Aker Solutions has won a substantial contract from Equinor for modifications on the Åsgard B gas and condensate platform to enable increased production.
Offshore project commitments are set to reach a new record in the five-year period towards 2025, a Rystad Energy report says.
Activist investor Crystal Amber, which holds more than 11 per cent of Hurricane Energy, stated it would take “appropriate action” to maximise Hurricane’s potential.
Shelf Drilling has revealed a mixed bag of results for its jack-up rig fleet with several of its rigs starting new contracts, some getting extensions, and some terminations.
U.S. Energy Secretary Jennifer Granholm will reactivate her department’s loan program office to boost the transition to clean energy.
Oil major ExxonMobil has failed to find commercial hydrocarbons at the Bulletwood-1 wildcat well in the Canje block located offshore Guyana.
Five board members of Brazilian state-owned company Petrobras have decided to step down as a reaction to moves made by Brazil President Jair Bolsonaro to replace current CEO Roberto Castello Branco.
UK-based oilfield services provider EnerMech has won a string of new deals in the United Kingdom during the first months of 2021.
Valaris has obtained court approval for its Chapter 11 plan of reorganization and agreed with a shipyard to delay the delivery of two drillships.
ExxonMobil has revealed that its capital spending for 2021 will be in the $16-$19 billion range as well as plans to focus on developing technologies to reduce emissions.
Japan’s Mitsui has invested in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage (CCS) project off the UK.
DOF Rederi, a wholly-owned subsidiary of DOF ASA, has completed the sale of a platform supply vessel (PSV) to a Norwegian company.
NHV Group has been awarded a new contract with Allseas to provide helicopter services in support of the Energinet Europipe II Branch Pipeline project.
Peter Mather, BP’s UK head of country and senior vice president for Europe, will leave BP at the end of the year and will be replaced by Louise Kingham.
