
Talos Energy has kicked off production from two oil and natural gas deepwater discoveries in the U.S. Gulf of Mexico.

Oil prices have now settled down, but is this just the calm before the storm or will prices remain stable without further spikes?

Valaris has tucked a long-term contract in Brazil under its belt for one of its drillships, which will carry out operations for Petrobras.

CNOOC Limited has kicked off production from oilfields Phase II development project in the South China Sea, offshore China.

Galp is currently drilling a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries.

While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.

Three rigs stand out as the highest-paid ones during the second half of 2023. Unsurprisingly, all three spots were taken by drillships.

Shell has picked Seatrium for the construction and integration of its new FPU destined for its project in the U.S. Gulf of Mexico.

Westwood Global Energy, an energy market research and consultancy firm, has outlined its top three predictions for 2024.

Shell has tucked a green light for its environment plan (EP) under its belt for a seabed survey on the Crux natural gas field off Australia.

Woodside has received a stamp of approval for an environment plan, covering seabed intervention and trunkline installation off Australia.

Beach Energy has received the green light for a revised environment plan, entailing subsea installation and commissioning off Australia.

The oil and gas industry become a hotspot for multi-billion mergers and acquisitions in 2023 while hinting at further consolidation in the fossil fuel machinery.

Petrobras has kicked off production from an FPSO vessel at its giant oil field in the pre-salt area of the Santos Basin offshore Brazil.