CNOOC Europe has awarded Worley a two-year contract to provide engineering, procurement and construction services to its three operated North Sea assets.
Vaalco Energy is hedging a portion of its production to protect cash flows, which will be used for its fresh drilling program this year and the next.
Oilfield services provider Petrofac has secured an enhanced, five-year contract in the UK sector of the North Sea with INEOS FPS.
Oil and gas company Neptune Energy and its joint venture partners BP and JAPEX, have started drilling on the Seagull project in the UK Central North Sea.
U.S. oil and gas company Hess Corporation managed to reduce its loss in the last quarter of 2020 compared to the prior-year period despite lower production.
Norwegian oil and gas company Equinor is expecting a third capacity increase at its operated Johan Sverdrup field offshore Norway.
Aker BP has received consent from the country’s offshore safety regulator to use the Maersk Integrator rig for production drilling on the Tambar field.
Deep-ocean polymetallic nodules exploration company DeepGreen Metals announced an upward revision to the nodule resource reported within the NORI-D exploration contract area held by its subsidiary, Nauru Ocean Resources in the Clarion Clipperton Zone (CCZ) of the Pacific Ocean. DeepGreen now estimat
Enauta, formerly known as QGEP, has once again been forced to stop production from the only producing well on the Atlanta offshore field.
Oil and gas company Chrysaor has started preparations to drill an exploration well in the North Sea, using the COSLInnovator rig.
Equinor has selected a new class of startups to work on unlocking opportunities within oil and gas, renewables, and low-carbon solutions.
Brazilian oil major Petrobras has noted a small decrease in its proved reserves of oil, condensate, and natural gas for 2020 when compared to figures from the year before.
MMH Malta, a port facility and provider of services for offshore drilling rigs, has completed a maintenance program on a Vantage Drilling-owned jack-up rig.
After the costliest Chapter 11 year in history, 2021 bankruptcy numbers will normalize if WTI keeps up, an analysis by Rystad Energy has shown.
