Trillion Energy has drilled another well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.
Offshore drilling contractor Odfjell Drilling has upgraded one of its semi-submersible drilling rigs with a hybrid system to curb emissions.
With the naming ceremony out of the way, Keppel Offshore & Marine is on track to deliver a new FPSO vessel to SBM Offshore in 1Q 2023.
Russian oil and gas giant Lukoil has produced 50 million tonnes of liquid hydrocarbons at its fields located in the Russian sector of the Caspian Sea. Lukoil discovered the Khazri gas condensate field following drilling and testing of prospecting wells last year. The company plans this year to submi
Diamond Offshore has revealed that a drillship – managed on behalf of Aquadrill – has started its new assignment in the U.S. Gulf of Mexico.
Equinor has a court fight on its hands this week regarding the development of its controversial Bay du Nord offshore oil project located in Canada.
U.S. oil and gas majors Chevron and ExxonMobil have revealed record 2022 profits of $35.5 billion and $55.7 billion, respectively.
The global market for oil and gas contractors is expected to rise to a peak of $1 trillion in 2025 and remain at high levels for several years, according to a report by energy intelligence group Rystad Energy. For the 2022-2028 period, overall oil and gas spending is anticipated to stay above $920 b
Offshore drilling contractor Transocean has won a long-term deal for one of its ultra-deepwater drillships offshore Brazil.
Oil and gas company Neptune Energy has started production from the tenth well at its operated gas field in the UK southern North Sea.
Environmental activists have boarded Boskalis vessel, which is transporting a circular FPSO destined for Shell’s oil & gas project off the UK.
Spirit Energy has confirmed its plan to transform two depleted gas fields in Morecambe Bay into a carbon storage cluster.
Beach Energy is one approval shy of completing all connection activities for four wells, which are part of the Otway Basin development off Australia.
New global oil and gas discoveries in 2022 have driven exploration to the highest value creation in over a decade, reaching $33 billion.
