Norwegian oil production in February 2021 was just above predictions made by the Norwegian Petroleum Directorate (NPD).
Oil and gas company Tullow Oil has voted on its general meeting to approve the disposal of all issued share capital in its subsidiary Tullow Equatorial Guinea Limited (TEGL) to Panoro Energy.
Houston-based Vaalco Energy has informed that Elizabeth Prochnow, its chief financial officer (CFO), has elected to retire effective 31 March 2021.
Equinor has approved the development concept for BM-C-33, a gas/condensate field located in the Campos Basin pre-salt in Brazil.
PSE Kinsale Energy is preparing for the decommissioning campaign of its Kinsale area gas field located in the Celtic Sea off Ireland.
Akastor’s subsidiary, DDW Offshore, has entered into bareboat charter agreements with OceanPact Servicos Maritimos for two AHTS vessels.
Based on today’s policy settings, global oil demand is set to rise every year through 2026 but stronger policies and behaviour changes could bring a peak in demand soon, an IEA report says.
Hess Corporation has entered into an agreement to sell its subsidiary Hess Denmark to Ineos E&P for a total consideration of $150 million.
Vantage Drilling managed to cut its losses in the last quarter of 2020 when compared to the same period in 2019 despite lower revenues.
A Milan court has acquitted Shell and Eni in a corruption case related to a $1.3 billion worth acquisition of an oilfield off Nigeria about a decade ago.
Norwegian offshore vessel owner DOF Group has been awarded new contracts for three of its vessels in support of operations in the UK and Guyana.
Norwegian oilfield services company Aker Solutions has signed a ‘sizeable’ letter of intent with Heerema Marine Contractors (HMC) for decommissioning work on Equinor’s Heimdal and Veslefrikk fields off Norway.
Houston-based Zentech has been awarded a contract by BW Energy related to a conversion of a jack-up rig to an offshore installation.
U.S. oil and gas company Murphy Oil has closed the sale of its entire 50 per cent interest in the King’s Quay floating production system (FPS) and associated export lateral pipelines to be located in the Gulf of Mexico.
