Lamprell has signed a $45 million revolving trade loan facility with two banks to cover the costs for the building of two IMI jack-up rigs.
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Shell has set a new target to reduce its Scope 1 and 2 emissions by 50 per cent compared to 2016 levels by 2030, regardless of the outcome of its appeal against the Dutch Court’s ruling.
The post Shell vows to halve scope 1 and 2 emissions by 2030 appe…
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Petrobras has announced the start of a bidding phase for the sale of the Uruguá and Tambaú fields located in the Santos Basin offshore Brazil.
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Maersk Drilling has sold one of its jack-up rigs – Mærsk Inspirer (now named Inspirer) – to Havila Sirius for a price of $373 million.
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OGA has confirmed a total of 29 received bids in an update on the £1 million ($1.4 million) decarbonisation competition for the electrification of offshore oil and gas installations on the UKCS.
The post OGA provides update on competition designed to p…
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