Norway recorded a slight rise in oil production in February 2023 compared to last month, but oil & gas figures are still below the ones recorded in 2022.
Serica Energy has completed all the steps required to close the acquisition of Tailwind, aside from one, which also needs to be checked off the list.
Canada-headquartered upstream oil and gas company Valeura Energy is acquiring the remaining minority interest in its special purpose vehicle subsidiary company Valeura Energy Asia Pte. Ltd, which holds all of the company’s assets in Thailand. Through a share exchange agreement (SEA), Valeura will ac
Aker BP has decided to move ahead with nine out of ten oil and gas projects for which PDOs were previously handed over.
Offshore drilling contractor Dolphin Drilling has disclosed that one of its semi-submersible rigs has started its drilling assignment in Nigeria.
With the oil and gas sector in high demand, Shelf Drilling is envisioning further offshore drilling market improvements, especially within the jack-up segment.
Japan’s JX Nippon is in the process of acquiring the country’s rig owner, JDC, in a bid to strengthen its position in the oil and gas industry.
Baker Hughes’ weekly rig count report reveals that the number of offshore rigs in the U.S. was on the upswing last week with three units added to the mix.
A 300-ft jack-up drilling rig built by CIMC Raffles has joined the fleet of Italy’s contractor Saipem, following a naming ceremony in China ahead of a five-year contract in the Middle East.
The U.S. Coast Guard (USCG) has performed an emergency evacuation via helicopter of a 28-year-old male worker from a BP-operated platform.
Equinor and OKEA have entered into an agreement, which will enable the latter to acquire 28 per cent interest in the Statfjord area.
300 terawatt hours (TWh) of green hydrogen could potentially be produced using electricity from offshore wind farms in the North Sea by 2050, and used not only to decarbonize hard-to-abate sectors but also to boost the security of energy supply in Europe, a new study has shown. The “Specification of
The American natural gas production is expected to grow while the accelerated shift to low-carbon and green sources will reduce U.S. energy-related CO2 emissions through 2050.
Following an incident during routine maintenance, which damaged a floating storage and offloading (FSO) unit operated by a Thai subsidiary of Chevron, Thailand has ordered its navy to join the efforts being undertaken to prevent an oil spill from the vessel.
