The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips a drilling permit for a well located in the Norwegian Sea.
The chief financial officer (CFO) of Danish offshore driller Maersk Drilling has announced he would leave the company.
NEO Energy has completed the acquisition of a portfolio of operated and non-operated assets in the UK North Sea from two Total subsidiaries.
Italian energy major Eni has appointed a new chief financial officer (CFO) of the company.
Independent Oil and Gas (IOG) has awarded the engineering, procurement, construction, and installation (EPCI) contract for its Core Project Phase 1 platforms to Dutch contractor HSM Offshore.
Irish oil and gas exploration company Providence Resources has revealed the list of companies which are part of a consortium set to develop the Barryroe field offshore Ireland.
Regardless of the recent loan forbearance agreement extension expiring, Prosafe is still in discussions with lenders to find a long-term financial solution which would stabilize operations.
U.S. oil major Chevron hit the red hard as it reported a massive loss of $8.3 billion, or almost $4.5 per diluted share, for the second quarter of 2020.
Oil major ExxonMobil reported a back-to-back quarterly loss for the first time in over three and a half decades.
Reliance Bangladesh LNG & Power have secured funds for a gas-fired power generation project in Bangladesh.
The U.S. offshore rig count has remained flat for another week, making this the fourth week straight with 12 active units, according to a Friday report by Baker Hughes.
Equinor has agreed to sell a 40.8125 per cent interest in and transfer operatorship of the Bressay oil field development on the UK continental shelf to EnQuest.
ConocoPhillips recorded a $1 billion loss in the second quarter of this year due to lower oil prices and production curtailments amid COVID-19 impact.
Floatel International will book impairments of nearly $400 million for the second quarter of the year due to impairments of its vessels made amid challenging market situation.
