Seadrill Limited announced a new contract has been secured by Sonadrill Holding Ltd, the 50/50 joint venture with an affiliate of Sonangol E.P.

U.S.-based offshore drilling contractor Diamond Offshore's new CEO Bernie Wolford will have a base salary of $700,000 plus bonuses, the company said Thursday.

Spending in the upstream oil and gas sector is expected to gradually begin to rise from 2022, however, it will not reach the pre-crisis period any time soon as the toll of the Covid-19 pandemic on upstream investments in the first two years of the downturn is estimated at a whopping $285 billion, Rystad Energy said Wednesday.

Rising global oil prices are translating into shortages at the pump in cash-strapped Lebanon, with motorists lining up for hours to fill their tanks in the latest blow to living standards in the Middle Eastern nation.

British insurer Legal & General Group Plc became the largest-yet Exxon Mobil Corp. investor to support an activist campaign to overhaul the oil giant’s board and make its climate goals more ambitious.

Fires that crippled two Equinor plants in Norway last year were caused by both technical and human errors, the energy company said on Wednesday, promising to hire and train more staff

U.S. average gasoline prices exceeded $3 a gallon for the first time in more than six years amid growing shortages of fuel across the South and East while Colonial Pipeline remains out of action due to a cyberattack.

Public Power Corp. (PPC), Greece's biggest electricity utility, is seeking to form partnerships in offshore wind, a top executive said on Tuesday, as the country works to reduce its carbon emissions.

Oslo-listed offshore heavy transport and wind installation company OHT has received and accepted a firm offer for a USD 135 million Senior Secured Green ECA Credit Facility.

Oslo-listed offshore vessel operator DOF said Tuesday it had won several contracts in the UK and Norway, but did not share details on the clients and the value.