
BP has achieved what it says is a major milestone on the Azeri Central East (ACE) project in Azerbaijan.

Jadestone has inked a deal inked with BP to acquire a stake in oil-producing fields, which are part of a Woodside-operated project.

Shell achieved record profits in the second quarter of the year on the back of higher oil and gas prices and refining margins.

BP has reserved an FPSO vessel from Yinson for the development of PAJ Project in Block 31, offshore Angola.

Italy’s Eni has sanctioned the Quiluma and Maboqueiro gas project, the first non-associated gas project in Angola.

ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the operated Stabroek block.

Norwegian energy giant Equinor has seen a significant increase in its quarterly profit driven by high production and energy prices.

UAE’s giant ADNOC has awarded two substantial contracts totalling $2 billion to ADNOC Drilling for the Hail and Ghasha development project.

Oil and gas company Neptune Energy has started drilling the Ofelia exploration well in the Norwegian sector of the North Sea.

Offshore accommodation rig provider Prosafe has secured a contract extension for one of its units with BP in Trinidad and Tobago.

EnQuest has awarded a long-term contract extension to Petrofac to continue supporting a platform in the UK North Sea.

ADNOC L&S, the shipping and maritime logistics arm of ADNOC, has entered into a deal to acquire Zakher Marine International.

Offshore drilling contractor Transocean has secured new contracts and extensions for its rigs with notable day rate increases.

Shell has taken the final investment decision to develop the Jackdaw gas field in the UK North Sea, following regulatory approval earlier this year.