
MODEC has signed a contract to perform Front End Engineering and Design (FEED) for ExxonMobil’s FPSO for the Uaru project in Guyana.

Offshore drilling contractor Valaris has revealed that some more work has been awarded to its rigs but another contract has been suspended.

Petrobras has made an oil discovery in a well located off Brazil and steps have been undertaken to measure the extent of this discovery.

Keeping the global energy crisis at the forefront, the CEO of ADNOC believes that the world needs all the energy solutions it can get.

Centrica has increased the UK’s storage capacity by 50 per cent with the reopening of a gas storage facility in the Southern North Sea.

Malaysia’s Petronas has inked two deals with Petroleum Sarawak (Petros) to scale up the sustainable development of Sarawak’s energy industry.

UK’s regulator has opened an investigation to find out whether an oil & gas company has failed to comply with North Sea licence obligations.

Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.

Chevron and ExxonMobil have revealed high profits in 3Q of 2022, driven by elevated energy prices and higher oil and gas production.

Equinor has recorded “strong financial results” in 3Q of 2022 thanks to increased output, primarily gas, and elevated energy prices.

Saipem has posted the highest quarterly revenue since the fourth quarter of 2015, driven by sizeable awards for its offshore business.

Transocean has revealed that its first 8th-generation drillship has just started its inaugural contract in the Gulf of Mexico.

TotalEnergies has strengthened its balance sheet and doubled its profit in the third quarter of 2022 on a year-on-year basis.

Shell has recorded higher profits in 3Q 2022 on a year-on-year basis thanks to higher gas prices and increased volumes from deepwater assets.