Shell Hires Valaris Rig for North Sea Drilling Job

Serica Energy Plans Four-Well Drilling Campaign in North Sea

UK North Sea-focused oil company Serica Energy has set out plans to drill four wells in the Triton area, along will well work on the Bruce and Keith fields as part of its investment program for 2024.

CNOOC’s Oil Field in Bohai Sea Starts Production

China's state-run offshore oil and gas explorer and producer CNOOC has started production from its Suizhong 36-1/Luda 5-2 discovery, located in Liaodong Bay of Bohai Sea.

Venezuela to Get Almost Half of Dragon Gas Project's Income

Developers Submit Scoping Report for 1GW Scotwind Floating Wind Farm

Thistle Wind Partners (TWP), a consortium involving DEME, Qair and Aspiravi, has submitted the onshore scoping report for its Ayre Offshore Wind Farm to The Highland Council.

Shell Joins Wave-Powered Subsea Project

PTTEP Furthers CCS Efforts in Thailand

Chevron Profit Sinks as Earnings from Oil Production Tumble

Chevron on Friday beat analysts' earnings estimates and increased dividends on higher oil and gas production, after a year of sharply lower profits on missteps and charges.

Vard to Convert IT Infinity PSV to Cable Laying Vessel

Norwegian ship designed and builder Vard has secured a contract from I.T. International Telecom Marine (IT) to convert its platform supply vessel (PSV) IT Infinity into a cable laying vessel (CLV).

MOL and JX to Develop Japan-Australia Cross Border CCS Value Chain

Japanese shipping firm Mitsui O.S.K. Lines (MOL) and JX Nippon Oil & Gas Exploration Corporation (JX) have signed a memorandum of understanding (MoU) to develop a carbon capture and storage (CCS) value chain between Japan and Australia, including CO2 marine transport.

New York City Approves Empire Wind O&M Hub Design

The New York City Public Design Commission (PDC) has approved Equinor’s design for the offshore wind operations and maintenance building to be constructed at the South Brooklyn Marine Terminal (SBMT).

Canada Regulator Licenses Equinor's Offshore Oil Discovery

A Canadian offshore oil regulator said on Friday it has licensed an oil discovery by Equinor ASA off the country's coast, an area of around 14,900 hectares.

Exxon's $36 Billion Profit Beats Estimates

Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas production.

Orsted's Strategic Shake-up Has Investors Worried

Orsted is expected to trim investment plans and cut dividends on Wednesday as it presents a new strategy but investors are worried that the Danish renewable energy firm may want to raise new capital to stick to its ambitious targets.

Esgian Week 5 Report: A Week of Rig Moves

Esgian has released its Week 5 Rig Analytics Market Roundup saying it was the week of rig moves, as several units completed their respective campaigns and moved on to ports either to wait for new assignments or to prepare for upcoming jobs.