Santos has kicked off drilling operations on the second well in its campaign offshore Western Australia, using a Noble-owned jack-up rig.
Neptune Energy will double gas output from the Duva field in the North Sea to support increased supplies to the UK and Europe.
Surging oil, gas and power prices together with the EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.
Ithaca Energy, owned by Israeli Delek, has reached an agreement to acquire Siccar Point Energy, the operator of the Cambo oil project.
In light of the war in Ukraine and amid rising concerns over energy security, the UK government has moved to strengthen its energy security.
After several delays, the government of Canada has approved the Equinor-operated Bay Du Nord offshore oil project.
A notable update relates to a Valaris drillship contract in the Gulf of Mexico, which has now been novated from TotalEnergies to Equinor.
After confirming rig mobilisation date, Western Gas has set all the wheels in motion to drill the Sasanof-1 well on the North West Shelf.
The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.
DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.
Saipem has been awarded new contracts in offshore drilling in the Middle East and in West Africa for a total amount of over $400 million.
Woodside has received key approvals for the execution of its operated Scarborough project located offshore Western Australia.
Grupo CBO has inked new deals for three platform supply vessels (PSVs) with the Brazilian subsidiary of Norway’s state-owned giant Equinor.
Santos has made an important step on the path towards a final investment decision on the Dorado project located offshore Australia.
