Rystad has revealed that Guyana’s offshore oil & gas industry is poised to enter the big league with revenues set to break $1 bln in 2022.
Pemex has taken over the ownership and operation of the FPSO operating on the second largest offshore oil complex in Mexico from BW Offshore.
CGX Energy and Frontera Energy, partners in the Corentyne block offshore Guyana, have announced a transaction for the block.
Woodside has abandoned its previous plans related to the sell-down of equity interest in its operated Sangomar project located off Senegal.
Norway has recorded a high level of exploration activity in the first half of 2022, which has led to six discoveries so far.
With another major milestone achieved, Norway’s energy giant Equinor has moved closer to re-starting production at its operated Njord field offshore Norway.
Chevron plans to deliver an optimised development concept for the Aphrodite gas field located offshore Cyprus to the country’s authorities.
Oil and gas company Wintershall Dea has found no hydrocarbons in the Brage South exploration well located in the North Sea off Norway.
While Norway recorded a slight increase in gas production in June 2022, the oil output fell yet again behind the NPD’s predictions.
French-headquartered energy giant TotalEnergies has completed all the required steps to pull out of Myanmar.
The oil and gas sector’s offshore EPC spend is expected to total $276 billion, forecasts Westwood Global Energy.
Valaris has prepared one of its semi-submersible drilling rigs for a drilling campaign with Santos in waters offshore Australia.
MODEC has seen its new FPSO vessel set sail from China to Brazil to work in the pre-salt Santos Basin for Petrobras.
Equinor decided to add more wells to the backlog of an Odfjell Drilling-owned rig, which now has eight more wells to drill offshore Norway.
