
China’s oil and gas giant CNOOC Limited has launched an initial public offering on Shanghai Stock Exchange, raising about $4.4 billion.

i3 Energy and Europa have inked a farm-in deal for a sub-area of UKCS Licence P.2358 containing the Serenity discovery in the UK North Sea.

Several offshore rigs owned by Valaris are embarking on their new assignments in the Gulf of Mexico, Mauritania, and Brazil.

Petrobras and its partner Equinor have started production from the first two wells of the IOR project at the Roncador field off Brazil.

Denmark has decided to speed up its renewable energy production and temporarily boost its gas output from the North Sea fields.

Maersk Drilling has entered into an agreement with ADES to sell a jack-up rig for $42.5 million in an all-cash transaction.

Norwegian Ministry of Petroleum and Energy has extended ConocoPhillips’ production licenses in the Greater Ekofisk Area.

Aker BP has received a drilling permit from Norwegian authorities for a wildcat well located in the North Sea off Norway.

Rockhopper, Harbour and Navitas have inked a definitive deal to enable the Israeli player to enter the Sea Lion project.

Danish offshore drilling contractor Maersk Drilling has secured a contract extension for a semi-submersible rig for operations in Australia.

Equinor has released its first energy transition plan, providing an overview of how it is progressing towards its 2050 net-zero ambition.

Empyrean has confirmed the presence of gas clouds over the Jade well off China with drilling results thanks to elevated methane levels.

Santos has failed to find commercial hydrocarbons in the second exploration well in its campaign offshore Australia, the Apus-1.

The invasion of Ukraine has led to tighter gas supplies, higher prices, and an uncertain outlook, resulting in a downward revision to the IEA’s forecast for gas demand this year.