NOPTA is assessing the sale agreement between Pilot and Triangle for the offshore Perth Basin exploration permit WA-481-P.
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for three wells in the North Sea offshore Norway.
Fortune Business Insights expects global well intervention market growth to be driven by initiatives to boost production from ageing wells and oil and gas discoveries.
CGX will continue with the demobilisation of exploration drilling off Guyana, according to the Guyanese Maritime Administration Department.
Shelf Drilling has secured long-term contract extensions with Chevron for two jack-up rigs for operations in the Gulf of Thailand.
Borr has reached agreements in principle with creditors to defer $1.4 bln debt maturities to benefit from market recovery.
CNOOC Petroleum and Flotation Energy are working on a project, which would see one of the UK’s largest oil and gas assets electrified with power from a floating offshore wind farm.
Sevan SSP has revealed its concept was chosen for the Equinor-operated Wisting field development in the Barents Sea.
An analysis of oil and gas discoveries in 2021 by Rystad has revealed that discovered volumes are on track to hit lowest level in 75 years.
The number of offshore rigs in the U.S. has lost its upward traction and came to a stop, based on Baker Hughes’ weekly rig count report.
Oil major ExxonMobil has started drilling the Glaucus-2 appraisal well located in Block 10 offshore Cyprus.
FAR is encouraged by oil shows and potential reservoirs encountered in its well off The Gambia despite no live oil columns being present.
The first lifting of oil from the Repsol-operated Yme field in the North Sea has been completed following the field start-up in October 2021.
Russian oil and gas giant Lukoil has produced over 30 million tonnes from the Vladimir Filanovsky field located in the Caspian Sea.
