
Lime Petroleum has received approval from the authorities for the acquisition of Repsol’s interest in the Brage field, located off Norway.

Moody’s has assigned an investment grade credit rating with a stable outlook to Santos following the firm’s merger with Oil Search.

Wood Mackenzie believes that the oil and gas sector will continue to rebound in 2022, but the positive outlook will be tempered.

Oil major Shell has started drilling an exploration well in the Orange Basin offshore Namibia using a Valaris-owned drillship.

Following a two-month drilling hiatus over an issue with Noble’s rig, IOG plc is preparing to spud a development well in the North Sea.

Petrobras has stopped gas production from a field offshore Brazil due to an issue related to the export pipeline’s subsea valve.

Aberdeen-based First Marine Solutions has been awarded a contract in the North Sea by a well-decommissioning specialist, Well-Safe Solutions.

Solstad Offshore has secured a long-term contract for one of its PSVs, which will enable the vessel to support operations in the North Sea.

ADC Energy has secured three global contract extensions for the delivery of its rig inspection, selection and audit services.

Australian energy giant Woodside will be getting a new chief financial officer starting early next year after its previous one resigned.

Seadrill has secured a contract with Brazil’s oil and gas giant Petrobras for work in the Búzios field offshore Brazil.

Aker BP has awarded FEED contracts valued as part of its efforts to extend the life of the Valhall field located off Norway.

QatarEnergy has entered into agreements with Shell to acquire interests in two exploration blocks in the Egyptian side of the Red Sea.

Carnarvon has experienced further delays in its planned drilling operations in the Timor Sea where the Buffalo-10 well is set to be drilled.