The contract encompasses the plug and abandonment (P&A) of 30 wells within the Fulmar Field and two wells in the Halley Field.

The rig's departure follows a brief interlude between contracts, during which maintenance work was carried out.

SeekOps, a US-based sensor company, is set to present its innovative SeekIR solution, which employs technology derived from the Mars Curiosity Rover, to monitor methane emissions in the North Sea.

Seplat Energy Plc has sadly confirmed the death of one individual and the ongoing search for three missing crew members following the collapse of its oil rig, Majestic, near Ovhor in Delta State.

The substantial topsides component was meticulously constructed by Azfen at the Bayil fabrication yard, utilizing local infrastructure and resources.

This initiative follows the Venus light oil discovery in Block 2913B (PEL 56) within the Orange Basin, offshore southern Namibia.

The contract, which runs through October 2025, signifies the enduring partnership between the two companies and underscores Wood's operational prowess in Australia.

The ambitious scope of work includes the CPP weighing 47,000 tonnes, an 8,600-tonne wellhead platform, and two bridges connecting the CPP to the wellhead platform and flare structure.

On August 14, 2023, the Norwegian Petroleum Directorate (NPD) announced the issuance of a drilling permit for Equinor's wildcat well 30/4-4 within production licence 043 FS.

According to figures provided by GlobalData, a data and analytics group, there was a significant quarter-on-quarter surge of 60% in disclosed contract values, amounting to nearly £41 billion, up from £25.5 billion in the previous quarter.