
Offshore drilling contractor Diamond Offshore Drilling and its debtor-affiliates have emerged from their Chapter 11 process after completing a financial reorganization under their joint plan of reorganization.

Houston-based oil and gas company Talos Energy has nominated a new member of the company’s board of directors.

U.S. supermajor ExxonMobil has made another oil discovery offshore Guyana with the Uaru-2 well in the Stabroek Block.

Independent oil and gas exploration and production company PetroNor has received the necessary approvals for the acquisition of high potential acreage offshore Guinea Bissau through the buy of SPE Guinea Bissau AB.

Oil and gas company Lundin Energy has sold the world’s first-ever certified carbon neutrally produced oil to Saras S.p.A from its Edvard Grieg field offshore Norway.

Oil major BP and India’s Reliance Industries have started production from the Satellite Cluster gas field in block KG D6 off the east coast of India.

Israel’s Delek Drilling has signed a non-binding memorandum of understanding (MoU) with UAE’s Mubadala Petroleum for the sale of its 22 per cent non-operated stake in the Tamar gas field offshore Israel.

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.