FAR has decided to retain the Woodside Contingent Payment within the company and seeks farm-out options or outright sale of Gambian assets.
A Noble Corporation-owned jack-up rig is nearly ready to come back offshore and resume drilling for IOG next month.
ABB has secured a deal with Aibel for the provision of power from shore technology to the Equinor-operated North Sea field.
Eco (Atlantic) Oil & Gas has put all the pieces into place to close the acquisition of the Azinam Group and its asset portfolio.
ExxonMobil has completed its drilling operations on the Cutthroat prospect, located in the Sergipe-Alagoas Basin off Brazil.
Aker BP has secured approval from the Norwegian government to increase gas production from a field located in the Norwegian Sea off Norway.
Eni has announced what it says is a major upgrade of the resource base in the Ndungu field, located offshore Angola.
Talos Energy is disappointed by a decision from the Mexican government to make Pemex the operator of the Zama field following a unitisation dispute.
Hurricane Energy has signed a contract with Bluewater, the owner of the Aoka Mizu FPSO, for an extension to the bareboat charter.
After climbing back to 12 units, the number of offshore rigs in the U.S. upped the ante last week and increased to 14.
The U.S. will supply 15 bcm of LNG to the EU this year to strengthen European energy security and reduce reliance on Russian energy.
Offshore drilling contractor Diamond Offshore has revealed it will be returning to the New York Stock Exchange after nearly two years.
After firming up a rig slot, Empyrean is looking forward to drilling the Jade prospect well, located in Block 29/11 off China, in a few days.
Waldorf is buying the entire UK business of Hungary’s MOL, which will see it double its staek in the North Sea’s Greater Catcher Area.
