
Canadian oil and gas company CGX Energy has revealed details about the anticipated budget for an upcoming exploration drilling campaign offshore Guyana.

Innovative Energy has made an all-cash $12.5 per share offer to take UAE-based oil & gas drilling and production services provider ADES International into Saudi hands.

Enauta has initiated the bidding process for the FPSO for the Full Development System (FDS) of the Atlanta field located offshore Brazil.

The number of active offshore rigs in the U.S. is down by three units over the last week, according to a weekly rig count report by Baker Hughes.

A second Russian pipe-laying vessel is undergoing sea trials ahead of joining the Nord Stream 2 project, as construction continues despite growing political pressure.

Maersk Drilling has been awarded a one-well contract by Petrogas E&P Netherlands, which will employ the harsh-environment jack-up rig Maersk Resolute.

Singapore’s liftboat provider Ezion Holdings has agreed to sell another liftboat, this time for a price tag of about $18.5 million.

Neptune Energy and EDF will test an approach for measuring oil and gas methane emissions from offshore oil and gas facilities.

The Falkland Islands government has agreed to extend the terms of several offshore oil and gas licenses operated by Premier Oil and Rockhopper Exploration, including the one containing the Sea Lion field.

Saipem will have to pay compensation to two offshore workers in Norway due to the violation of working hours regulations.

Oil major Shell has made changes in its UK senior leadership as part of a global overhaul to cut costs and shift away from oil and gas to renewable power.

OPEC and allies on Thursday decided to extend oil production cuts into April 2021, while offering small exemptions to Russia and Kazakhstan.

PetroRio has signed an agreement with Total for the acquisition of a 28.6% interest in the BM-C-30 Block, which holds the Wahoo field located off Brazil.

Offshore support vessel provider Vroon has delivered the hybrid accommodation vessel MWV Falgout to end client Brunei Shell Petroleum.