Norway’s oil production in November 2021 fell behind the NPD’s predictions due to technical issues, while the gas output also decreased.
Aker BP plans to acquire Lundin’s oil and gas business, through a statutory merger, in a push to create a leading E&P company of the future.
Petrofac has secured a two-year contract extension for the provision of engineering services to Neptune’s platforms in the North Sea.
Enauta has signed a Letter of Intent with Yinson for the provision, operation and maintenance of an FPSO for the Atlanta field off Brazil.
French energy major TotalEnergies has signed a series of agreements with the Sultanate of Oman for the development of low-carbon natural gas projects, including Marsa LNG establishment.
Oil majors Chevron and Shell have worked out a farm-out agreement for Block 5, located offshore Suriname.
Norwegian Ministry of Petroleum and Industry has approved a plan for the development and operation of Equinor’s Troll field in the North Sea.
GMS has won two new contracts for two of its large-size class vessels and expressed hopes for higher rates and improved fleet utilisation.
The Oil and Gas Authority is supporting the launch of a new climate compatibility checkpoint for the oil and gas industry.
Petronas and Posco have joined forces to collaborate on evaluating and exploring CCS potential in Malaysia.
TotalEnergies and Petronas have increased their pre-salt portfolio, following successful bids on Petrobras -operated fields, offshore Brazil.
Amplify Energy has been accused of negligent conduct during the oil spill off the California coast, which renewed efforts to ban offshore drilling.
SBM Offshore has secured a $620 million loan for the construction of the FPSO, which will be deployed at the Mero field offshore Brazil.
Maersk Drilling and Aker BP have agreed to renew a frame agreement for two jack-up rigs. The estimated value of this deal is around $1 bln.
