Italy’s Eni and Australia’s Santos have agreed to cooperate on projects in northern Australia and Timor-Leste.
Petrobras has started the bidding process for the acquisition of a new FPSO for the Búzios field, in the Santos Basin pre-salt area.
The number of offshore rigs in the U.S. increased by two units over the last week, according to a Friday rig report by Baker Hughes.
Brazil’s state-owned oil major Petrobras had an average production of 2.765 million barrels of oil equivalent a day in the first quarter of 2021, an increase from the fourth quarter but a decline when compared to the same quarter in 2020.
Oil and gas investment company ADM Energy has completed the acquisition of a controlling interest in a risk-sharing agreement for the development of the Barracuda field.
Scandinavian Biogas Fuels International AB has decided to invest approximately NOK 170 million (about $20.7 million) in a liquid biogas plant (LBG) in Skogn, outside Trondheim, Norway.
German oil and gas company Wintershall Dea has had a record quarterly production in the first quarter of 2021 with 659,000 barrels of oil equivalent a day and reduced its net debt by almost a third.
Oil and gas company Lundin Energy Norway has partnered up with Swedish wave energy developer Ocean Harvesting Technologies to explore the potential of using wave energy to decarbonise the production of oil and gas on offshore platforms.
U.S. supermajor ExxonMobil has made another oil discovery offshore Guyana with the Uaru-2 well in the Stabroek Block.
Oil and gas company Lundin Energy has sold the world’s first-ever certified carbon neutrally produced oil to Saras S.p.A from its Edvard Grieg field offshore Norway.
Oil major BP and India’s Reliance Industries have started production from the Satellite Cluster gas field in block KG D6 off the east coast of India.
Shearwater’s Geo Coral vessel has started the Archer 3D seismic survey that will cover the Dorado development and the exploration potential to the south west of the field located in the Bedout Sub-basin offshore Australia.
Oil major BP has started producing gas from the Raven field, the third stage of the large West Nile Delta (WND) development off the Mediterranean coast in Egypt.
Offshore drilling contractor Seadrill has secured a four-year firm contract with four one-year options, for the West Saturn drillship with Norwegian oil major Equinor in Brazil.
