UK oilfield services provider Wood Plc has revealed that its Chief Executive Officer (CEO), Robin Watson, is retiring from the role after seven years. The company is now beginning the process to appoint his successor.

Two U.S.-headquartered oilfield services giants – Halliburton and Baker Hughes – have revealed improvements in their first quarter 2022 financial performances on a year-on-year basis, anticipating further market improvements and favourable prices in the coming months.

The invasion of Ukraine has led to tighter gas supplies, higher prices, and an uncertain outlook, resulting in a downward revision to the International Energy Agency’s forecast for gas demand this year.

Australian energy giant Santos has failed to find commercial hydrocarbons in the second exploration well in its campaign offshore Australia, the Apus-1.

Oil majors Shell and TotalEnergies have secured six and two offshore exploration blocks, respectively, in the Santos basin offshore Brazil as part of the country’s latest bid round.

Malaysian oil and gas marine contractor MTC Engineering (MTCE), an affiliate of MTC Group, has secured its first FPSO development project in Indonesia through a consortium. This will be the firm’s third FPSO project so far and the first one in Indonesia.

Oil and gas company TotalEnergies and its Danish Underground Consortium partners Noreco and Nordsøfonden have announced the completion of this spring’s installation campaign of Tyra II in the Danish North Sea with seven out of eight platforms now in their final position.

Houston-based oil and gas company Murphy Oil has achieved the first oil from the Khaleesi, Mormont, and Samurai field development project in the deepwater Gulf of Mexico, as production has begun flowing through the Murphy-operated King’s Quay floating production system (King’s Quay FPS).

UK-based oilfield services provider EnerMech has won its second long-term deal to support the Inpex-operated Ichthys LNG development in Australia with a subsidiary of Japan’s oil and gas player Inpex. The latest contract is for the provision of technical support and maintenance services.

Malaysian state-owned oil and gas company Petronas has revealed that one of its employees has been arrested over suspected graft.