Lundin Energy is in the process of concluding the drilling of a wildcat well in the North Sea after encountering disappointing results.
Lukoil has concluded an agreement on acquiring an interest in the Shah Deniz gas project in the Caspian Sea from Petronas.
ExxonMobil has increased its estimate of the discovered recoverable resource for the Stabroek Block off Guyana following its latest discovery.
Equinor has awarded COSL Offshore Management a contract to drill on Statfjord Øst field off Norway with the COSLPromoter rig.
UK petroleum regulator has not approved Shell’s proposed plan for an ultra-high pressure/high-temperature gas field in the UK North Sea.
Offshore drilling contractor Valaris has been awarded an extension to its bareboat charter agreement with ARO Drilling for a jack-up rig.
Activists from Extinction Rebellion Scotland have blocked an oil rig maintenance facility, demanding a stop to fossil fuels extraction.
Oil major Shell has restarted output from the Olympus platform located in the U.S. Gulf of Mexico following Hurricane Ida.
Empyrean Energy has awarded a contract for a well site survey over the Jade prospect offshore China to COSL ahead of drilling operations.
Brazil’s Petrobras is selling its interest in a company, which owns interests in 15 offshore fields in the U.S. Gulf of Mexico.
Petrobras has resumed production from the Manati gas field located off Brazil following the completion of pipeline repairs.
A large oil spill has been reported off the Southern California coast, causing at least 126,000 gallons of oil to spill into the Pacific Ocean.
Unplanned maintenance is underway at the Shell-operated deepwater oilfield Gumusut-Kakap, which is located offshore Malaysia.
The number of offshore rigs in the U.S. has seen a steady increase for two weeks in a row, based on Baker Hughes’ weekly rig count report on Friday.
