Siccar Point Energy believes that Equinor, the operator of the Mariner field, has been premature in its reserves downgrade for the field.
OPEC Secretary General, Mohammad Sanusi Barkindo, is preparing to leave the role at the end of July 2022 following a two-term tenure.
Brazil’s Constellation Oil Services has been awarded new contracts for three of its rigs by Petrobras in Brazil.
Chevron has ordered a key element for the development of its Jansz-Io project from a South Korean shipyard.
Equinor has reduced its recoverable reserves estimate for a field in the UK North Sea, which will result in a $1.8 billion impairment.
Turkey’s TPAO has performed the first flow test in Türkali-1 appraisal well in the Sakarya gas field located in the Western Black Sea.
Norwegian offshore regulator has granted Aker BP consent for exploration drilling in the North Sea, using the Deepsea Nordkapp rig.
Italian oilfield contractor Saipem has been awarded two new offshore contracts in Australia and Guyana, for a total amount of $1.1 billion.
Global oil & gas investments will expand by $26 bln this year as the industry continues its recovery from the pandemic, Rystad Energy says.
CNOOC’s 2022 Business Strategy and Development Plan seeks to increase profit and oil & gas production while advocating green initiatives.
Westwood Energy and its energy transition team gave us their views on the main trends that oil and gas firms should watch in 2022.
McDermott has confirmed a recent contract award with QatarEnergy, saying it is one of the largest single contracts McDermott has been awarded in its company history. The structures will be fabricated in a facility with low-carbon or renewable power as part of McDermott’s sustainability commitments.
Eco Atlantic has inked a deal to expand its footprint offshore South Africa and Namibia by acquiring Azinam Group and its asset portfolio.
McDermott International has been awarded a contract by Woodside for the EPCIC services for its floating production unit off Australia.
