COSLPromoter to drill for Statfjord subsea fields   Equinor has awarded COSL Offshore Management AS a contract to drill four…

UPDATE 1-Gazprom says gas prices could destabilise Europe’s economy   Europe’s soaring gas prices could destabilise the region’s economy, the head…

First String Of Nord Stream 2 Filling With Gas   Russian giant Gazprom, the leader of the Nord Stream 2…

Saudis cut oil prices after OPEC+ restraint fuels rally   Saudi Arabia reduced oil prices for its main buyers, a…

Stonepeak Buys Teekay LNG For $6.2 Billion   New York-based independent investment firm Stonepeak has decided to acquire Teekay LNG…

Oil Steadies Near 7-Year High   Oil steadied in Asian trading after rallying to the highest level since 2014 following…

Gulf of Mexico Lease Sale Set for November   The Bureau of Ocean Energy Management (BOEM) has announced that it…

New approach to accelerate critical well P&A technologies to drive efficiencies   The Net Zero Technology Centre has launched an…

Petrobras To Earn Over $4B For Brazilian Offshore Field Duo   Brazilian oil and gas company Petrobras has received bids…

Unplanned Maintenance underway at Shell’s Gumusut-Kakap platform   Unplanned maintenance is underway at the Shell-operated deepwater oilfield Gumusut-Kakap, which is…