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Investments from global exploration and production companies (E&P) in 2021 are projected to reach around $380 billion, almost flat year-on-year, a Rystad Energy report shows...

Maersk Drilling has received a Conditional Letter of Award (CLOA) from Total E&P Suriname, Suriname Branch for the supply of two deepwater rigs, the Mærsk Developer and the Maersk Valiant...

Neptune Energy announced Mohamed Mounes Shahat will join the company in December to take on the role of Egypt Managing Director, based in Cairo...

Odfjell Drilling announced that final contracts for the Johan Sverdrup Phase 2 and Breidablikk drilling campaigns have now been signed on such conditions as disclosed in aforementioned stock exchange notices...

Noble Holding Corporation announced that the US Bankruptcy Court for the Southern District of Texas has issued an order approving the company's joint plan of reorganization...

Equinor announced that the Johan Sverdrup field is again increasing its daily production capacity, expecting to reach around 500,000 bbl/day by the end of the year – around 60,000 bbl more than the original basis when the field came on stream...

The Bureau of Ocean Energy Management (BOEM) proposed to offer approximately 78.2 million acres for a region-wide Gulf of Mexico lease sale scheduled for March 2021...

Wellgrab has secured funding from the Research Council of Norway to support the launch of its new fishing tool, the Wellgrab Electric Release Fishing Tool (WERFT)...

Developed in collaboration with TechnipFMC, DNV GL has published the oil and gas industry’s first recommended practice (RP) on how to build and quality-assure digital twins...

Expro Group Australia, a subsidiary of Expro International Group Holdings, secured a major contract for its subsea riserless well intervention (RWI) solution, supporting Chevron Australia...