Oil and gas company PetroNor has revealed that it has restarted the formal arbitration process related to a dispute for two offshore blocks.
BP expects to reach its $35 billion net debt target in 1Q 2021, one year ahead of schedule, as a result of earlier delivery of disposal proceeds.
State-owned Qatar Petroleum has entered into an agreement with oil major Shell to become a partner in two exploration blocks offshore the Republic of Namibia.
Tullow Oil has started a multi-year, multi-well drilling campaign off Ghana following the beginning of drilling of the first well at the Jubilee field.
Masirah Oil has completed drilling three exploration prospects that were located near to the Yumna offshore field, located in the Arabian Sea.
Energy training services & technology solutions provider 3t Energy Group has installed a next-generation simulator at CNOOC’s Well Control Centre (CWCC) to increase training capabilities in China.
Aberdeen-based recruitment services provider Drillmar has joined forces with JAB Recruitment to provide staffing solutions across the Americas.
Offshore drilling rig contractor Seadrill has asked creditors to write off more than 85 per cent of its debts in exchange for a 99 per cent stake in the reorganized company.
Malaysia, through its national oil company Petronas, has formalised a unitisation agreement (UA) with the Government of Brunei Darussalam for the Gumusut-Kakap and Geronggong/Jagus East fields.
Well integrity specialist HydraWell has been awarded a multi-year contract with PSE Kinsale Energy to support a major decommissioning project in Ireland.
Malaysian oil and gas giant Petronas has declared force majeure on its Yetagun field, located offshore Myanmar, due to a significant decline in output.
Well-Safe Solutions has completed the intake of its new asset, the Well-Safe Protector, and is now preparing for rig acceptance audits in the coming weeks.
Crew changes on the Equinor-operated Mariner platform located off the UK have been suspended after a helicopter got stuck on the platform.
The flare for the Energean Power floating production, storage, and offloading (FPSO) vessel has been lifted into place at Sembcorp Marine’s Admiralty Yard in Singapore.
