UAE’s state-owned energy giant ADNOC will be investing nearly $1 billion in the long-term development of the Umm Shaif field.
Norwegian offshore petroleum safety regulator has granted Aker BP consent for exploration drilling in the North Sea.
EnQuest has been ordered to pay over $17 million to settle an adjudication claim regarding offshore works with Barakah Offshore’s PBJV Group.
A former CEO of Valaris is joining SCF Partners, a private equity group based in Houston, Texas and offices in Calgary, Singapore, and Aberdeen.
Tidewater has appointed a new member to its board of directors, which is expected to assist in spearheading the company’s growth strategy.
Offshore rig owner Valaris has been awarded new bareboat charter agreements with ARO Drilling for several jack-up rigs.
Saudi oil and gas giant Saudi Aramco has awarded a contract for an offshore project to UAE’s NPCC worth around $2.2 billion.
Lime Petroleum has increased its North Sea footprint by completing the deals signed with Aker BP and Repsol earlier in 2021.
Enauta will be keeping its interest in a gas field off Brazil as the conditions for the sale of its interest in the field have not been met.
Yinson, through JV PTSC AP, has secured a contract extension for an FPSO, which will continue working offshore Vietnam.
QatarEnergy has awarded a major EPCI contract for the offshore scope of its North Field Expansion Project to McDermott.
Norwegian oil and gas player Equinor has started drilling an exploration well in the Norwegian Sea, using a semi-submersible rig.
Petrobras has submitted a declaration of commerciality to the country’s authorities for fields in the Sergipe-Alagoas Basin off Brazil.
Azerbaijan’s Ministry of Energy has revealed that the country’s oil production decreased by 16.5 thousand tons compared to the 2020 figures.
