UAE’s giant Abu Dhabi National Oil Company (ADNOC) has awarded two substantial contracts totalling $2 billion (AED 7.49 billion) to ADNOC Drilling for the Hail and Ghasha development project.

UK-headquartered energy giant Shell and its London-based partner Deltic Energy have decided to drill a high-impact well on a gas prospect in the UK sector of the North Sea. As a result of this decision, Shell will become the new operator of the licence.

Oil major Shell has taken the final investment decision (FID) to develop the Jackdaw gas field in the UK North Sea, following regulatory approval earlier this year. However, the decision has already been met with strong opposition from environmental groups, seeking to stop its development.

Saudi oil and gas giant Saudi Aramco has awarded project management services contracts to Australia’s engineering company Worley for unconventional gas.

London-listed Kistos has entered the United Kingdom Continental Shelf (UKCS) thanks to the acquisition of TotalEnergies’ stakes in several gas fields located West of Shetland.

UK-headquartered energy giant Shell has hired a jack-up rig, owned by Maersk Drilling, to drill a gas prospect in the North Sea, which is anticipated to provide the UK with additional gas sources in the midst of the current geopolitical crisis, exacerbated by Russia’s attack on Ukraine, which has led to global energy security concerns.

Italian oil and gas company Eni has introduced the first hydrocarbons from the Coral South field located offshore Mozambique to the Coral-Sul FLNG vessel.

Following last year’s rejection, oil major Shell has now received regulatory approvals for the development of the Jackdaw field located in the UK North Sea.

Norway’s Equinor and Halten East area partners have decided to invest about NOK 9 billion (about $937.7 million) in the development of the area neighbouring the Åsgard field in the Norwegian Sea.