The UK regulator has awarded two carbon storage licences in the North Sea – to store up to 23 Mtpa of CO2 by 2038 – to BP and Equinor.
Norwegian state-controlled oil and gas giant Equinor is now facing more challenges related to the development of its controversial Bay du Nord offshore oil project located in Canada despite recent approval by the government.
SFL has inked a new deal with Odfjell Drilling, enabling the latter to replace Seadrill as the manager of another drilling rig.
Africa is conservatively forecast to reach peak gas production at 470 Bcm by the late 2030s, according to Rystad Energy research.
Shelf Drilling has secured more work for its rigs and it expects the global jack-up utilisation and pricing to beat pre-pandemic levels in 2022.
Noreco has appointed its CFO as its new CEO, enabling him to carry out the required duties for both roles in the future.
Western Gas has informed that a Valaris rig is set to be towed to the Sasanof-1 well location offshore Australia in the coming days.
Oil and gas company Aker BP has concluded the drilling of a wildcat well in the North Sea offshore Norway but it failed to find hydrocarbons.
Norwegian offshore safety regulator has launched an investigation into a lifting incident on one of the Odfjell Drilling-owned rigs.
Aquadrill, formerly known as Seadrill Partners, has entered into a memorandum of agreement with Brazil’s PetroRio to sell a semi-submersible rig.
Prosafe has been declared the winner of yet another bidding process launched by Petrobras for the provision of a semi-submersible unit.
Pre-FEED work has started for the development of the Ithaca and Hibiscus owned Marigold field via the Repsol Sinopec-operated Piper Bravo platform.
Harbour Energy has started production from its delayed project in the North Sea, which is expected to boost the UK’s domestic production.
Noble Corporation has revealed that its shareholders have endorsed its plan to merge with Maersk Drilling almost unanimously.
