On January 18, 2022, Kosmos Energy completed the drilling of the Winterfell-2 appraisal well on Block 943 in the Green Canyon area of the U.S. Gulf of Mexico.

Following the coup of 1^st February 2021 in Myanmar, TotalEnergies has firmly condemned on several occasions the abuses and human rights violations taking place there.

OEG Offshore (OEG) announces an exclusive distribution agreement with a leading provider of well completion installation solutions, Blue Manta International Ltd. (Blue Manta), headquartered in Aberdeen, UK.

TechnipFMC has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract(1) for Equinor’s Smørbukk Nord development.

Three additional companies have announced their support for exploring the implementation of large-scale carbon capture and storage (CCS) technology in and around the Houston industrial area.

Oil and gas (O&G) companies can no longer afford to ignore digitalization, says GlobalData, which notes that any O&G company that doesn’t start to modernize now risks going under.

Transocean Ltd. announces that, later this year as part of its current drilling contract with Equinor, the Transocean Enabler will drill one carbon injection well and a sidetrack for another carbon injection well drilled early 2020 in support of the Northern Lights Carbon Capture Storage Project, a joint venture created by Equinor, Shell and TotalEnergies.

The U.S. Energy Information Administration (EIA) forecasts that U.S. oil production will average 12.4 million barrels per day during 2023, surpassing the record high for domestic crude oil production set in 2019.

Maersk Drilling has been awarded a contract with TotalEnergies E&P Danmark which will employ the high-efficiency jack-up rig Maersk Reacher for well intervention services in the Danish North Sea.

GATE Energy, a leader in professional engineering, commissioning and field services, has been awarded the Carbon Capture, Utilization and Storage (CCUS) Strategy development contract by a major E&P operator.

Equinor has been awarded 26 new production licenses by Norway’s Ministry of Petroleum and Energy in the 2020 Award in Predefined Areas (APA) - 12 licenses as operator and 14 licenses as partner.

McDermott International and the Commonwealth Scientific and Industrial Research Organization (CSIRO), Australia's premier national science organization, are evaluating technical and commercial opportunities for the deployment of CSIRO's carbon capture technologies for energy and heavy industry applications.

Pakistan continues to strengthen its natural gas transmission pipeline network to meet the growing natural gas demand in the country. It accounts for more than 80% of the total upcoming transmission pipelines length additions by 2025, according to GlobalData, a leading data and analytics company.

Maersk Supply Service has awarded Fugro a subsea survey and positioning contract to support installation of an anchoring system for the floating production storage and offloading (FPSO) vessel Sepetiba in Petrobras’ deepwater Mero 2 project, offshore Brazil.

ExxonMobil has announced its ambition to achieve net zero greenhouse gas emissions for operated assets by 2050, backed by a comprehensive approach to develop detailed emission-reduction roadmaps for major facilities and assets.

The National Ocean Industries Association (NOIA) has released the policy paper, Carbon Capture, Use, & Storage: An Economic, Employment, & Climate Opportunity for the U.S Offshore Region.