In a recent study, the oil & gas maintenance managers have voiced concerns over growth in procedures and the lack of equipment reliability.
Norway saw a slight increase in oil & gas production in July compared to figures from June 2022, but oil output is still below predictions.
A closer look at this week’s snapshot of the most recent energy transition-related developments reveals an outline of what the future may hold for the sector.
Maersk Drilling believes that the global floater market will continue to benefit from an ongoing recovery.
To bring new investments into the oil & gas sector and boost production, Nigeria inked new PSCs for six offshore licences with oil majors.
Following an official send-off last week, Türkiye’s fourth drillship has kicked off drilling operations on its first-ever offshore exploration well.
Aker Energy is postponing the filing of its prepared development plan for the Pecan field offshore Ghana to the country’s authorities.
Suncor has revealed that the Terra Nova life extension project is making progress and the FPSO is expected back in Canada by the end of 2022.
Enauta has restarted production from a field off Brazil following a shutdown in preparation for the recertification of the field’s FPSO.
Rystad: Drilling success rate is set to rebound this year with the potential to result in one of the highest hydrocarbon volumes total on record.
ExxonMobil has joined forces with ONGC to pursue hydrocarbon exploration opportunities in deep waters offshore India.
Equinor is planning to conduct seismic exploration activities in the Argentine Sea but the environmentalists claim that the development of the offshore oil industry there would be disastrous.
The new U.S. energy bill is celebrated by environmentalists but the oil & gas lobby sees it as a detriment to investment in fossil fuels.
Petrobras has started the process for the sale of a partial interest in exploration assets in the Potiguar Basin offshore Brazil.
