Oil majors Shell and TotalEnergies have paid $1.1 billion and about $947 million, respectively, for an increased stake in the Petrobras-operated Atapu field located offshore Brazil.

Canada has issued new environmental measures to strengthen the country’s discharge requirements for cruise ships operating in waters under Canadian jurisdiction during the 2022 cruise season.

Offshore drilling contractor Seadrill has announced a new contract has been secured by Sonadrill, Seadrill’s 50:50 joint venture with an affiliate of Angola’s Sonangol.

U.S. offshore vessel operator Tidewater has completed the acquisition of Singapore’s Swire Pacific Offshore, adding 50 vessels to its fleet.

Perenco has submitted plans to decommission four gas platforms in the UK North Sea

Petrofac revealed that the Abu Dhabi National Oil Company (ADNOC) cancelled two contracts for the Dalma Gas Development Project.