Norwegian oil and gas company Equinor is extending its contracts with three oilfield services giants – Baker Hughes Norge, Halliburton, and Schlumberger Norge – for integrated drilling and well services on its operated fields on the Norwegian continental shelf (NCS).

Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted by higher oil and gas prices and a strong performance of its trading division.

Santos-operated Pavo-1 well located offshore Australia has proved the existence of a substantial volume of light oil in excellent quality reservoirs and has been described as “another stellar exploration success” by Santos’ partner, Carnarvon Energy.

Oil and gas major BP is moving ahead with plans for the development of the Murlach oil field located in the UK North Sea, which could see the production of its first oil in 2025.

Malaysia’s state-owned oil and gas company Petronas and Thailand’s national player PTTEP have both decided to withdraw from the Yetagun field located offshore Myanmar.

Oil major Chevron booked a significant increase in its quarterly earnings and revenues driven by higher oil and gas prices.

UK’s regulator, the North Sea Transition Authority (NSTA), has fined Shell £50,000 and served it with a sanction notice for breaching production consents for five fields in the North Sea.

The consortium Green Fuel Alliance joins in with the Egyptian government on the development of green hydrogen and green ammonia mega-project at the Suez Canal.

Canada has issued new environmental measures to strengthen the country’s discharge requirements for cruise ships operating in waters under Canadian jurisdiction during the 2022 cruise season.

Two UK-headquartered and AIM-listed oil and gas companies – i3 Energy and Europa Oil & Gas – have inked a farm-in agreement (FIA) for a sub-area of UKCS Licence P.2358, containing the Serenity discovery in the UK North Sea.