Norwegian oil and gas company Vår Energi has taken out a loan of $6 billion from 12 different banks as part of its refinancing strategy.
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Chevron has reported the highest third-quarter earnings since the first quarter of 2013 due to improved market conditions, strong operational performance and a lower cost structure.
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Solstad Offshore has won a contract extension with Conoco Phillips for a platform supply vessel for operations offshore Norway.
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Houston-based Vaalco Energy has completed two well workovers at the Etame field offshore Gabon.
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Shell has posted lower than anticipated earnings, which reflect the adverse impact of Hurricane Ida, while its cash flow from operations hit a record of $17.5 billion.
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