Equinor has decided to invest NOK 3 billion ($342.8 million) in the Statfjord Øst field to improve recovery by 23 million barrels of oil equivalent.
ConocoPhillips has made a new oil discovery in production license 891 located 14 miles north-northeast of the Heidrun field in the Norwegian Sea.
Eni has signed a concession agreement for the acquisition of a 70% stake in a block off Abu Dhabi, leading a consortium including Thailand’s PTTEP.
Bahamas Petroleum Company (BPC) has started drilling its eagerly anticipated Perseverance #1 well offshore the Bahamas and using the Stena IceMAX drillship.
The number of offshore rigs in the U.S. climbed up by three units over the last week, according to a report by Baker Hughes Company.
Offshore drilling contractor Vantage Drilling has been awarded a contract for one of its jack-up drilling rigs by Trident Energy.
Equinor has received consent from the country’s offshore safety watchdog to use the Deepsea Atlantic rig on a well in the North Sea off Norway.
Wintershall Dea has exercised two options in a platform drilling services contract with Odfjell Drilling on the Brage platform off Norway.
BP and India’s Reliance Industries have started production from the R Cluster, an ultra-deepwater gas field in block KG D6 off the east coast of India.
Norwegian authorities have granted consent for the start-up of two new wells on the Neptune Energy-operated Gjøa field in the North Sea.
Offshore drilling contractor Odfjell Drilling has secured more work for its Deepsea Atlantic drilling rig with Equinor for operations in Norway.
OKEA has signed an agreement with Repsol for the acquisition of Repsol’s 40 per cent interest in PL 972, which includes the Vette oil discovery.
Aker BP and the Skarv partners – Equinor, Wintershall Dea, and PGNiG – have decided to develop the Gråsel discovery located offshore Norway in 2021.
A revised Strategy from the UK OGA, featuring a range of new net-zero obligations for the UK oil & gas industry, was submitted before the UK Parliament.
