Dutch oil & gas exploration and production operating company ONE-Dyas plans to power a platform at a North Sea gas extraction field solely by the electricity from the Riffgat offshore wind farm in the German part of the North Sea. ONE-Dyas, together with partners Hansa Hydrocarbons and EBN, aims to
French major Total reported a jump in profit for the first quarter of 2021, benefiting from the rising oil and gas prices.
Brazilian oil and gas company Enauta has come to an agreement with Dommo Energia regarding all of the ongoing legal proceedings pertaining to the Atlanta Field offshore Brazil.
SapuraOMV, formed through a deal between Malaysia’s Sapura Upstream and Austria’s OMV, has agreed to sell its entire interests in producing assets located offshore Peninsular Malaysia to Jadestone Energy.
Brazilian state-owned oil company Petrobras has decided to exercise its rights of first refusal and bid for the deepwater oil fields Sepia and Atapu.
Norwegian oil and gas company Equinor recorded a profit of $1.85 billion in the first quarter of the year due to price recovery, sustained cost improvements, and “strict capital discipline”.
Australian LNG player Santos has completed the sell-down of a 25 per cent interest in Bayu-Undan and Darwin LNG to SK E&S.
Brazil’s state-owned oil major Petrobras had an average production of 2.765 million barrels of oil equivalent a day in the first quarter of 2021, an increase from the fourth quarter but a decline when compared to the same quarter in 2020.
Energy supermajor Shell has nearly doubled its earnings in the first quarter of 2020 due to higher realised oil prices and chemicals margins.
Swedish provider of engineered polymer solutions Trelleborg has divested another part of its oil and gas portfolio – this time in Norway.
Norwegian oil and gas company Aker BP has booked a profit and saw higher income in the first quarter of the year due to higher realised prices and an increase in sold volume compared to the previous quarter.
Oil and gas investment company ADM Energy has completed the acquisition of a controlling interest in a risk-sharing agreement for the development of the Barracuda field.
Shareholders of Australia’s FAR Limited have approved the sale of the company’s Senegal RSSD project, which contains the Sangomar field, to Woodside.
Offshore drilling contractor Valaris booked a $910 million loss in the first quarter of the year but hopes to re-emerge from bankruptcy sooner rather than later.
