Lundin Energy Norway has revealed a new managing director will take over the position next year, as the current one intends to step down.
Floatel expects the overall utilisation of the accommodation fleet to remain at modest levels in the near term.
FPSO operator SBM Offshore has signed contracts with Petrobras for the 22.5 years lease and operation of FPSO Alexandre de Gusmão.
The decision to build the Nord Stream 2 gas pipeline was the biggest mistake of Germany’s Chancellor Angela Merkel, Polish news outlet PAP reported the former president of the European Council Donald Tusk as saying at a recent conference.
The BP-operated Western Route Export Pipeline has loaded the 1000th tanker at the Supsa terminal on the Black Sea.
PTTEP and its partner Petronas have made a second gas discovery in Block SK417 off the coast of Sarawak, Malaysia.
Carnarvon Energy is waiting for a Valaris-owned rig to arrive at a drilling location in the Timor Sea and drill the Buffalo-10 offshore well.
Eni and the CNR have extended their collaboration to navigate the challenges imposed by the energy transition.
Offshore drilling contractor Seadrill has secured more work for its rigs in the U.S. Gulf of Mexico, adding about $0.5 billion to backlog.
CNOOC Limited has started production from the Buzzard Phase II development located offshore in the UK sector of the North Sea.
Equinor will no longer have a business presence in Ireland following the sale of its equity position in the Corrib gas project to Vermillion.
Seplat Energy has revealed it is actively engaged in negotiations to acquire ExxonMobil’s shallow water assets in Nigeria.
Italian oil and gas company Eni has agreed to sell a 49.9% stake in its subsidiaries operating two groups of gas pipelines between Algeria and Italy to energy infrastructure operator Snam for a consideration of €385 million.
UK-based oil and gas company NEO Energy is buying JX Nippon Exploration and Production (U.K.) Limited for about $1.7 billion.
