Maersk Drilling has been awarded a contract with Karoon Energy Ltd for the semi-submersible rig Mærsk Developer to perform well intervention on four wells at the Baúna field offshore Brazil. The contract is expected to commence in the first half of 2022, with a firm duration of 110 days.

Norwegian oil company Equinor said Monday that its safety statistics for the first quarter of 2021 indicated fewer serious incidents and personal injuries in Equinor compared to the same period last year, but said the number of incident was still "too high."

Libya’s oil production has fallen below 1 million barrels a day for the first time in months as a budgetary dispute hinders the OPEC member’s ability to fix war-damaged infrastructure.

Tenaris is pushing ahead with plans to increase its operations across the US, bringing its facilities in the Northeast back online. With the ongoing expansion, Tenaris is working to boost its employee base in the States by about 1,000.

Royal Dutch Shell Plc is joining a project to build what could be one of the UK’s first large-scale carbon capture and hydrogen hubs as the oil major refocuses toward cleaner energy and slims down its traditional business.

BP Plc will spend about $1.3 billion to build a network of pipes and other infrastructure to collect and capture natural gas produced as a byproduct from oil wells in the Permian Basin of Texas and New Mexico, the Wall Street Journal reported.

Canada-based offshore robotics company Kraken Robotics has acquired Brazil's 13 Robotics Ltda of Brazil (“13R”).

Chinese oil company CNOOC has failed to unearth commercial quantities of hydrocarbons at the Glengorm South well in the UK North Sea.

Abu Dhabi Ports’ recently formed offshore logistics service provider, Offshore Support and Logistics Services Company (OFCO) has signed a collaboration deal with heavy lifting and transport services company Mammoet.

Dutch maritime heavy lift transport and installation contractor Jumbo and German-based breakbulk and project cargo shipping company SAL on Thursday announced the launch of their joint venture Jumbo-SAL-Alliance, dubbed "a new powerhouse in the heavy lift sector."