Norway’s oil production in January 2022 fell behind NPD’s predictions by 2.3 per cent, while the gas output also experienced a decrease.
The Office of the Auditor General is taking legal action against parties involved in hydrocarbon exploration deals for acreage off Somalia.
Equinor has shut down the Veslefrikk field, located in the North Sea, in preparation for the upcoming decommissioning activities.
Neptune Energy has awarded a series of contracts to support ongoing operations at its Cygnus Alpha and Bravo platforms in the UK North Sea.
Valaris has secured new contracts for its rigs, however, over $400 million of backlog related to a drillship contract in the Gulf of Mexico now hangs in the balance.
ExxonMobil has started drilling an exploration well on the Cutthroat prospect, located in the Sergipe-Alagoas Basin off Brazil.
Offshore drilling contractor Odfjell Drilling will be taking over the management of a jack-up drilling rig from Seadrill.
TotalEnergies and APA Corporation have a significant new oil and associated gas discovery at in the Block 58, offshore Suriname.
IOG is experiencing a further delay in the start-up of its Saturn Banks Project – Phase 1 due to stormy weather conditions.
FAR and Petronas have completed a review of the prospectivity of blocks offshore The Gambia, opening additional exploration opportunities.
The number of offshore rigs in the U.S. took a steep downward plunge last week and went down by 4 units, based on Baker Hughes’ report.
UAE’s ADNOC has awarded framework agreements to four oilfield services providers valued at $1.94 billion to enable drilling growth.
Lukoil has completed the acquisition of Petronas’ interest in the BP-operated Shah Deniz natural gas project in the Caspian Sea.
Norwegian offshore safety regulator has granted Repsol consent for life extension for a field located in the North Sea off Norway.
