NAM, a 50/50 joint venture (JV) between the UK-based Shell and the U.S.-headquartered ExxonMobil, is expecting to close its exploration and gas production chapter in the North Sea after more than 60 years next year. However, the inability to settle the dispute regarding the end of gas extraction act
Shelf Drilling has secured more assignments for two rigs in its jack-up fleet, which will carry out drilling activities off the coast of Nigeria.
Angola is determined to continue its hydrocarbon exploration and bring new oil and gas projects online while curbing its greenhouse gas (GHG) emissions footprint and enriching its energy arsenal with renewable energy sources to pave the way for a just energy transition.
UK regulator North Sea Transition Authority (NSTA) and The Crown Estate, manager of the seabed and renewable energy rights within the economic zone in England, Wales and Northern Ireland, have signed a new Statement of Intent as part of joint aspirations to ensure a more sustainable and closely coor
A consortium of ExxonMobil and Helleniq Energy has commenced the second phase of seismic research at a gas exploration block offshore the Greek island Crete, set to bring the partners toward the final decision for exploration drilling. State company Hellenic Hydrocarbons and Energy Resources Managem
The board of directors of Brazilian oil and gas firm 3R Petroleum Óleo e Gás has approved the execution of the protocols and justifications for the merger of its wholly owned subsidiaries Enauta Participações and 3R Operações Offshore.
Vår Energi has received the all-clear from Norway’s authorities to use one of COSL Drilling Europe’s semi-submersible rigs for drilling operations at three wells in the Barents Sea.
Luxembourg-domiciled Subsea7 has secured yet another contract for work in the U.S. Gulf of Mexico, this time for a subsea tieback development with an undisclosed client. Under the contract defined as sizeable, meaning it is worth between $50 million and $150 million, Subsea7 is in charge of transpor
KCA Deutag has landed multiple new onshore and offshore drilling assignments and extensions, spanning different continents, which expands its total backlog by $900 million.
UAE-headquartered diving company PETRODIVE and Malaysia-based Seatech Engineering Maintenance have entered into a commercial collaboration agreement (CCA) to boost commercial diving operations in Sabah, Malaysia. The agreement, signed by PETRODIVE’s CEO, Stéphane Troté, and Seatech’s Managing Direc
Shell is setting all the puzzle pieces together to kick off production from a natural gas development off the coast of Malaysia. The latest milestone in this project comes with the jacket and topside sail-away events for an offshore platform specifically built for the project and designed to run on
Following June’s call for expressions of interest (CEI) to develop a network of CO2 transport infrastructure in France, French liquefied natural gas (LNG) operator Elengy has launched feasibility studies for the project in partnership with compatriot Société du Pipeline Sud-Européen (SPSE), a player
MHB has landed a conversion deal to breathe new life into a mobile offshore drilling unit (MODU) by turning it into a water injection facility (WIF) designed to optimize reservoir pressure, enhance oil recovery rates, and reduce environmental impact.
The Danish Energy Agency has launched the tendering procedure for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion ($4.2 billion) available for interested parties to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, trans
