After deciding to buy MOL’s stake in two North Sea licences, Lime has inked a farm-down deal with Vår Energi for a portion of this stake.
The post Two Norwegian players to slice up MOL’s stake in two North Sea discoveries appeared first on Offshore Ene…
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Canadian regulator has brought charges against the company operating the Hibernia platform due to an oil spill, which occurred in July 2019.
The post Hibernia oil spill case goes to court three years after it took place appeared first on Offshore Energy.
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Valaris has been awarded new deals and contract extensions for ops in Brazil, Australia, Brunei, North Sea, and the U.S. Gulf of Mexico.
The post Valaris sells jack-up and secures more work for multiple rigs ‘across several geographies’ ap…
Norway’s government has devised a plan to ramp up output at several fields to maintain high gas exports to Europe and meet the growing demand.
The post Norway greenlights boost in output from several fields to meet energy demand appeared first on Of…
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Recently proposed U.S. offshore oil and gas leasing program is facing opposition not only from environmentalists but also from the industry.
The post U.S. govt’s new offshore leasing proposal comes under fire from oil & gas industry and environmen…