United Oil & Gas is engaged in talks with Quattro Energy regarding a potential further extension for the sale of its license in the North Sea.
BP has revealed solid results for the second quarter of 2023, however, this represents a 70 per cent decrease on a year-over-year basis.
Offshore drilling contractor Transocean has expanded its contract backlog with multiple new deals during the second quarter of 2023.
Borr Drilling has secured letters of award (LOA) for two premium jack-up drilling rigs, which increase the company’s firm backlog by approximately 421 days, excluding optional periods.
Valaris has secured a new long-term contract with an undisclosed company for one of its drillships, which is stacked in Spain.
UAE’s ADNOC has decided to step up its decarbonisation efforts by accelerating its net-zero ambition to 2045.
Fugro has completed another fully remote offshore survey inspection in the North Sea for the oil and gas operator TAQA Group. Fugro completed its first fully remote offshore integrity inspections campaign in the North Sea for TAQA Netherlands at the beginning of the year using the Fugro Orca Blue Es
Jadestone Energy has temporarily shut in production from an FPSO vessel operating at a field in the Timor Sea offshore Australia.
The UK government has selected two carbon capture and storage (CCS) projects to establish two new clusters through the Track 2 process.
North Sea Transition Authority’s new analysis shows that domestically produced gas is significantly cleaner than the imported LNG.
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States climbed a notch last week.
As the world faces record-breaking high temperatures, the offshore energy sector is trying to stay on the net-zero course – embracing its extensive role in the energy transition. In this process, the industry is dealing with the following goals: to provide energy that is secure, affordable and lower
While Chevron and ExxonMobil recorded strong performance in 2Q 2023, this still represents a sharp decrease year-over-year.
Norwegian offshore safety regulator has given Equinor consent to carry out modifications at a platform operating on a field in the Norwegian Sea.
