The UK’s representative body for the offshore energy industry, Offshore Energies UK (OEUK), has revealed that oil and gas operators are expected to pay £7.8 billion (over $9.7 billion) in taxes to the country’s government in 2022, which constitutes a 20-fold increase worth £279 (around $346) per household.

As part of its strategy to focus on gas production in Norway, German oil and gas company Wintershall Dea has reached an agreement with Norway’s OKEA to sell its stakes in three North Sea fields for €108 million (about $114 million).

The widespread disruption on several North Sea platforms that started on Wednesday after crew members staged unplanned walkouts seems to continue on several platforms occupied by Bilfinger UK personnel.

Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75 per cent of the expected amount of gas produced by Russia in 2022, according to research by Rystad Energy.

Australia’s Western Gas has informed that a Valaris-owned semi-submersible rig is set to be towed to the Sasanof-1 well location offshore Australia in the coming days with drilling operations expected to begin in less than two weeks.

Oil and gas company Aker BP has concluded the drilling of a wildcat well in the North Sea offshore Norway but it failed to find hydrocarbons.

An alliance between Repsol Sinopec, TechnipFMC, and Petrofac has started the pre-front end engineering and design studies (Pre-FEED) for the development of the Ithaca Energy and Hibiscus owned Marigold field in the North Sea via the Repsol Sinopec-operated Piper Bravo platform.

Aquadrill, formerly known as Seadrill Partners, has entered into a memorandum of agreement with Brazil’s PetroRio to sell the semi-submersible drilling unit Capricorn for $40 million.

UAE-based offshore engineering and construction services provider Lamprell is in the frame for upgrade work on three jack-up drilling rigs ahead of their move to the Gulf region.

British Gas owner Centrica on Tuesday said it expects to achieve full year adjusted earnings per share (EPS) at the top of the range of analyst forecasts after a strong operational performance in the first four months.