
Petronas Carigali, a subsidiary of Malaysia’s Petronas, has made a new oil and gas discovery in Block SK 306, offshore Malaysia.

BP, Equinor and Ithaca Energy have inked a deal to explore electrification options for their West of Shetland portfolio of oil and gas assets.

CNOOC has kicked off production from an oilfields joint development project located in the Eastern South China Sea.

Valeura Energy is extending its portfolio offshore Thailand, after entering into a sale and purchase agreement (SPA) with Mubadala Petroleum.

Equinor has submitted a plan for the development and operation (PDO) of a Norwegian Sea field to Norway’s Ministry of Petroleum and Energy.

Saipem has decided to buy an ultra-deepwater drillship from Samsung Heavy Industries to strengthen its offshore drilling fleet.

Valaris has revealed that one of its jack-up rigs has embarked on its new assignment in Australia with Italy’s energy giant, Eni.

North Sea-focused Ithaca Energy has started production from a subsea tie-back to its FPF-1 facility located in the UK North Sea.

Norwegian offshore safety regulator has carried out an audit of maintenance management on one of Seadrill’s jack-up rigs.

Sval Energi has received consent from Norway’s regulator to use the facilities on a North Sea field off Norway beyond their original lifespan.

Rosebank, located West of Shetland, is now facing additional obstacles that may hinder its progress and delay the sanctioning yet again.

While tackling the energy trilemma, BP has been working on multiple projects and three of these are on track to start up next year.

A price cap for seaborne Russian crude oil is being imposed by the G7 and Australia while OPEC+ has decided to keep the status quo.

Serica Energy has found hydrocarbons in an exploration well in the North Sea off the UK, but the commercial quantity is yet to be determined.