
Neptune Energy has awarded a series of contracts to support ongoing operations at its Cygnus Alpha and Bravo platforms in the UK North Sea.

Malaysia’s Velesto Energy has secured a one-year contract with oil major ExxonMobil for operations in Malaysia.

Valaris has secured new contracts for its rigs, however, over $400 million of backlog related to a drillship contract in the Gulf of Mexico now hangs in the balance.

ExxonMobil has started drilling an exploration well on the Cutthroat prospect, located in the Sergipe-Alagoas Basin off Brazil.

Offshore drilling contractor Odfjell Drilling will be taking over the management of a jack-up drilling rig from Seadrill.

TotalEnergies and APA Corporation have a significant new oil and associated gas discovery at in the Block 58, offshore Suriname.

IOG is experiencing a further delay in the start-up of its Saturn Banks Project – Phase 1 due to stormy weather conditions.

FAR and Petronas have completed a review of the prospectivity of blocks offshore The Gambia, opening additional exploration opportunities.

The number of offshore rigs in the U.S. took a steep downward plunge last week and went down by 4 units, based on Baker Hughes’ report.

The interest in hydrogen and CCS value chains has been picking up, evident through various projects and collaborations revealed this week.

Lamprell is anticipating a contract award for the full scope of work required for the construction of multiple jack-up lift barges.

A company from Malta has launched three tenders seeking services for a 159-kilometer long interconnector that will connect the island to Italy, ending its gas isolation with the connection to the trans-European Gas Network.

UAE’s ADNOC has awarded framework agreements to four oilfield services providers valued at $1.94 billion to enable drilling growth.

Lukoil has completed the acquisition of Petronas’ interest in the BP-operated Shah Deniz natural gas project in the Caspian Sea.