In the wake of Russia’s war in Ukraine, the offshore energy industry was thrown for a loop, which resulted in price volatility.
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Türkiye’s natural gas reserves in the Black Sea have been increased, following a new gas discovery and an upward revision of a previous one.
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Offshore accommodation provider Prosafe is partaking in four ongoing tenders to secure more assignments for its fleet of vessels.
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Borr Drilling has secured long-term deals for two jack-up rigs with undisclosed oil and gas companies in the Middle East and Southeast Asia.
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Norway’s oil and gas production fell behind the Norwegian Petroleum Directorate’s predictions in November 2022.
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