
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has launched an investigation into an oil spilt from Equinor’s Gullfaks C platform in the North Sea.

The Shell Robert Training and Conference Centre in Louisiana has established a partnership with Maersk Training.

Spirit Energy and Neptune Energy have agreed to partner on the development of the Pegasus West gas discovery in the UK Southern North Sea.

Australia’s FAR Limited has announced the departure of its current and the appointment of a new chief financial officer (CFO).

Axess Group, an asset integrity management company, has signed an offshore support services contract with Altera Infrastructure.

T7 Global’s subsidiary, Tanjung Offshore, has received an award from Petronas Carigali for the provision of plug & abandonment services.

Oil and gas company Vår Energi has awarded a three-year inspection services contract to a strategic partnership between Norway-based classification society DNV and Vinde Tilkomstteknikk.

Valaris has completed its financial restructuring, emerging from the Chapter 11 bankruptcy and eliminating $7.1 billion of debt.

Baker Hughes has been awarded a subsea equipment contract from Petrobras as part of the Marlim and Voador field revitalization plan.

Italy’s Eni and Australia’s Santos have agreed to cooperate on projects in northern Australia and Timor-Leste.

Petrobras has started the bidding process for the acquisition of a new FPSO for the Búzios field, in the Santos Basin pre-salt area.

U.S. oil major Chevron booked a smaller profit in the first quarter of 2021 compared to the same period last year because of ongoing downstream margin and volume effects resulting from the pandemic and the impacts of winter storm Uri.

U.S. supermajor ExxonMobil booked a quarterly profit due to benefits of higher commodity prices and structural cost reductions.

Italian oil and gas company Eni booked a net profit of over $1 billion in the first quarter of the year due to a strengthened upstream price environment.