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Talos is hoping to retain its operatorship of the major discovery it made in 2017 offshore Mexico after a reserves audit confirmed the reservoir is shared between two offshore blocks.

Chevron has evacuated all of its American oil workers from Iraq following the recent US airstrike in Baghdad.

The nonprofit group Oceans Beyond Piracy says the cost of maritime piracy in West Africa was more than $800 million in 2017.

Twenty safety and health leaders from various industries were asked to give their predictions on the trends they see most affecting occupational health and safety in 2020 and beyond, and several themes emerged.

Global OPEX is falling, and the UK has emerged as a cost-cutting powerhouse among global offshore regions feeling the squeeze of uncertain oil prices. In pursuit of lower unit prices, Rystad Energy says that operators and contractors have begun nurturing operational improvements.

The company has launched new climate ambitions to reduce the absolute greenhouse gas emissions from its operated offshore fields and onshore plants in Norway by 40% by 2030, 70% by 2040, and to near zero by 2050.

The deal comes months after the jointly owned Petrogas NEO UK acquired several UK North Sea assets, including a $635-million purchase of Total's stakes in various fields last July. The 2-year deal with Petrofac is valued around $50 million.

Despite having some of industry’s most hazardous working environments, a sector that pioneered the adoption of digital technology has been slow to exploit artificial intelligence and machine learning in the area of health and safety.

A new joint study will test the economic viability of taking CO2 from a cement plant and giving it to an oil company to pump underground.

The deal is part of BP’s plan to divest $10 billion in the North Sea so that it can focus on developing core growth areas and construct more cost-effective subsea tiebacks in the region.

Equinor has released its plan for eliminating carbon dioxide emissions in Norway by 2050, but it comes with some tall technical challenges.

A significant discovery of oil off Suriname increases the odds that major oilfields off Guyana will extend across that international boundary.