Sval Energi is buying Suncor Energy’s Norwegian business in a bid to expand its portfolio and workforce as part of its growth strategy.
Repsol has found good quality reservoir at its exploration well off Guyana but both targets are water-bearing.
Borr Drilling has been awarded a new deal for one of its jack-up drilling rigs with an undisclosed operator in West Africa.
Aker BP has received consent from Norway’s regulator to use one of Maersk Drilling’s rigs for well intervention work on a North sea field.
The latest updates on two deepwater oil projects in the U.S. Gulf of Mexico – operated by Shell and BP – both of which are, at this time, expected to come online by the end of the year.
UK’s NSTA says the decommissioning cost estimate on the UKCS has dropped 25 per cent to £44.5 billion (about $54.2 billion).
DNeX, via Ping Petroleum, has renamed its recently acquired FPSO, which will be one of the UK’s first wind-powered oil and gas facilities.
Westwood is seeing a rebound in high-impact exploration this year with expectations for it to pick up in the second half.
ExxonMobil has picked another vessel from Kotug for operations entailing the provision of terminal towage support for two FPSOs off Guyana.
Orcadian Energy and Carrick Resources have executed a formal agreement for the farm-out of a prospect in the UK North Sea.
NEO Energy has filed its environmental statement for the redevelopment of the Affleck field in the North Sea to the UK’s authorities.
Valaris has revealed that the new CFO has now started working for the company after being appointed to this role a couple of months ago.
TotalEnergies has experienced delays with its Tyra Redevelopment Project in the Danish North Sea amid global supply chain challenges.
UK’s Unite the union has raised safety concerns for crew aboard the Foinaven FPSO ahead of strike action set to begin this Friday.
