Neptune Energy have received consent from Norway’s offshore safety regulator for exploration drilling in the Norwegian North Sea.
Natural gas is still forecasted to play a crucial role and act as a trump card while the world embraces the race to net-zero.
Baker Hughes’ international rig count report indicates that the number of offshore rigs was on an upward trajectory in May 2023.
MODEC has confirmed the start of production from a new FPSO, which is deployed at Petrobras’ giant deepwater oil field off Brazil.
Challenger Energy has bid for and expects to be awarded a shallow water exploration block located off Uruguay.
BW Offshore has secured a short-term contract extension for one of its FPSOs, which is working at a field located offshore the Ivory Coast.
Velesto has secured work with an estimated combined contract value of $10.9 million for one of its jack-up drilling rigs.
Petrofac has been awarded a long-term extension for the provision of operations and maintenance services on an FPSO working off Thailand.
Baron Oil has been granted a short-term extension to take care of the required preparations prior to entering the drilling phase of a PSC.
Trillion Energy has brought online the fifth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.
Equinor has put on hold for three years the development of its controversial Bay du Nord oil project off the coast of Newfoundland & Labrador.
The partners behind the Aphrodite Reservoir in Cyprus have submitted an updated plan for the development of the project to the country’s government, said to include a change to the fundamental project concept of the approved development and production plan. Chevron Cyprus, BG Cyprus, part of Shell,
