Transocean has secured new contracts for five drillships and four semi-submersible rigs but also received a termination for one of the rigs.
An unsourced media report in The Australian claimed that Australia’s energy major Woodside was negotiating to buy some or all of BHP’s oil and gas assets.
U.S. oil and gas company Hess Corporation has outperformed its five-year targets to reduce greenhouse gas emissions and set new targets for 2025.
Rival offshore drilling contractors are reportedly looking to buy the assets of bankrupt Seadrill Limited, controlled by John Fredriksen.
Aquadrill Offshore, formerly known as Seadrill Partners, has lost in arbitration against BP related to claims for breach of a contract.
Floatel has secured another contract for one of its units, this time with Norway’s Equinor for operations in Brazilian waters.
Oilfield services provider Baker Hughes has reported a loss in the second quarter of the year although the company did book an increase in orders and revenues.
CNOOC Limited has started production from its Luda 29-1 oilfield, which is located in the Bohai Sea offshore China.
Norway’s oil production in July 2021 was 3.6 per cent below predictions made by the Norwegian Petroleum Directorate (NPD).
Harbour Energy has had to lower its output guidance for 2021 as the first gas from its Tolmount field in the North Sea has been postponed.
Australian oil and gas company BHP is considering what to do with its oil and gas assets with one of its options being a sale, as the firm is looking to focus on a low-carbon economy.
Brazilian oil and gas company Enauta has resumed operations in one of the two producing wells in the Atlanta field that were shut down due to pumping system failures.
As the energy transition is accelerating across the offshore energy industry, a question arises: what will happen to its workforce?
Oil major Shell has confirmed it will appeal a ruling issued by a Dutch court ordering the energy company to accelerate its carbon emission reduction target.
