Following a significant investment, Saipem has expanded its Saudi Arabian training facility in Dammam to install state-of-the-art simulator technology to boost skills and competency across its teams...

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...

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...

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...

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...

The Offshore Technology Conference (OTC) Board of Directors has chosen to postpone the 2021 event to 16–19 August due to the ongoing challenges presented by COVID-19, as well as health and safety concerns of OTC partners, attendees, exhibitors, staff, and community...

Brunei Shell Petroleum has exercised the option to add exploration drilling of one deepwater well to the work scope of Maersk Drilling's 7th generation drillship, the Maersk Viking...