The OGA is encouraged by the record low level of flaring in the North Sea, as it has fallen to the lowest one ever tracked on the UKCS.
Moody’s has placed ratings of Wintershall Dea on review for downgrade, reflecting downside credit risks stemming from the potential for more severe sanctions against Russian businesses to affect the company’s operations.
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia a drilling permit for a wildcat well located offshore Norway.
The California Air Resources Board has reached a settlement agreement with Wan Hai Lines (USA), part of Taiwanese shipping company Wan Hai Lines, for $680,750 for violations of the Ocean-Going Vessels At-Berth Regulation.
The UK’s competition regulator is looking into the proposed merger between offshore drilling giants, Noble Corporation and Maersk Drilling.
Following a profit warning in late January, Saipem has revealed details about its revised strategic plan for the 2022-2025 period.
Seplat Energy has inked an agreement to acquire the entire share capital of ExxonMobil’s Mobil Producing Nigeria Unlimited.
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for a wildcat well located offshore Norway.
Oil prices soared on Thursday with Brent surging over the $100 barrel mark for the first time in eight years.
The Office of the Auditor General is taking legal action against parties involved in hydrocarbon exploration deals for acreage off Somalia.
ExxonMobil has started drilling an exploration well on the Cutthroat prospect, located in the Sergipe-Alagoas Basin off Brazil.
Offshore drilling contractor Odfjell Drilling will be taking over the management of a jack-up drilling rig from Seadrill.
CLECAT, the European association representing the interest of freight forwarders and logistics service providers, has written to the European Commission calling it to urgently establish the degree of concentration, consolidation, coordination and cartelization in the upstream container liner shippin
Norwegian offshore safety regulator has granted Repsol consent for life extension for a field located in the North Sea off Norway.
