Spirit Energy has received approval from Norwegian authorities for a life extension of its Vale gas field located offshore Norway.
The toll of the Covid-19 on upstream investments in the first two years of the downturn is estimated at $285bn, Rystad Energy reports.
Chevron has shut down production at its Tamar field located offshore Israel amid escalating violence and tensions in the region.
Kawasaki Heavy Industries, Linde Gas Singapore and Mitsui O.S.K. Lines (MOL) have joined Keppel Data Centres and Vopak LNG to explore the concept development of a supply infrastructure to bring liquefied hydrogen (LH2) into Singapore to power Keppel’s data centres.
TGS has commenced the 2D multi-client phase 3 survey in the Pelotas Basin offshore Brazil in the South Atlantic. The survey covers approximately 17,000 line kilometers and works as an extension of the existing TGS Pelotas 2D. According to TGS, this survey is designed to provide high quality 2D data
Offshore drilling contractor Maersk Drilling has secured a one-well contract extension for one of its rigs with Total in Suriname.
Shell Offshore, a subsidiary of supermajor Shell, has made a ‘significant’ oil discovery in the deepwater region of the U.S. Gulf of Mexico.
Houston-based Vaalco Energy is hedging a portion of its production to protect cash flows, which will be used for its drilling campaign and the potential floating storage and offloading unit capital upgrade costs.
Australian oil exploration company Carnarvon Petroleum has decided that the drilling of the Buffalo-10 well offshore Timor-Leste would occur in the fourth quarter of 2021.
Dolphin Drilling has secured a Letter of Intent with Wellesley Petroleum for the drilling of an HPHT exploration well on the NCS.
Shelf Drilling is seeing encouraging signs of an improving jack-up market with an increase in the global number of contracted jack-ups.
Brazilian oil and gas company PetroRio has struck oil during the drilling of the Eocene reservoir at the Polvo field located offshore Brazil.
Offshore drilling contractor Seadrill Partners has secured a contract for one of its drillships with an undisclosed client in Malaysia.
Offshore drilling contractor Valaris has been awarded a contract extension for one of its jack-up drilling rigs by Mubadala Petroleum.
