The UK is pivoting towards renewable and low-carbon energy in a push to strengthen energy security, says the Energy Industries Council (EIC).
American consumers are set to be hurt and “become increasingly poorer” with the further production cuts announced by the Organization of the Petroleum Exporting Counties (OPEC+) that will lead to oil prices jumping by more than $4 a barrel, the Consumer Energy Alliance (CEA) announced. As a response
Vermilion has closed the acquisition of Equinor’s subsidiary in Ireland, increasing its operated interest in a natural gas field off Ireland.
Equinor has secured a drilling permit from the country’s authorities for two wells in the North Sea off Norway.
Offshore drilling contractor Seadrill has completed the acquisition of Aquadrill, formerly known as Seadrill Partners.
Petrobras has kicked off the contracting process for the chartering of two FPSOs, which will be deployed at deepwater assets off Brazil.
Türkiye is putting the wheels into motion to achieve the first gas from a giant natural gas project in the Black Sea in less than three weeks.
Saipem has been awarded three new offshore EPCI contracts and two FEED competition deals, totalling approximately $650 million.
McDermott’s Tareq Kawash has officially taken over the role of Group Chief Executive and Executive Director at Petrofac after Sami Iskander stepped down in order to pursue other interests. The oilfield services provider confirmed that the new group chief executive started the role as of 1 April and
Following slow and consistent growth for two weeks in a row, the number of offshore rigs in the U.S. remained flat last week.
Enauta has concluded the production ramp-up of the first well in its three-well drilling campaign at a field offshore Brazil.
UK and Ireland-focused oil and gas exploration, development, and production company Europa Oil & Gas (EOG) has appointed Alastair Stuart as Chief Operating Officer and an Executive Director of the company, effective immediately. Stuart has been a consultant at Europa Oil & Gas since 2012 and more re
BW Offshore has secured short-term contract extensions for two FPSOs, working on fields located off Nigeria and the Ivory Coast, respectively.
SBM Offshore has completed the project financing of an FPSO, which is destined to work at the Búzios field off Brazil, for a total of $1.63 billion.
