Danish offshore drilling contractor Maersk Drilling has entered into a definitive agreement to combine with Noble Corporation in a primarily all-stock transaction.
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Echoing the sentiment of its rivals Transocean and Valaris, Noble has said it is seeing consistent signs of recovery in the offshore rig market.
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During the COP26 in Glasgow, Nigerian President Muhammadu Buhari has pledged Nigeria will cut carbon emissions and reach net-zero by 2060.
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U.S. government is proposing measures to cut methane emissions resulting from oil and gas operations as part of Biden’s commitment to action on climate change.
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New research led by the University of Plymouth has shown that tidal stream power has the potential to deliver 11% of the UK’s current annual electricity and play a significant role in the government’s drive for net-zero.
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