China’s oil and gas player CNOOC Limited has kicked off production from an oilfield development project in the Bohai Sea. This is the third project, which the Chinese giant has brought on stream offshore China this month.

Oil major Shell has taken a final investment decision (FID) to develop the Rosmari-Marjoram gas project located offshore Sarawak, Malaysia with expectations to reach the first gas in 2026.

With the recovery in the offshore drilling market underway, Transocean has secured new long-term contracts for two of its ultra-deepwater drillships, adding over $1.24 billion to its backlog.

Two UK-headquartered and AIM-listed oil and gas companies, i3 Energy and Europa Oil & Gas, have completed a farm-in agreement (FIA) for a sub-area of UKCS Licence P.2358, containing the Serenity discovery in the North Sea, ahead of an appraisal well planned for September.

UK-based Parkmead Group has launched a farm-out process to find a partner for the development of an oil project in the North Sea, which is expected to bolster the UK’s energy security after production begins.

After Norway’s state-owned giant Equinor decided to exercise its option to add more wells to the backlog of an Odfjell Drilling-owned rig, this rig now has eight more wells to drill for the Norwegian company.

Norway’s Ministry of Petroleum and Energy (MPE) has approved a plan for the development and operation (PDO) of the Aker BP-operated field in the North Sea, which will enable the firm to fast-track the development to achieve the first oil 18 months after the PDO submission.

Three unarmed drones, which seemed to be headed straight for a gas field off Israel and Energean’s new FPSO, have been taken down by the Israeli forces over the Mediterranean Sea.

After completing the sale of a rig, which has been stacked for years, Awilco Drilling, a UK-based offshore drilling contractor, is left with no other drilling assets in its fleet.

Dutch contractor Heerema Marine Contractors has completed another decommissioning activity related to an offshore platform, which was removed from the waters off the UK after 45 years, using the world’s largest crane vessel, Sleipnir.