
In the aftermath of COP27, many argue that very little progress was made on the phasing out of fossil fuels.

Transocean has set the wheels into motion to acquire an interest in a newbuild drillship, after entering into a new joint venture.

Aker Solutions has been awarded an extension for maintenance and modification work on the Johan Sverdrup field in the North Sea off Norway.

Oil and gas exploration company Eco (Atlantic) Oil & Gas has completed drilling of an exploration well on Block 2B offshore South Africa but came up empty as no commercial hydrocarbons were encountered. However, the operator is proceeding with its plans for more exploration wells. The Island Drillin

ExxonMobil has awarded a deal for operations in Canada to a rig owned by SFL Corporation and managed by Odfjell Drilling.

China’s oil and gas player CNOOC Limited has kicked off production from a gas development project in the Bohai Sea.

BW Energy is setting the wheels into motion to drill the first well in its drilling programme for an oil development project off Gabon.

A joint venture between KBR and SOCAR has been awarded a contract by BP for the delivery of an unmanned compression platform in Azerbaijan.

Saipem has secured multiple new drilling deals in the Middle East and West Africa, which are worth approximately $800 million.

Valaris has revealed that one of its rigs has completed its assignment in the U.S. Gulf of Mexico (GOM) with Murphy Oil and moved to Mexico.

Valeura Energy has inked a deal for an FSO, which will be deployed on its oil field project in the Gulf of Thailand.

London-headquartered oil and gas company Tullow Oil is planning to drill four new wells at a field located offshore Ghana, which are expected to be brought on stream in 2023. Tullow Oil announced it is planning to drill two new production wells at Jubilee South East before the end of the year, and a

Singapore’s Sembcorp Marine has completed the work for two offshore platforms destined for an oil field project located in Qatari waters.

Neptune Energy has encountered hydrocarbons during the drilling of an exploration well located in the Norwegian Sea.