President-elect Donald Trump has chosen oil and gas industry CEO Chris Wright as his next energy secretary, with Trump seemingly intent on fulfilling his election promise to increase exploration and production.
International energy transition specialists Well-Safe Solutions have been awarded two new contracts totalling US$25 million for approximately 170 days of firm work, using the Well-Safe Protector jack-up and Well-Safe Defender semi-submersible.
Ovintiv Inc. has announced it has entered into a definitive purchase agreement to acquire certain Montney assets from Paramount Resources Ltd. in an all-cash transaction valued at approximately US$2.377 billion.
Equinor has awarded a two-year firm contract to Northern Ocean Wind AS to employ the mobile rig Deepsea Bollsta on the Norwegian continental shelf.