
Malaysian offshore drilling contractor Velesto Drilling has been awarded a contract by Shell for the provision of jack-up rig services.

Ithaca Energy has sanctioned the Captain Enhanced Oil Recovery Stage 2 project in the UK Central North Sea.

Maersk Drilling has been awarded a contract from Tullow for the provision of the drillship Maersk Venturer for operations off Ghana.

Petrobras has revealed that the first production from its Mero 1, through FPSO Guanabara, has been postponed due to FPSO construction delays.

North Sea-focused Jersey Oil & Gas (JOG) has now completed its acquisition of the entire issued share capital of CIECO V&C.

Perth-based oil and exploration company Finder Energy has been awarded a 100 per cent interest in the P2528 Licence in the 32nd UK Offshore Licensing Round.

Maersk Drilling has secured a contract with Shell for the 7th generation drillship Maersk Viking to drill offshore Malaysia.

Italian oil and gas company Eni has made a new light oil discovery in Block 15/06, which is located in Angola’s deep offshore.

Petrobras has signed agreements with BP to take over BP’s entire stakes in six blocks, located in ultra-deepwater in northern Brazil.

State-owned Qatar Petroleum has entered into an agreement with oil major Shell to become a partner in two exploration blocks offshore the Republic of Namibia.

Tullow Oil has started a multi-year, multi-well drilling campaign off Ghana following the beginning of drilling of the first well at the Jubilee field.

Masirah Oil has completed drilling three exploration prospects that were located near to the Yumna offshore field, located in the Arabian Sea.

Malaysian oil and gas giant Petronas has declared force majeure on its Yetagun field, located offshore Myanmar, due to a significant decline in output.

The number of active offshore rigs in the U.S. is up by two units over the last week, according to a weekly rig count report by Baker Hughes.