The Norwegian Petroleum Directorate (NPD) has granted Neptune Energy a drilling permit for an appraisal well offshore Norway.
Norwegian offshore vessel owner Solstad Offshore has decided to sell three of its platform supply vessels (PSVs).
Shell recorded an 87 per cent decrease in its 4Q 2020 adjusted earnings due to lower oil and gas prices and production volumes.
The United States has initiated a process to seize alleged Iranian oil aboard a Liberian-flagged, Greek-owned tanker.
EnQuest has signed an agreement with Suncor Energy to buy its entire non-operated equity interest in the Golden Eagle area.
Maersk Drilling has received a conditional letter of award from Tullow for the provision of the Maersk Venturer for drilling offshore Ghana.
Vantage Drilling has informed that its drillship Platinum Explorer has received a letter of award for a two-year contract from ONGC.
A Valaris-owned drillship has reportedly broken free from moorings at a port in Scotland prompting the need for a rescue operation.
Sparrows Group has been awarded a five-year contract renewal with a UKCS operator to continue supporting its production across two assets.
Norwegian TMC Compressors has been contracted to supply the marine compressed air system to the Bacalhau FPSO that is being built for Equinor.
Japan’s Inpex Corporation has acquired an additional interest in Lucius and Hadrian North fields located in the U.S. Gulf of Mexico.
Oil major ConocoPhillips went from black to the red in the last quarter of 2020 compared to the prior-year period due to lower prices and volumes.
ExxonMobil booked a $20.1 billion loss in the last quarter of 2020 compared to a profit in the same period of 2019 due to massive impairments.
Energy services group Three60 Energy has been awarded a contract for the provision of duty holder O&M services to the FPSO Intrepid offshore the Phillippines.
