Northern Offshore’s Northern Producer floating production facility (FPF) has arrived at the Kishorn Port in Scotland following removal from EnQuest’s Don fields in the North Sea.
Oil major BP has started producing gas from the Raven field, the third stage of the large West Nile Delta (WND) development off the Mediterranean coast in Egypt.
Offshore drilling contractor Seadrill has secured a four-year firm contract with four one-year options, for the West Saturn drillship with Norwegian oil major Equinor in Brazil.
U.S. supermajor ExxonMobil has announced its vision for a massive $100 billion carbon capture and storage (CCS) project which it believes will be critical to meeting Paris Agreement emission-reducing goals.
UK-based and AIM-listed oil and gas company Baron Oil has completed its earn-in for an increased interest in the Chuditch discovery and prospects.
Oil and gas company Melbana Energy has entered into a sale and purchase agreement (SPA) with U.S. heavyweight EOG Resources to sell its WA-488-P permit which comprises the Beehive prospect.
Nigeria’s president has restored four oilfield licenses to Addax Petroleum, a company controlled by China’s Sinopec, overruling a previous revocation from the country’s petroleum regulator.
Italian oil major Eni has started gas production from the Merakes project located in the East Sepinggan block in the Makassar Strait, deep offshore East Kalimantan, Indonesia.
UK oil and gas company EnQuest has signed a share purchase agreement with Whalsay Energy to purchase their 100 per cent equity interest in the P.1078 licence containing the proven Bentley heavy-oil discovery.
Offshore services provider Archer Limited has signed an offer letter with Moreld laying out principle terms to purchase 100 per cent of the shares in DeepWell AS.
The United States Department of Energy has earmarked $75 million for cost-shared development projects including carbon capture systems and decarbonization of natural gas power and industrials sectors.
UK-based Independent Oil and Gas (IOG) has signed off the Blythe and Southwark platforms as mechanically complete earlier this month.
French major Total declared force Majeure on its Mozambique LNG project only months after resuming activities at the Afungi site.
The number of active offshore rigs in the U.S. is down by one unit over the last week, according to a weekly rig count report by Baker Hughes.
