Keppel Corporation has revealed that its struggling Keppel Offshore & Marine unit will exit the offshore rig building business.
Vaalco Energy is hedging a portion of its production to protect cash flows, which will be used for its fresh drilling program this year and the next.
U.S. President Joe Biden has signed an executive order to halt new oil and gas leasing but which the Department of the Interior (DOI) claims will “help restore balance on public lands and waters”.
Oilfield services provider Petrofac has secured an enhanced, five-year contract in the UK sector of the North Sea with INEOS FPS.
Oil and gas company Neptune Energy and its joint venture partners BP and JAPEX, have started drilling on the Seagull project in the UK Central North Sea.
Houston-based oil and gas company Marathon Oil has been able to reduce its greenhouse gas (GHG) emissions intensity in 2020 when compared to the previous year.
U.S. oil and gas company Hess Corporation managed to reduce its loss in the last quarter of 2020 compared to the prior-year period despite lower production.
Norwegian oil and gas company Equinor is expecting a third capacity increase at its operated Johan Sverdrup field offshore Norway.
French shipbuilder Piriou has a fast personnel and supply vessel (FPSV) to Jana Marine, a Saudi Arabian provider of marine services to the offshore oil and gas industry.
Aker BP has received consent from the country’s offshore safety regulator to use the Maersk Integrator rig for production drilling on the Tambar field.
Japan’s biggest oil and gas producer Inpex has revealed its strategy to become a net-zero company by 2050 through the expansion of renewable and hydrogen energy as well as the use of carbon capture technology.
Enauta, formerly known as QGEP, has once again been forced to stop production from the only producing well on the Atlanta offshore field.
Croatian oil and gas company INA-INDUSTRIJA NAFTE, d.d. (INA) plans to diversify into renewable energy and is specifically considering offshore wind and solar energy developments in the country. At an energy conference held on 26 January, INA’s Director of Strategic Operations and Public Affairs, Hr
Oil and gas company Chrysaor has started preparations to drill an exploration well in the North Sea, using the COSLInnovator rig.
