German oil and gas company Wintershall Dea has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for production drilling and completion on the Nova field using the West Mira drilling rig.
The U.S. active offshore rig count last week dropped by one unit compared to the previous week, Baker Hughes Company said on Friday in its weekly rig count report.
Borr Drilling has decided to sell two jack-up rigs for total cash proceeds of $15.8 million.
The UK Oil & Gas Authority (OGA) has approved IOG’s field development plan for the Core Project Phase 1 located in the UK North Sea.
Oslo-listed seismic player PGS has completed the Painimaut 3D multi-client program in Papua New Guinea. Fast-track 3D GeoStreamer data is now available. The Painimaut program targets a number of play types in the under-explored Papuan Basin in both held and vacant acreage. The survey targets the Ter
Transocean recorded a wider loss in the first quarter of 2020 when compared to the same period last year due to impairments on assets.
FAR Limited has said it is unlikely it will be able to finance its part of the Sangomar project development in Senegal. Therefore, FAR has started a process to sell all or part of its working interest in the project.
ConocoPhillips went from a profit in the first quarter last year to a loss in the same period of 2020 after being hit by impairment charges and lower oil and gas prices.
Maersk Drilling has been awarded a contract by Equinor for the drilling of three and plugging of one well on the Martin Linge field offshore Norway.
Lundin Energy saw its quarterly revenues grow on the back of Johan Sverdrup start-up. As a result of strong performance from the Norwegian fields, Lundin has increased its full-year production guidance.
The Norwegian Government has decided to make oil production cuts in an attempt to more rapidly stabilise the oil market.
French energy major Total has joined a project to explore the potential of powering offshore oil and gas platforms with floating wind and wave energy. The O/G Decarb innovation project will examine the possibility of using a combined wind and wave technology on a floating foundation to store energy
Valaris booked $3 billion loss in the first quarter of the year affected by impairments and fleet utilization decline.
Norwegian oil and gas company Equinor has drilled a dry well near the Oseberg field in the North Sea off Norway.
