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Oil prices have increased amid supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC), which tightened markets.

Norwegian energy company Equinor's plans to drill in the Great Australian Bight have come under criticism as thousands took to Australia's coast to protest the drilling on Sunday.

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Shearwater GeoServices has been awarded three 4D seismic surveys from Equinor, which are set to be carried out in the North and Barents seas this year.

Saudi Aramco has awarded a contract worth between $500m and $750m to McDermott International to provide engineering, procurement, construction and installation (EPCI) services in the Marjan field, offshore Saudi Arabia.

UK-based chemicals multinational INEOS announced an investment of $1.3bn (£1bn) into the UK energy industry, including £500m into offshore operations in the North Sea.

Strikes led by British and Irish trade union Unite began on Monday, with workers taking 24 hours of industrial action on three Total-owned offshore platforms over rota disputes.

Malaysian oil and gas company Petronas has announced its full-year results for 2018, reporting a profit after tax (PAT) of $13.5bn (RM55.3bn).

BP and the Environmental Defence Fund (EDF) have announced a three-year strategic commitment to reduce methane emissions from global oil and gas operations on Wednesday, 13 March.

Australian exploration and production company Woodside has taken a 10% shareholding in Western Australian tech start-up Sapien Cyber, which specialises in cybersecurity and protection of critical infrastructure.

Norwegian engineering company Aker Solutions has acquired a stake in Airborne Oil & Gas, a company specialising in the supply of thermoplastic composite pipe (TCP) solutions for the international subsea sector.

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