
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States came to a stop and remained unchanged last week.

Singapore’s Jadestone Energy has revealed that severe weather conditions have delayed the restart of production from an FPSO operating at a field in the Timor Sea off Australia.

BOEM has published a final notice to hold the next offshore oil and gas lease sale for acreage in the Gulf of Mexico in March 2023.

Saipem is pooling resources with Eni to add renewable fuels to its arsenal, which would be used for its drilling and construction vessels.

Singapore’s offshore services provider Kim Heng has entered into Memoranda of Agreement (MoA) for the acquisition of nine vessels for a total consideration of approximately $9.28 million. Ruhm Mazu Sdn Bhd, a 49 per cent owned indirect subsidiary of Kim Heng, entered into agreements to purchase four

Aker Solutions is about to recycle the 7,900 tonnes of steel foundation from an old drilling platform, which was used at an oil field in the North Sea.

SBM Offshore is working on several FPSO projects and two of these vessels are expected to achieve the first oil this year.

Diamond Offshore’s Ocean GreatWhite rig is in the process of wrapping up its preparations for its upcoming assignment in the North Sea.

After more than doubling its annual profit in 2022, Eni has unveiled a strategic plan forward, putting the diversification of energy sources’ geographic mix at its core.

Norwegian offshore safety regulator has finished investigating gas leaks on one of the Equinor-operated platforms located in the North Sea.

Carnarvon Energy has entered into a binding agreement to divest a 10 per cent interest in its Bedout assets, including the Dorado field.

Chevron has inked a memorandum of understanding (MoU) on methane management with Egypt’s Ministry of Petroleum and Mineral Resources.

Equinor has decided to keep one of Island Offshore’s offshore supply vessels (OSVs) busy for seven more months.

Transocean is anticipating further growth in rig demand over the coming years, which will bring higher day rates and fleet utilisation.