ExxonMobil has hammered out its five-year corporate plan, ramping up its spending to $17 billion on GHG emission-reduction projects.
Gas price caps would decrease the incentive for exploration in Australia and risk security of long-term supply, says report.
Weatherford International has been assigned an upgrade in credit rating from B- to B with a stable outlook by S&P Global Ratings (S&P).
While pondering whether gas is the green choice to bolster decarbonisation, Wood Mackenzie has been reviewing Scope 1, 2 and 3 emissions.
Partners in the Corentyne block offshore Guyana have completed the previously announced agreement for the block.
Tullow Oil has appointed its interim Chief Financial Officer (CFO) to the CFO role, effective from 1 January 2023.
With construction done, the FPSO destined for Shell’s oil & gas project off the UK is now on its way to the North Sea.
Transocean has won new long-term contracts for two of its ultra-deepwater drillships, adding around $1.04 billion to its backlog.
Prosafe has been awarded a contract for the provision of the Safe Zephyrus vessel for safety and maintenance support off Brazil.
Shelf Drilling has secured long-term deals for two jack-up rigs with Italy’s energy giant Eni for operations in the Adriatic Sea off Italy.
UK’s Unite the union has confirmed that hundreds of offshore workers have decided to down their tools and take industrial action.
Perenco has made an oil discovery in an exploration well located in the shallow water Pointe Noire Grand Fond (PNGF) Sud license off Congo.
Woodside Energy has awarded industrial technology company Tracerco with a multi-million contract for the delivery of profiler technology to the Scarborough gas field located off the West Coast of Australia. Under the contract, Tracerco will deliver several hundred Profiler TGAs that will support the
Petronas Carigali, a subsidiary of Malaysia’s Petronas, has made a new oil and gas discovery in Block SK 306, offshore Malaysia.
