The company has been engaged in offshore campaigns across the Central and Southern North Seas, as well as the East Irish Sea, with a focus on dismantling old installations and plugging and abandoning wells.

. The company secured a 100-day contract with a TotalEnergies affiliate for the drillship in March 2023, and the campaign officially began in the second quarter of the same year.

Despite a surge in spending on conventional oil and gas exploration, operators are facing disappointing results in terms of discovered volumes, according to research by Rystad Energy.

The oil and gas industry in the United States is calling on the Biden administration to finalize a new five-year offshore leasing program to strengthen U.S. energy security.

The contract, valued at $28.5 million, is for an "accommodation scope" at the Judy field.

In a dramatic demonstration, four protesters climbed atop Sunak's property in northern England and covered it with oil-coloured black fabric, while two others held a banner that read "RISHI SUNAK - OIL PROFITS OR OUR FUTURE?"

Transocean Ltd. experienced a rise in revenue to $729 million during the second quarter - However, it still reported another quarter of net losses.

The agreement encompasses conventional energy projects and transition projects in the carbon capture, low-carbon fuels, and hydrogen sectors.

The contract, secured through Shelf Drilling's North Sea subsidiary, covers two wells and is expected to last between four and five months.

The operator of the Hibernia platform off the coast of St. John’s, Newfoundland and Labrador, has pleaded guilty in connection with an oil spill that occurred in July 2019, as reported by the Canadian offshore petroleum regulator.