Santos has taken a final investment decision to proceed with Barossa, the $3.6 billion gas and condensate project, located offshore Australia.
Neptune Energy has reduced its volume estimate for the Dugong discovery, located in the North Sea, following an appraisal well drilling.
Following the acquisition of the Bauna offshore field, Karoon Energy has created a Brazil Business Unit and is working to restructure its executive team.
Energy major Shell has proposed linking its directors’ pay more closely to the group’s climate performance and severing the link between bonuses and liquefied natural gas (LNG) production volumes.
Malaysian oilfield services contractor Deleum Primera has been suspended by compatriot oil company Petronas from participating in future tenders.
Several top executives of state-own Brazilian oil company Petrobras decided to leave the company following the end of their mandate on 20 March.
Deltic Energy and Shell have made a positive well investment decision to drill the high impact Pensacola Prospect in the UK Southern North Sea.
Norwegian energy services company AGR has been awarded a contract to deliver consultancy specialists to oil and gas company OMV in Norway.
The number of offshore rigs in the U.S. decreased by one unit last week, according to weekly rig count reports by Baker Hughes.
Maersk Drilling has been awarded a contract with Aker BP for the ultra-harsh environment jack-up rig Maersk Reacher, which will be reactivated for the job.
Norwegian oil major Equinor has been given a drilling permit to drill a new appraisal well in the Barents Sea, offshore Norway.
Malaysian contractor Velesto Drilling has received a letter of award from ConocoPhillips for the provision of jack-up rig services.
Energean is getting financial aid of nearly $118 million due to losses suffered during last year’s oil price collapse in the wake of the Covid-19 outbreak.
Talos Energy has informed that the unitization process of the Zama oil field off Mexico will enter its next phase, as established in Mexican regulation.
