IOG plc expects to continue working on a UK North Sea project soon following repairs to a damaged Noble Corporation-owned rig.
The Norwegian Petroleum Directorate has granted Lundin Energy Norway a drilling permit for a wildcat well in the Norwegian Sea.
Standard Drilling has agreed to sell one of its large-sized PSVs for $10.3 million to increase its capital to pursue diversified investments within the energy sector.
CNOOC Limited has started production from the Lufeng oil fields regional development project located offshore China.
UK-based PJ Valves has won two FPSO valve contracts worth $11 million for projects in Brazil.
Spain’s Repsol has been forced to halt production from its Yme field less than a month after the oil production started.
Italian Saipem has been awarded a new SURF EPCI contract by Petrobras for the Búzios 7 project in Brazil, worth approximately $940 million.
BHP and Woodside have signed a binding share sale agreement for the merger of BHP’s oil and gas portfolio with Woodside and made the FID for Scarborough.
Borr Drilling’s jack-up drilling rig has spudded Kistos’ Q11-B well in the Dutch North Sea.
Jersey has appointed new members to its board, which are expected to possess the expertise required to complete the farm-out process for the GBA development project in the North Sea.
Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai rig to include additional wells in the North Sea next year.
As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future.
French energy major TotalEnergies is preparing to drill a wildcat well in waters offshore Namibia, using a Maersk Drilling-owned drillship.
Norway’s oil production in October 2021 exceeded the NPD’s predictions by 2.8 per cent, while the gas output also experienced a boost compared to September.
