Following a profit warning in late January, Saipem has revealed details about its revised strategic plan for the 2022-2025 period.
The post Saipem to focus on core oil & gas and low-risk offshore wind projects following financial woes appeared fir…
Oil prices soared on Thursday with Brent surging over the $100 barrel mark for the first time in eight years.
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Wheels are in motion for the Equinor-operated Rosebank project located West of Shetland, one of the largest undeveloped fields on the UKCS.
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Rystad Energy expects the gas output from Sub-Saharan Africa to double by 2030, driven by the development of offshore deepwater resources.
The post Driven by deepwater projects, Sub-Saharan Africa set to see a boom in gas output – Rystad appeare…
Valaris has secured new contracts for its rigs, however, over $400 million of backlog related to a drillship contract in the Gulf of Mexico now hangs in the balance.
The post Over $400 million of Valaris backlog hangs in the balance after TotalEnergies…