Maersk Drilling has been awarded a contract from Spirit Energy for the jack-up rig Maersk Resolve to drill one development well in the UK North Sea.
Woodside has received approval from the country’s regulator for the Greater Western Flank 3 and Lambert Deep development drilling and subsea installation.
A merger between Premier Oil and Chrysaor has been approved by Premier’s shareholders and the deal is expected to close by the end of 1Q 2021.
Oil major ExxonMobil is preparing to drill an exploration well in waters offshore Brazil, using Seadrill’s West Saturn drillship.
Anglo-Dutch oil giant Shell has revealed plans to cut 330 jobs from its operations in the North Sea, most of them based in Aberdeen.
Rystad Energy has conducted a comprehensive company-level analysis of the world’s upstream industry, identifying the top carbon-intensity performers.
Neptune Energy has awarded integrity management and fabric maintenance contracts for its operated gas production platform, Cygnus, to Oceaneering and Stork.
The Government of Canada has allowed for three offshore exploration drilling projects operated by BHP, Equinor, and Chevron to proceed.
Turkey and Greece will continue exploratory talks over territorial claims in the Mediterranean Sea that almost brought the two to blows during 2020.
SHUAA Capital, an asset management and investment banking platform, has completed a debt buyout of Stanford Marine Group’s $308 million facility.
Africa-focused oil and gas exploration group Bowleven has named a new non-executive chairman with immediate effect.
Houston-based oil and gas company Marathon Oil has appointed a new member of its board of directors.
Brazilian oil and gas services provider Ocyan has been awarded a contract for an ultra-deepwater drillship by Petrobras in Brazil.
Westwood has reported that 72 high-impact wells were drilled in 2020, which is below 2019 level when 99 wells were drilled. In 2021, Westwood’s projections indicate that activity could at least reach 2020 levels with the potential to reach up to 100 wells.
