The Norwegian government has given its stamp of approval for the Equinor-operated Snøhvit Future project, which comes with plans for the future operation of Snøhvit and Hammerfest LNG, subject to certain conditions.
Tullow Oil has gained approval from the government of Gabon for the extension of several of its Gabon licences to 2046.
OKEA will be taking over the operatorship next month from the compatriot player, DNO Norge, at the Brasse license in the North Sea.
Diamond Offshore has tucked under its belt new contracts and extensions for its rig fleet in the U.S. Gulf of Mexico, the UK, and Senegal.
Valaris revealed a pricing of $400 million upsized private placement of additional 8.375 per cent senior secured second lien notes due 2030.
TotalEnergies and SOCAR have inked a deal, which will enable each to sell a 15 per cent participating interest in a gas field off Azerbaijan.
18 energy trade groups have called on the Biden administration to finalise a new five-year programme for federal offshore leasing.
Azule Energy, a joint venture between BP and Eni, has awarded TechnipFMC and Aker Solutions with contracts for its Ndungu project offshore Angola. TechnipFMC has received a contract, worth between $75 million and $250 million, to supply flexible pipe for the project that will tie into Block 15/06 We
Valaris has confirmed the start of TotalEnergies’ drilling campaign offshore Angola, which is being carried out by one of its drillships.
Valaris has won new contracts for two floaters and two jack-ups in its rig fleet for work in West Africa, the Gulf of Mexico, and Australia.
Malaysia Marine and Heavy Engineering (MMHE) has placed an order with a Japanese company for a gas compressor to be used for what the company says is the world’s largest offshore carbon capture and storage (CCS) project. The Tokyo-headquartered Kawasaki Heavy Industries revealed on 1 August that it
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.
