Offshore Drilling News


Norway Clears Equinor for Drilling in Barents Sea

Feb 10, 2025

The Norwegian Offshore Directorate has granted Equinor a drilling permit for an exploration well in the Barents Sea.The permit is for a wellbore 7220/7-CD-1 H in production license 532, which is operated by Equinor with 46.3% working interest…

TotalEnergies Starts Drilling Ops Offshore Namibia

Feb 07, 2025

French energy major TotalEnergies has started drilling the first of the planned two wells in oil and gas blocks offshore Namibia.On February 3, 2025, the semi-submersible drilling rig Deepsea Mira spud the Marula-1X exploration well within the southern part of Block 2913B…

Aker BP Bites Dust in North Sea

Feb 06, 2025

Norwegian oil and gas firm Aker BP and its partners have drilled a dry well in the North Sea offshore Norway.The drilling was carried out north of the Gjøa field at the wildcat well 35/6-5 S, located in production license 1110, which was part of the awards in predefined areas (APA) 2020…

BP Makes New Oil and Gas Discovery Off Egypt

Feb 06, 2025

Oil major BP has made a new oil and gas discovery in Egypt's King Mariout Block in the Mediterranean Sea, Egypt's Prime Minister Mostafa Madbouly said on Wednesday in a televised press conference.Further details about the discovery will be announced soon…

Initial Drilling Results Raise Questions on South Korea’s Offshore Gas Viability

Feb 06, 2025

South Korea's hopes for a major oil and gas project off its east coast may not be economically feasible, according to initial drilling results, energy ministry officials said on Thursday.Recent drilling showed some signs of gas prospects but the amount was not believed to be meaningful…

Vår Energi Gets Green Light for Dilling Op in North Sea

Jan 31, 2025

The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 7/1-4 S in production license 1090, in which Vår Energi holds an operating stake of 50%, along with partners Petoro (20%)…

Halliburton Bags Major Drilling Contract with Petrobras Off Brazil

Jan 30, 2025

U.S. oilfield services firm Halliburton has secured a contract from Petrobras for integrated drilling services across several offshore fields in Brazil.The contract scope includes drilling services for development and exploration wells over a three-year period…

Court Overturns Approval for Two Massive UK North Sea O&G Fields

Jan 30, 2025

A Scottish court has invalidated Britain's approvals for two major North Sea oil and gas projects, delivering a significant victory to environmental groups and raising uncertainty over future fossil fuel developments in the UK.The Court of Session…

TotalEnergies Hires Stena Drilling’s Drillship for Work Off Suriname

Jan 30, 2025

TotalEnergies has awarded a contract to Stena Drilling for its Stena DrillMax drillship, which will be deployed for work offshore Suriname.As part of the contract, Stena DrillMax will perform managed pressure drilling of one exploration well in Suriname with TotalEnergies EP Suriname…

Vår Energi Set to Enhance Drilling Ops with Reelwell’s Digital Drill Pipe Tech

Jan 29, 2025

Reelwell, with Odfjell Technology as strategic partner, has secured a multi-year contract with Vår Energi for the provision of its DualLink-powered digital drill pipe technology.As part of the agreement, Reelwell’s DualLink technology will be…

Odfjell Drilling Secures $148M Extension with Equinor for Deepsea Atlantic Rig

Jan 29, 2025

Offshore drilling contractor Odfjell Drilling has agreed terms with Equinor to extend its contract for use of the Deepsea Atlantic semi-submersible rig until end the second quarter of 2027.Deepsea Alantic will operate under previously agreed…

US Oil Majors Set to Curb ‘Drilling Boom’ Expectations Despite Trum Calls

Jan 28, 2025

Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep their focus on generating shareholder returns, despite calls by President Donald Trump to 'drill, baby, drill.'Big Oil begins reporting fourth-quarter results this week…

Baker Hughes: US oil & gas rig count at lowest since Dec 2021

Jan 24, 2025

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count…

ExxonMobil Kicks Off Exploration Drilling Off Cyprus

Jan 24, 2025

ExxonMobil and Qatar Energy on Friday began exploratory drilling for natural gas in a prospect west of Cyprus, Cyprus President Nikos Christodoulides said on X.The east Mediterranean has yielded some major gas discoveries in recent years, and…

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