Following a dispute over cuts related to the terms and conditions of workers, which encompass work allowances, pensions, sick pay and training days along with other allowances, Unite, the largest trade union in Britain and Ireland, has revealed plans for industrial action.

The UK’s petroleum regulator, the Oil and Gas Authority (OGA), has decided to investigate the delay in Esso’s proposed sale of 13 producing fields, including Elgin Franklin, to NEO.

UK oil and gas company EnQuest has bought a 26.69 per cent non-operated equity interest in the Golden Eagle area in the UK North Sea.

Norwegian operator DNO Norge has encountered a minor oil discovery on the Gomez prospect during the drilling of a wildcat well offshore Norway, which has now been concluded.

The Norwegian Petroleum Directorate (NPD) has granted a drilling permit to DNO Norge for a well in the North Sea off Norway.

UK gas company IOG plc has achieved successful flow test results at its Elgood development well in the UK North Sea.

UK's Unite union's Scotland unit on Tuesday said talks to prevent industrial action at Sullom Voe Terminal have ended with no movement on the part of Shetland Islands Council (SIC) to resolve the dispute over a long service award.

BP’s energy transition plan will receive a boost from rising oil prices, and the company is already winning back investors after a difficult year, Chief Executive Officer Bernard Looney said.

Shallow water drilling rig contractor Borr Drilling said Wednesday it had entered into agreements potentially adding a total of $48 million over approximately 590 days to its rig contract backlog.

Norwegian oil firm Equinor has drilled two dry wells near the Fram field in the North Sea, offshore Norway.