U.S. oil and gas company W&T Offshore was the apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 256 held last week.
Deltic Energy has found three prospects within its Southern North Sea licence and is seeking partners to help in the maturation of opportunities.
The U.S. gov’t has launched a new collaboration for improved safety and environmental stewardship in offshore energy exploration and production operations.
German oil and gas company Wintershall Dea has set a goal to achieve net-zero upstream activities by 2030 to tackle the world’s climate change challenge.
Archer has secured a five-year contract from Aker BP for the provision of platform drilling operations and maintenance services in the North Sea.
Maersk Drilling has received a Conditional Letter of Award from Total for the supply of two deepwater rigs for operations offshore Suriname.
Investments from global E&P in 2021 are projected to reach around $380 billion, almost flat year-on-year, a Rystad Energy report shows.
Offshore drilling contractor Noble Holding Corporation has received approval from a bankruptcy court for its reorganization plan.
Seadrill has agreed on the suspension of payments with creditors related to leasing arrangements for three drilling rigs while trying to restructure debt.
Turkey is extending its seismic survey operations in the disputed area of the eastern Mediterranean by nearly a week, which could spark further tension.
Norwegian oil production in October 2020 was below forecast by the NPD due to effects of strike action as well as maintenance operations on some fields.
Following reports that BP is preparing to sell its London HQ, the oil major has now entered into an agreement for the sale of the HQ for £250.1 million.
TAQA Bratani has received approval for its drafts decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea.
Equinor has received consent from Norway’s offshore safety agency for the life extension of the Tune and Tune Sør developments located in the North Sea.
