Woodside has cut the proved and probable gas reserves estimate for the Greater Pluto area off Western Australia following subsurface studies.
Woodside has agreed to form a consortium with BP and MIMI to study the feasibility of a CCS project near Karratha in Western Australia.
Prosafe has achieved the highest quarterly fleet utilisation rate since 2019, nearly quadrupling its revenues when compared to 3Q last year.
Wintershall Dea has begun the last part of the Nova drilling campaign from the Scarabeo 8 rig after originally starting about a year ago.
Providence Resources has completed the site survey at the K drilling location of the Barryroe field in the North Celtic Sea.
Oil and gas company Cairn Energy has revealed plans to change its company name effective from 13 December 2021.
Offshore drilling contractor Noble Corporation has completed the sale of four jack-up rigs to a subsidiary of ADES International Holding.
Maersk Drilling has revealed a new contract award for one of its jack-up rigs as well as details on its quarterly financial performance.
During the COP26 in Glasgow, Nigerian President Muhammadu Buhari has pledged Nigeria will cut carbon emissions and reach net-zero by 2060.
U.S. government is proposing measures to cut methane emissions resulting from oil and gas operations as part of Biden’s commitment to action on climate change.
McDermott has signed a MOU with Shell to collaborate on decarbonising construction and building a pathway to a net-zero carbon future.
Cairn Energy has completed the sale of its interests in the Catcher and Kraken fields located off the UK for $455 million.
Empyrean Energy has made significant operational progress towards spudding of an exploration well at the Jade prospect offshore China.
Offshore wind spending is nearing that of offshore oil and gas and is anticipated to surpass it in several key markets by 2030, Rystad Energy said, with Europe being the first to count more offshore wind than oil and gas investments, followed by Asia (excluding China) and the US. In Europe, the UK a
