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03 Mar 21
US: Valaris receives court approval of Chapter 11 Plan of Reorganization
Valaris has received approval from the United States Bankruptcy Court for the Southern District of Texas of its prearranged Plan of Reorganization.
03 Mar 21
UK: Oil and gas industry welcomes Chancellors’ Budget measures to support green energy transition
The UK oil and gas industry has welcomed some of the measures announced by the Chancellor in Wednesday's Budget, adding that now close cooperation with the sector is essential to maximise its world-leading expertise and assure a successful green energy transition.
03 Mar 21
UK: BP appoints new UK head of country and senior vice president for Europe
bp has announced that Peter Mather, bp’s UK head of country and senior vice president for Europe, will leave the company at the end of the year. He will be replaced by Louise Kingham OBE, CEO of the Energy Institute for more than 20 years, who will join bp in May.
03 Mar 21
UK: Reabold Resources announces partial sale of convertible loan notes in Corallian Energy
Reabold Resources has initiated the sale of a portion of the convertible loan notes in Corallian Energy with a principal value of £500,000, to a group of strategic investors, in exchange for cash proceeds of £500,000.
02 Mar 21
Nigeria: Shell invests to support Nigeria’s domestic gas ambition for industrialization
The Shell Petroleum Development Company of Nigeria (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of using the country’s proven gas reserves to trigger economic activities for gas-based industrialization.
02 Mar 21
Norway: Odfjell Drilling signs contract with Lundin Energy Norway
Following the announcement 25 January 2021 in which Odfjell Drilling announced the award of letters of intent with Lundin Energy Norway for the use of the Deepsea Stavanger, Odfjell has now confirmed that a final contract for the drilling campaign has now been signed.
02 Mar 21
Norway: Vysus Group selected by Aibel to support upgrade and electrification of Oseberg field off Norway
Specialist consultancy Vysus Group (formerly Lloyd's Register Energy), the global engineering and technology company, has been selected to support a lower-carbon future at Equinor's Oseberg gas field on the Norwegian Continental Shelf.
02 Mar 21
UK: Hurricane Energy announces update on stakeholder engagement and Lancaster activity programme
Hurricane Energy, the UK based oil and gas company, has provided an update on the previously announced stakeholder engagement process and the timing of further activity on the Lancaster field.
02 Mar 21
Baker Hughes and Akastor announce JV company to deliver global offshore drilling solutions
Baker Hughes and Akastor have announced an agreement to create a joint venture company that will bring together Baker Hughes' Subsea Drilling Systems (SDS) business with Akastor's wholly owned subsidiary, MHWirth. The Company will deliver a global full-service offshore drilling equipment offering that will provide customers with a broad portfolio of products and services.
01 Mar 21
Qatargas-chartered LNG vessel makes first call at India’s Ennore terminal
Qatargas has delivered a liquefied natural gas (LNG) cargo aboard a Q-Flex vessel to India's Ennore LNG receiving terminal, the first ever call by a Qatargas-chartered vessel at this terminal.

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