As the final day of the COP26 conference is approaching, the pressure to end the era of fossil fuels is mounting and all eyes are on Glasgow.
Tullow Oil has exercised its right of pre-emption to the sale of Occidental’s stakes in the Jubilee and TEN fields in Ghana to Kosmos Energy.
Shelf Drilling has revealed that 27 of its jack-up rigs are under contract and it expects to see an improvement in the global jack-up demand.
Equinor is putting together a team of Norwegian suppliers for the development of its operated Wisting field in the Barents Sea.
Aker BP has concluded the drilling of a wildcat well in the North Sea and encountered a minor oil discovery, which is not commercial.
Oil major ConocoPhillips has submitted its plan for the development and operation of a field in the North Sea to Norwegian and UK authorities.
Deltic Energy has completed the farm-out agreement of five of its gas licences in the Southern North Sea with Cairn Energy.
A Japan Drilling Company-owned jack-up rig has started drilling operations in waters offshore Vietnam for PetroVietnam.
The number of offshore rigs in the U.S. remains unchanged at 13 for two weeks in a row, as revealed within Baker Hughes’ weekly rig count report from last Friday.
Echoing the sentiment of its rivals Transocean and Valaris, Noble has said it is seeing consistent signs of recovery in the offshore rig market.
Borr Drilling now has 17 rigs contracted or committed amid strong demand for offshore rigs and is on track to fully contract its fleet by 2022.
Oil major Shell has restarted production at its Mars and Ursa platforms in the U.S. Gulf of Mexico following Hurricane Ida earlier this year.
Woodside has cut the proved and probable gas reserves estimate for the Greater Pluto area off Western Australia following subsurface studies.
Wintershall Dea has begun the last part of the Nova drilling campaign from the Scarabeo 8 rig after originally starting about a year ago.
