
Abu Dhabi-based rig operator is now only 1 rig shy of 100 following an introduction of two more jack-up rigs to its fleet.

Offshore rig owner Maersk Drilling and oil company Aker BP have agreed to a rig swap for an extended scope of work offshore Norway.

Beach Energy has boosted production after achieving the first gas from two wells in the Otway Basin offshore Australia.

TotalEnergies and Inpex have agreed to sell a company holding two blocks located offshore Angola to the Angolan company, Somoil.

Norway’s PSA has given Equinor consent to use one of Floatel’s semi-subs as a mobile quarters facility at a North Sea field off Norway.

Inpex plans to carry out exploration drilling offshore Shimane and Yamaguchi prefectures in Japan to locate oil and gas resources.

Lundin Energy is in the process of concluding the drilling of a wildcat well east of the Ormen Lange field in the Norwegian Sea.

According to Baker Hughes’ weekly rig count report, the number of offshore rigs in the U.S. is continuing its upward progress.

TotalEnergies has decided to exercise its option for one additional well to be drilled by the Maersk Drilling-owned Maersk Valiant rig.

Rystad’s analysis shows offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35 per cent in this decade.

Carnarvon Energy has confirmed the drilling operations at its Buffalo-10 well, located offshore Timor-Leste, are progressing as scheduled.

Rex described the previous year as transformational, revealing that its primary goal for the future is to increase production and reserves.

Brazilian oil and gas company Enauta has stopped production from the Atlanta field, located offshore Brazil, due to a pipeline issue.

In Norway, the combination of high production of oil & gas, significant demand, and high prices led to a historically high level in revenues.