Following an agreement to combine, Aker BP and Lundin Energy have now signed a merger plan with an aim to close the deal in mid-2022.
MacGregor, part of Cargotec, has inked a deal to supply FPSO offloading systems for CNOOC’s redevelopment project in the South China Sea.
Neptune Energy has received a drilling permit from Norwegian authorities for a well located in the North Sea off Norway.
Offshore drilling contractor Transocean has secured more work for its fleet of drilling rigs, pushing its backlog up to $6.5 billion.
Frontera Energy and CGX Energy will not be moving forward with its previous plans for exploration drilling in Demerara block off Guyana.
Malaysia’s Icon Offshore has secured a drilling contract with oil major ConocoPhillips for operations offshore Sarawak.
After taking a downturn and falling down to 16 units, the number of offshore rigs in the U.S. came to a halt and remained unchanged.
ExxonMobil has kicked off the first production from the second phase of its Liza project, making it Guyana’s second offshore development.
Stena Drilling has secured a new contract for a semi-submersible rig with TotalEnergies for operations off the UK.
CBO has added a new PSV to its fleet and signed its second contract for one of its AHTS vessels with Karoon Energy.
TotalEnergies saw its quarterly profit soar at the end of 2021 while returning to the black on a y-o-y basis driven by higher prices.
Aker BP is planning to drill 13 exploration wells this year while also working to develop several projects in Norway, including a new Alvheim tieback.
French energy major TotalEnergies is withdrawing from its operated project located in the deepwater Gulf of Mexico.
ConocoPhillips has received consent from a regulator to use one of Prosafe’s semi-submersible units at Norway’s first producing field.
