
Mubadala Petroleum has added another development well to its Manora drilling campaign in the Gulf of Thailand, expanding it to four new development wells.

The number of offshore rigs in the U.S. remained unchanged over the last week, according to a Friday report by Baker Hughes.

The Norwegian Petroleum Directorate has granted Neptune Energy a drilling permit for two wildcat wells in the North Sea off Norway.

Global spending is now forecasted to reach $383 billion this year, the lowest level in 15 years and a staggering 29 per cent decrease of $156 billion compared to 2019, according to Rystad.

CNOOC Limited has started production from the Qinhuangdao 33-1S oilfield phase I project, located offshore China.

Aker BP and Equinor have entered into an agreement in principle on commercial terms for a coordinated development of the licences Krafla, Fulla, and North of Alvheim.

Aker Solutions has been awarded a contract from Subsea 7 to deliver umbilicals for Murphy Oil’s King’s Quay development in the U.S. Gulf of Mexico.

Offshore oil and gas operators are resuming operations on platforms and rigs in the Gulf of Mexico following Tropical Storm Cristobal.

16 industry, research and public players have partnered in GCE‘s Centre for Deep Sea Innovation to step-change autonomous exploration. The main application is towards marine minerals, but the potential is far greater, GCE said. Specifically, the Centre’s main goal is to increase deep sea exploration

OPEC, Russia, and other oil producers agreed to extend their record oil production cuts of 9.7 million barrels per day by another month.

Equinor and its partners have made an investment decision to partly electrify the Sleipner field located offshore Norway.

Norwegian oil and gas company Aker BP has awarded Kvaerner the contract for delivering the topside and steel substructure for the unmanned wellhead platform at the Hod field.

Enshore Subsea is developing new solutions to responsibly recover minerals from the ocean floor. These minerals, among other things, are essential for Electric Vehicle batteries. This pioneering industry has the potential to create a billion-pound-a-year market in the North East of England, Enshore

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