HitecVision-backed NEO Energy is acquiring a major portfolio of non-operated oil and gas assets in the Central and Northern North Sea from ExxonMobil.
Petronas has made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract, offshore Indonesia.
The board of Brazilian state-run oil company Petrobras called an extraordinary shareholders’ meeting in a move which will all but ensure the replacement of the company’s CEO.
Italian oilfield services company Saipem has developed a new tool for the estimation of the carbon footprint of its offshore projects.
The chief executive of U.S. oil company Occidental Petroleum has stated that the company’s low-carbon business would generate earnings equal to its oil and gas production business in the coming decades.
Lamprell has been awarded an engineering, procurement, construction, and installation contract by Saudi Aramco as part of the long-term agreement programme.
Oil and gas company Masirah Oil has spudded the Zakhera 1 well, located offshore Oman, using the Shelf Drilling-owned Tenacious jack-up rig.
Australian energy service firm Worley is helping offshore installation specialist Allseas to decommission two of Spirit Energy’s east Irish Sea platforms.
PTTEP and Petronas have made a gas discovery from Dokong-1 wildcat well in Block SK417, located in the shallow waters of Baram Province offshore Malaysia.
Singapore’s offshore builder Sembcorp Marine expects losses to continue after reporting a higher net loss in FY2020 compared to FY2019.
South Korean shipbuilder Samsung Heavy Industries has agreed to pay a settlement in a leniency deal with authorities of Brazil to settle a corruption investigation.
EnerMech has created a new role of Mozambique country manager as it seeks to expand business with a new office in the country as local activity ramps up.
Norwegian shipping company Rem Offshore has won a contract award for one of its platform supply vessels (PSVs) from Vår Energi.
Activist firm Engine No. 1, which has nominated four independent director candidates to the ExxonMobil board of directors, has sent a letter to Exxon claiming that it was falling short of what was expected regarding reaching climate goals set by the company.
