Representatives from Algeria, Egypt, Libya, Qatar, Russia, Trinidad and Tobago, United Arab Emirates, Venezuela, Angola, Azerbaijan, Norway and Oman attended the 5th GECF Summit, held in November 2019 in Malabo, Equatorial Guinea.

The company's Plan of Reorganization was approved and confirmed by the US Bankruptcy Court for the Southern District of Texas on 3 March. As of 30 April, it has $615 million of available cash, $40 million of restricted cash and $550 million of debt. Valaris had filed for Chapter 11 on 19 August 2020.

The contract for the Deepwater Asgard drillship is expected to run from June to October 2021 at a dayrate of $240,000, according to Transocean’s latest fleet status report.

Increasing stakeholder and investor pressure and the growing marketability of low-carbon products could be motivating factors for NOCs to adopt low-carbon strategies in the near future, says the global consultancy group.

Odfjell Drilling's Deepsea Yantai semisubmersible will drill four production wells in the North Sea field as part of the campaign, which is expected to last 110 days. Duva is a fast-track project being developed as a subsea installation tied back to the Neptune-operated Gjøa semi-submersible platform.

Mr Lawler's departure is effective 30 April. Mike Wichterich, Chair of the company's Board of Directors, will serve as Interim CEO while the company conducts a search for a new CEO, which it expects to complete over the coming months.

The Uaru-2 discovery is ExxonMobil's 16th discovery in the block, which is estimated to hold 9 billion BOE in reserves. Drilling at Uaru-2 encountered approximately 120 ft of high quality oil bearing reservoirs including newly identified intervals below the original Uaru-1 discovery.

The contract, which covers work at the Bacalhau field offshore Brazil, is valued at $380 million and includes four one-year options. Work is expected to begin in Q1 2022.

BP has announced gas production from Raven field, the third stage of its major West Nile Delta (WND) development off the Mediterranean coast in Egypt. The approximately $9 billion WND development includes five gas fields across the North Alexandria and West Mediterranean deepwater offshore concession blocks

Reliance Industries Ltd (RIL) and BP have announced the start of production from the Satellite Cluster gas field in block KG D6 off the east coast of India. The companies have been developing three deepwater gas developments in block KG D6-R Cluster, Satellite Cluster and MJ –