Lamprell has signed a $45 million revolving trade loan facility with two banks to cover the costs for the building of two IMI jack-up rigs.
Shell has set a new target to reduce its Scope 1 and 2 emissions by 50 per cent compared to 2016 levels by 2030, regardless of the outcome of its appeal against the Dutch Court’s ruling.
Petrobras has announced the start of a bidding phase for the sale of the Uruguá and Tambaú fields located in the Santos Basin offshore Brazil.
Maersk Drilling has sold one of its jack-up rigs – Mærsk Inspirer (now named Inspirer) – to Havila Sirius for a price of $373 million.
The second day of Offshore Energy Exhibition & Conference closed with a lively discussion about crucial issues in the offshore energy sector.
OGA has confirmed a total of 29 received bids in an update on the £1 million ($1.4 million) decarbonisation competition for the electrification of offshore oil and gas installations on the UKCS.
Compressor Controls Corporation (CCC) has won a contract with Aker Solutions to work on the Jansz-Io Compression (J-IC) project offshore Western Australia.
Baker Hughes is set to change its listing from the New York Stock Exchange (NYSE) to Nasdaq Global Select Market (Nasdaq).
ExxonMobil has confirmed the Liza Unity floating production, storage and offloading (FPSO) vessel arrived at the Stabroek Block offshore Guyana.
Inpex has sold all shares in its subsidiary Teikoku Oil (D.R. Congo) to Perenco and divested all its interests in the Congo offshore block.
Neptune has concluded the drilling of a wildcat well near the Snorre field in the Norwegian North Sea, but the well turned out to be dry.
Vallourec has signed a ten-year frame agreement with Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of ExxonMobil, to supply line pipe products in Guyana.
PetroRio has started production from another well on the Tubarão Martelo field offshore Brazil to revitalise and extend the life of the cluster.
Valaris has been awarded a two-year contract for a drillship with Esso Exploration Angola, an affiliate of ExxonMobil, offshore Angola.
