Staatsolie and Chevron are expanding their cooperation in shallow offshore Suriname following the signing of a production sharing contract.
In line with its divestment strategy, Petrobras has agreed to sell its entire stake in a Brazilian deepwater field to PetroRio.
High commodity prices and increasing oil & gas supply are set to push upstream sector payments to governments to an all-time high, Rystad says.
Shell and TotalEnergies have paid for an increased stake in the Petrobras-operated Atapu field located offshore Brazil.
Offshore rig owner Valaris has sold two jack-up rigs to a subsidiary of the UAE-based operator ADES International Holding.
Oil and gas company Neptune Energy has confirmed an oil and gas discovery at its Hamlet exploration wells in the North Sea off Norway.
Activists in Germany turned off crude oil pipelines at five locations, calling the government to stop new fossil fuels projects.
ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block.
UAE-based Shelf Drilling has secured a three-year contract extension for a jack-up rig operating offshore Saudi Arabia.
Empyrean Energy is disappointed after finding no hydrocarbons in the Jade prospect well, located in Block 29/11 offshore China.
The Norwegian Petroleum Directorate has granted ConocoPhillips a drilling permit for a wildcat well located in the Norwegian Sea off Norway.
Woodside has completed more than half of the work related to its Sangomar project in Senegal, but a subsea part of the work is lagging.
Offshore drilling contractor Transocean has been awarded a new contract and extensions for its rigs, adding $87.2 million to its backlog.
Offshore drilling contractor Seadrill has secured new contract awards for two of its rigs with a total value of $105 million.
