The UK North Sea Transition Authority (NSTA) has received 115 bids in the 33rd oil and gas licensing round from a total of 76 companies.
From 2022 to 2030, Offshore Drilling Rigs Market is anticipated to expand at a CAGR of 6.63%. Within the projection period, the Offshore Drilling Rigs Industry Revenue is anticipated to increase to USD 147.7 Billion.
Nigeria has launched new terms and conditions for six offshore PSCs in a race to drive up production as the global energy transition moves forward
Yinson Holdings has signed an exclusivity agreement with super-major BP for the reservation of an FPSO for production of the Palas
The move will leverage Petrofac’s years of experience in operating onshore and offshore facilities and will deliver improved operations on KNK
Latin America’s largest economy Brazil is experiencing a massive offshore energy boom which has seen the country overtake Venezuela and Mexico