Norway’s oil production fell behind predictions for the second month in a row while gas output is in line with the NPD’s forecast.
European governments’ efforts to balance the security of the energy supply and climate change materialised in the form of a plan, which is expected to reduce its dependence on Russian fossil fuels and fast forward the green transition.
The Biden administration is planning to propose a new, five-year offshore oil and gas leasing program by the end of June this year.
PGNiG has inked a deal with Wellesley Petroleum to expand its footprint offshore Norway by acquiring a stake in an Aker BP-operated field.
Offshore drilling contractor Shelf Drilling has secured a long-term deal for one of its jack-up rigs for operations offshore India.
In a bid to strengthen offshore exploration, Ecopetrol has joined forces with Occidental to search for hydrocarbons in four Colombian blocks.
Enauta has been granted an extension of the concession agreement for a field off Brazil, enabling it to ramp up output and increase reserves.
Norway’s Ministry of Petroleum and Energy has revealed a higher estimate for gas deliveries from the fields on the Norwegian shelf in 2022.
UK oil & gas operators are expected to pay over $9.6 billion in taxes in 2021, which represents a 20-fold increase worth $346 per household.
Odfjell Technology has secured a long-term wellbore cleanup equipment and services deal in Malaysia with Petronas Carigali.
Following a recent report that Turkey is about to welcome the fourth addition to its fleet of drillships, the vessel has now arrived in Turkey.
Transocean has recently held a naming ceremony in Singapore for its delayed newbuild Deepwater Atlas, the world’s first 8th generation drillship.
Trillion Energy has signed a definitive offshore drilling services contract with GSP to secure a jack-up rig for a campaign offshore Turkey.
Woodside has revealed that its shareholders have endorsed its plan for the merger of BHP’s petroleum business portfolio with Woodside.
