CNOOC Limited has started production from the Liuhua 21-2 oilfield, located offshore China, ahead of schedule.
The number of offshore rigs in the U.S. decreased to 14 last week, according to Baker Hughes weekly rig count reports.
U.S. oil majors ExxonMobil and Chevron both returned to profit in the second quarter of the year driven by higher oil and gas prices.
The Petrofac-operated East Cendor field in Block PM304 located offshore Peninsular Malaysia has achieved its first oil production.
Xodus is assessing the infrastructure and modifications required to enable electrification of Harbour Energy’s Central North Sea assets.
PetroRio has been granted a royalty rate reduction for the Tubarão Martelo field in an effort to incentivise investment in revitalization.
Turkey’s oil and gas company TPAO has successfully completed the first flow test of the Türkali-2 appraisal well in the Sakarya gas field located in the Black Sea.
TotalEnergies and APA Corporation have encountered oil in the Sapakara South-1 well on Block 58 off the coast of Suriname.
Offshore drilling contractor Transocean has won two contracts which, in aggregate, contribute approximately $55.5 million in the backlog.
Oil major ExxonMobil has made an oil discovery at Whiptail well off Guyana, which could form the basis for future development.
Norwegian authorities have granted consent for the start-up of the Neptune Energy-operated Duva field in the North Sea off Norway.
BW Energy has completed the final horizontal production well in Gabon and is now working to tie in two wells for the first oil production.
UK oil and gas company Hurricane Energy has resumed production operations from its Lancaster field following an annual maintenance shutdown on the Aoka Mizu FPSO.
Australia’s Santos has started production from the Phase 3C infill drilling program at the Bayu-Undan field with the company reporting a better than anticipated outcome from the first well.
