Offshore drilling contractor Seadrill on Friday announced that Petrobras has awarded 1,064-day fixed-term contracts to each of the West Auriga and the West Polaris in Brazil.The contracts are expected to commence in the fourth quarter of 2024 and represent total contract value of approximately $1…
Brazilian oil and gas company Enauta has bought FPSO Cidade de Santos platform from MODEC, following the acquisition of the Uruguá and Tambaú fields in Santos Basin.The transaction for the FPSO, capable of processing 350 million cubic feet per day of gas…
TotalEnergies has exercised the first option under the contract for DeepSea Mira semi-submersible drilling rig, extending its contract for 180 additional days for work in West Africa.The owner of the offshore drilling rig Northern Ocean said…
Valeura Energy has completed an infill drilling campaign at its Nong Yao oil field offshore Gulf of Thailand, where it holds a 90% operated working interest.The company has drilled four wells at the Nong Yao A wellhead processing platform, including…
Offshore drilling contractor Noble Corporation has secured a contract with Petrobras for the semi-submersible rig Noble Discoverer to provide drilling services offshore Colombia.The contract has a firm duration of 400 days, with expected start in Q2 2024…
2023 has been another noteworthy year for the rig market’s ongoing recovery, with a 3% increase in global marketed utilization versus 2022, a demand increase of 29 rigs, a 7% uptick in average contract duration, 16 further reactivations and newbuild deliveries…
Mubadala Energy has made a significant gas discovery from the Layaran-1 Exploration well, drilled in South Andaman, offshore North Sumatra in Indonesia.Mubadala Energy is the operator of the South Andaman Gross Split PSC and this is the first deep water well operated by the company…
Philippine President Ferdinand Marcos Jr said his country is working to resolve 'exploration issues' in the South China Sea so it could start new energy exploration projects in the resource-rich waterway to meet his nation's energy needs.Marcos…
China will on Friday conduct sea trials for its first ocean research drilling vessel, capable of drilling at depths of more than 10,000 meters (32,800 feet), a key step towards beefing up the country's deep-sea oil and gas exploration capabilities…
Australian oil and gas major Santos said on Monday it had received approval for a revised drilling plan at its $4.3 billion Barossa gas project, although the fate of a pipeline to take gas to shore remains locked in a legal dispute.Santos was…
UK oil and gas company Tower Resources has hired Borr Drilling’s Norve jack-up rig for the drilling campaign offshore Cameroon in central Africa. The Norve jack-up rig, part of Borr's fleet of high-specification drilling units, will be put to…
Oil major Shell and its partner Deltic Energy have approved the work program and budget for drilling the Pensacola appraisal well in late 2024.The Pensacola discovery, located in the UK North Sea, is estimated to contain gross P50 initially…
This week Esgian’s Week 50 Rig Analytics Market Roundup notes developments in the semisub sector including that Shell has decided to exercise its option on Stena Don in the North Sea but not on Deepsea Bollsta in Namibia. Meanwhile, a new contract…
Offshore drilling contractor Odfjell Drilling announced it has signed an amendment with Aker BP ASA which extends the firm contract for the Deepsea Nordkapp until the end of 2026.The Deepsea Nordkapp—a sixth generation dynamically positioned…
Australian regulator NOPSEMA has begun assessment of Woodside Energy’s environment plans for Julimar Development Phase 3 Drilling and Subsea Installation.The Julimar field is located in Western Australian waters about 170km north-west of Dampier…
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