At its Capital Market Day in Berlin, Siemens Energy will be presenting analysts and investors with its strategic cornerstones for the coming years.

Equinor and Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in the Greater Ekofisk Area and a minority share in Martin Linge (19%).

Seadrill Limited (“Seadrill” or “the Company”) (OSE ticker: SDRL) announces that it has commenced trading April 28, 2022, of Seadrill’s common shares on Euronext Expand.

W&T Offshore, Inc. has acquired the remaining working interests in the oil and gas producing properties purchased earlier this year from an undisclosed private seller. The assets are located in Federal shallow waters in the central region of the Gulf of Mexico at Ship Shoal 230, South Marsh Island 27/Vermilion 191, and South Marsh Island 73 fields. The transaction had an effective date and closing date of April 1, 2022. Cash consideration of approximately $17.5 million was paid to the seller using cash on hand. Key highlights of the transaction are as follows:

Alturki Ventures, the venture capital arm of Saudi Arabian based Alturki Holding, has provided a significant growth capital investment in Acoustic Data, a U.K.-based global leader in wireless downhole technology.

Eurazeo announces that major steps have been taken by its Eurazeo Sustainable Maritime Infrastructure (ESMI) fund in its commitment to support the transition of the global maritime industry to a carbon-neutral economy by 2050, in line with the European Green Deal’s ambition.

Transocean Ltd. (NYSE: RIG) has issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs.

Westwood Global Energy Group (Westwood), a specialist energy market research and consultancy firm, has announced the appointment of Aberdeen-based Teresa Wilkie to its RigLogix team as Research Director.

Neptune Energy will spend more than $1 billion¹ over the next five years securing energy supplies for the UK and speeding the transition to net zero.

Akselos, la eader in physics-based digital twins, announces a $16.5 million funding round, with participation from AT Capital Group, Future Energy Ventures, Japan Energy Fund and Shell Ventures.

Innovative energy startup, Legasea, participated in hosting the second transatlantic trade dialogue, being held this week in Aberdeen, which aims to boost the UK’s £200 billion trade partnership with the US.

Bosch Rexroth successfully concluded the 2021 financial year despite the persistently difficult framework conditions.

Public exploration and production (E&P) companies are on track to shatter previous record profits this year as high oil and gas prices and surging demand drive financial success.

Sustained high commodity prices and increasing oil and gas supply are set to push upstream sector payments to governments to an all-time high of $2.5 trillion this year, smashing the previous record of $2.1 trillion set in 2011, Rystad Energy research shows.

Equinor has published its first Energy transition plan, which will be submitted for an advisory vote by shareholders at the company’s 2022 Annual General Meeting 11 May. The plan provides an overview of how the company is progressing towards its 2050 net zero ambition through short-term actions and medium-term ambitions.

The Biden-Harris Administration today submitted to Congress the President’s Budget for fiscal year 2023.