Special reports

2023 marks the third consecutive year that the company has been named to the list.

Seatrium Limited, has been awarded a contract by Shell Offshore Inc. to construct and integrate the hull, topsides and living quarters of the Sparta semi-submersible floating production unit (FPU).

Mach Natural Resources has announced that it has closed the acquisition of certain interests in oil and gas properties, rights and related assets located in certain counties in Oklahoma from Paloma Partners.

Europa Oil & Gas has announced that it has acquired a 42.9% equity interest in Antler Global Limited via a US$3 million cash subscription for new ordinary shares in Antler.

Capricorn has entered into an agreement for the full settlement of the payment terms of its sale and purchase agreement with Waldorf Production UK PLC relating to the disposal of its previously held interests in the Catcher and Kraken fields.

The plan reflects a continued execution of the company’s strategy to provide the products society needs and to lower emissions.

Equinor sells its Nigerian business, including its share in the Agbami oil field, to Nigerian-owned Chappal Energies.

International subsea equipment rental and solutions company Ashtead Technology has expanded its mechanical solutions service offering with the acquisition of ACE Winches.

Hughes Subsea, an OEG Group company, secured a contract to deliver daughter-craft diving services for the Anasuria FPSO, positioned 175 km east of Aberdeen.

Adrian Lara, Principal Analyst at Wood Mackenzie, comments on the election of Javier Milei as President of Argentina, and the impact this may have on the country’s oil upstream industry.

Energy and marine consultancy ABL has opened an office at Batam in Indonesia to support the significant offshore and maritime operations that take place on an off the island.

Around 45 new full-time jobs, in various disciplines, will be created at the site.

XCMG Machinery's electric workover rig has recently completed the cleaning of 10 oil pipelines in an oilfield in Northern China, which has reduced 25.812 t of carbon emissions for the oil exploitation project.

Serica Energy has announced the execution of agreements for the acquisition of 30% non-operated interests in the P2498 and P2170 licences (together the Greater Buchan Area (GBA) from Jersey Oil & Gas (JOG).

Oil markets are eagerly awaiting the OPEC+ meeting on 26 November, in anticipation of what kingpin Saudi Arabia decides over its voluntary crude oil production cuts of 1 million bpd.