Edison Chouest Offshore has executed the first long-term contract with an oil and gas company to install a battery-on-board system on a PSV.
PetroRio has bought a semi-submersible drilling rig for a symbolic price of $1. The rig will be used for well interventions and completions.
Cenovus Energy and Husky Energy have obtained all of the key regulatory approvals required in connection with the combination of the two companies.
Oil & Gas UK has appointed three major business leaders to its board as the sector sharpens its focus on meeting net-zero targets.
Vaalco Energy is moving forward with its acquisition of Sasol’s working interest in the Etame Marin block located offshore Gabon.
Equinor has decided to invest NOK 3 billion ($342.8 million) in the Statfjord Øst field to improve recovery by 23 million barrels of oil equivalent.
ConocoPhillips has made a new oil discovery in production license 891 located 14 miles north-northeast of the Heidrun field in the Norwegian Sea.
Eni has signed a concession agreement for the acquisition of a 70% stake in a block off Abu Dhabi, leading a consortium including Thailand’s PTTEP.
Bahamas Petroleum Company (BPC) has started drilling its eagerly anticipated Perseverance #1 well offshore the Bahamas and using the Stena IceMAX drillship.
Oil major Shell said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.
Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels to the offshore energy industry, has won contract extensions for two K-Class (small) vessels.
Offshore drilling firm Shelf Drilling has agreed to sell a jack-up drilling rig to UAE-based ADNOC Drilling.
Norwegian engineering firm Aker Solutions has been awarded a letter of intent from oil major Shell for the Ormen Lange Phase 3 onshore project.
The Dubai arm of oilfield equipment supplier Weir Oil & Gas has signed a five-year deal to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand.
