Sweden is banning the extraction of coal, oil and natural gas and tightening rules on the extraction from alum shale. The ban is entering into force on 1 July this year.

As decarbonisation initiatives make inroads in the energy sector, the U.S.-based energy giant, Chevron, has joined forces with JSC National Company (NC) KazMunayGas (KMG), a firm representing Kazakhstan’s interests in the national oil and gas industry, to collaborate on evaluating, investigating, and pursuing lower carbon opportunities in the country.

Offshore drilling contractor Transocean has secured a contract extension in Norway for the harsh environment semi-submersible Transocean Spitsbergen with the firm part of the backlog worth about $181 million.

PGNiG Upstream Norway, a Norwegian subsidiary of Poland’s oil and gas company PGNiG, has been granted consent for exploration drilling in the Norwegian Sea by Norway’s offshore petroleum safety regulator. The activities will be carried out using a rig managed by Odfjell Drilling.

Hezbollah is ready to take action “including force” against Israeli gas operations in disputed waters once the Lebanese government adopts a clearer policy, the heavily armed movement’s deputy leader told Reuters on Monday.

U.S. oilfield services provider McDermott has been awarded a Front-End Engineering Design (FEED) contract by North Oil Company (NOC) for the Ruya development, previously referred to as Al-Shaheen Phase 3-Batch 1, located offshore Qatar.

Oil and gas industries commonly work in remote locations which require building facilities for their operations. While the traditional construction method is an option, it's not always practical. As a solution, these industries use modular buildings.

Following last year’s rejection, oil major Shell has now received regulatory approvals for the development of the Jackdaw field located in the UK North Sea.

UK-headquartered IOG plc is looking forward to a phased increase to double the output at its Saturn Banks Project – Phase 1, located in the UK sector of the North Sea, after restoring the production following modifications to the terminal operated by Perenco (UK) Limited (PUK).

Offshore drilling contractor Aquadrill, formerly known as Seadrill Partners, has secured two new contracts, which will see it reactivating two of its rigs for deployment in India and Thailand.