Maersk Drilling signed on semi-submersible rig Mærsk Deliverer with Eni for exploration well offshore Timor-Leste.Maersk Drilling and Eni JDPA 11-106 B.V. (Eni) as operator of the JPDA 11-106 Joint Venture have signed a one-well contract for…
U.S. headquartered oil and gas company Kosmos Energy said on Wednesday it will abandon an offshore well in Suriname because it failed to find oil, the second well it plugged in the region in recent months for the same reason.Kosmos said the…
Sirius Petroleum has signed an agreement with Shelf Drilling for the jack-up rig is already located in proximity to the Ororo field, and, it is due to become available in November.The Nigeria-focused oil and gas development and production company said in a press release that it has decided…
Russia's RDIF sovereign wealth fund and U.S. oilfield services provider Schlumberger plan to complete a deal soon to buy a stake in Russia's Eurasia Drilling Company, RDIF boss Kirill Dmitriev was cited as saying by TASS news agency.Dmitriev…
Norway plans to step up spending on looking for oil and gas in the northern Barents Sea close to its border with Russia, the country's 2019 budget showed on Monday.The government has proposed to allocate an extra 50 million Norwegian crowns ($6…
BMT has won a contract to provide multiple marine monitoring systems for BP’s new Mad Dog Phase 2 semi-submersible floating production facility in the Gulf of Mexico. These systems will play an important role in ensuring the day to day operations of the facility are conducted safely…
Baker Hughes, the world's second-largest oil services company, will take a 5 percent stake in Abu Dhabi National Oil Company's (ADNOC) drilling unit for $550 million under a tie-up announced on Monday.Baker Hughes (BHGE) becomes the first foreign…
Offshore driller Ensco Plc said on Monday it plans to buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, as it looks to expand its fleet and benefit from a partnership with Saudi Aramco.This is Ensco's second deal…
Calgary-based oil and gas driller Precision Drilling Corporation said it would Trinidad Drilling Ltd in a deal valued at $1.03 billion, trumping a hostile bid from Ensign Energy Services.A press release from the Canada's largest contract drilling…
Jack-up rig specialist Shelf Drilling announced that one of its subsidiaries has secured a two-year contract for the Key Singapore with Eni for operations in the Adriatic Sea offshore Italy.The contract includes a one-year option period, and the planned commencement window is from May to July 2019…
Norwegian contractor Borr Drilling has made the decision to activate speculatively four more newbuild jack-ups as it sees rising demand for such high-specification units.'This decision is made on the back of Borr’s previously announced success…
Stena Clyde (Australia) Pty Ltd have decided to remove the Stena Clyde from active service and retire the rig from the Stena Drilling fleet.The rig has been warm stacked in Australia for the past three years and is presently in Singapore. Although…
Houston-based Stress Engineering Services has delivered a state-of-the-art real-time drilling riser and wellhead monitoring system (RFMS), in conjunction with its Condition Based Maintenance (CBM) process for Noble Corporation’s ultra-deepwater drillship Noble Tom Madden…
Texas-based Noble Energy sold its 43.5 percent stake in Israel's Tamar Petroleum after announcing last week that it would help finance a gas export deal with Egypt, the Israeli business daily The Marker reported on Wednesday.Noble's sale of 40 million Tamar shares…
PG Flow Solutions has been awarded a contract to supply a seawater circulation pump system to a wellboat that Norwegian shipyard Fitjar Mekaniske Verksted is building for the newly established wellboat company Hordalaks AS.PG Flow Solutions…