BP’s giant Argos floating production unit, built for the Mad Dog 2 project by Samsung Heavy, last week sailed away from a South Korean yard to Texas.
Brazilian oil and gas company PetroRio has completed the acquisition of the 30 per cent interest in Frade field from compatriot state-owned company Petrobras.
Bahamas Petroleum Company has encountered hydrocarbons at its Perseverance #1 well off The Bahamas, but the volumes of oil encountered are not commercial.
Offshore drilling contractor Seadrill Limited has been forced to file Chapter 11 cases for several of its wholly-owned subsidiaries in Asia.
Maersk Drilling has secured a contract from Korea National Oil Corporation (KNOC) for the drillship Maersk Viking to drill offshore South Korea.
The number of offshore rigs in the U.S. remained steady for the third straight week but down seven units year over year, according to a Friday report by Baker Hughes.
Ithaca Energy has restarted production at its FPF-1 unit located off the UK following a recent shutdown due to an outbreak of Covid-19 on the unit.
Oil & Gas UK has announced the appointment of a new co-chair to its board, as the sector focuses on the industry’s recovery whilst meeting net-zero targets.
Australian offshore petroleum regulator NOPSEMA has taken action against Woodside related to decommissioning of the Enfield field and Nganhurra FPSO.
Equinor and partners have struck gas and oil in production licence 923, the first discovery this year made near the Troll field in the North Sea.
Maersk Drilling has secured an additional two-well contract for the low-emission rig Maersk Integrator with Aker BP in Norway.
Danos has been awarded a multi-year contract for production operations with Fieldwood Energy, a major oil and gas producer in the Gulf of Mexico.
Aker BP has pledged to remain a pure-play oil and gas company and contribute to the energy transition through minimizing emissions and by sharing data.
Malaysia’s oilfield services provider Icon Offshore has won a contract award for the provision of a jack-up rig to Petrofac in Malaysia.
