
Dril-Quip has found its new CFO after engaging the services of an executive search firm, which assisted with the selection process.

South Korea’s shipbuilder Samsung Heavy Industries has agreed to sell a former Ocean Rig drillship to an unnamed European company.

UK’s Ardersier Port, which was one of the largest oil rig fabrication yards in the world, is now set to be transformed into Europe’s first fully circular energy transition facility.

Harvey Gulf is working to deliver a fleet of offshore vessels that will be operating in a net carbon neutral capacity.

ModuSpec has been chosen to verify whether the Well-Safe’s rig is fit for purpose to complete the upcoming decom campaigns in the North Sea.

UK petroleum regulator has revealed that the number of exploration and appraisal wells spudded has declined, but success rates have improved.

Chevron has revealed its 2022 organic capital and exploratory spending programme of $15 billion, at the low end of its $15-$17 billion range.

UK oil and gas giant BP has agreed to buy JX Nippon’s interests in the Andrew area located in the UK North Sea.

TotalEnergies has started drilling the Venus-1X exploration well located offshore Namibia, using a Maersk Drilling-owned drillship.

ExxonMobil has increased spending to $15 billion on greenhouse gas emission-reduction projects over the next six years.

Oil and gas company Lundin has decided to exercise its option for an additional well for an Odfjell Drilling-owned rig.

Africa-focused Chariot has revealed that the Stena Drilling-owned Stena Don rig has started its mobilisation to Morocco.

Maersk Drilling and Petrogas have agreed to exercise the previously agreed option to employ a jack-up rig to drill a well in the UK North Sea.

Orcadian has received no objection from the OGA for the development concept designed for the Pilot field in the North Sea.