Wild Well Control and Oil Spill Response Limited have signed a strategic alliance agreement, which provides an increased capability to the oil and gas industry...

According to the recently published Oil and Gas Authority’s (OGA) Energy Integration Project report, the integration of offshore energy systems could contribute to deliver approximately 30% of the UK’s total carbon reduction requirements needed to meet the 2050 net zero target...

Oil markets have returned to relatively stable ground with Brent prices within a narrow $40-$45/bbl range and could conclusively pass the $50/bbl mark in the second half of 2021...

A new strategy has been introduced by BP that seeks to reshape its business as it pivots from being an international oil company focused on producing resources to an international energy company focused on delivering solutions for its customers...

An operator in West Texas recently deployed Cerebro Force to improve directional control while drilling the curve portion of its wells. This reduced the time to drill the curve section by 38%...

New research by IHS Markit shows that the combined greenhouse gas intensity of Canadian oil sands projects fell 20% from 2009 levels. The new analysis shows trends remaining in line with previous IHS Markit projections...

Neptune Energy and its partners announced the commercial discovery of oil at the Dugong well (PL882) in the Norwegian sector of the North Sea. The volumes are estimated to be in the range of 6.3 – 19 million standard cu m of recoverable oil equivalent...

Forum Energy Technologies revealed it has developed and demonstrated the ability to remotely operate workclass and observation-class (Perry and Sub-Atlantic) ROV systems between an offshore vessel and a remote location...

Noble Corporation announced that it has entered into a restructuring support agreement with two ad hoc groups of the largest holders of the company's outstanding bond debt...

Equinor has agreed to sell a 40.8125% interest in and transfer operatorship of the Bressay oil field development on the UK continental shelf to EnQuest. The initial consideration is GBP 2.2 million, payable as a carry against 50% of Equinor’s net share of costs, with a contingent consideration of $15 million following authority approval of a field development plan for Bressay...