Equinor has made a significant hydrocarbon discovery with excellent reservoir quality in the Kveikje exploration well, located off Norway.
Following the acquisition of the remaining interests, W&T Offshore has successfully consolidated its ownership of the Gulf of Mexico assets.
Karoon Energy has made a decision to commit to a new drilling campaign within an existing oil discovery offshore Brazil.
Following the Yellowtail project’s FID, ExxonMobil and SBM Offshore have firmed up a contract for the supply of an FPSO.
ExxonMobil has sanctioned its fourth and largest to date oil development on its operated Stabroek Block located offshore Guyana,
Offshore rig owner Borr Drilling has been awarded new contracts and extensions for five of its jack-up drilling rigs.
While being engaged in talks for a further extension, BW Offshore has secured a short-term one for an FPSO operating off the Ivory Coast.
The Danish Energy Agency has published an analysis of the potential for reducing CO2 emissions from domestic oil and gas extraction by electrifying the platforms in the North Sea.
After identifying a mechanical issue on a platform, IOG is experiencing a further delay in fixing the fault to resume production from Blythe.
The International Energy Agency’s (IEA) 31 members agreed to a new release of oil from emergency reserves in response to the market turmoil.
Petrobras has made an oil discovery in a wildcat well off Brazil and will continue drilling until the final depth is reached to evaluate it.
Following an oil discovery in the first, Santos is preparing to start drilling operations on its second well offshore Australia.
Maersk Drilling has been awarded contracts with Shell for the provision of a drillship for drilling services offshore multiple countries.
U.S. President Joe Biden announced plans for what is said to be the largest release from the strategic petroleum reserves in American history.
