A U.S. appeals court on Thursday supported a lower court's finding that Italian oil producer Eni SpA breached a contract with offshore drilling contractor Transocean Ltd, but voided a $160 million damages award.A three-judge panel found the…
Partners Tullow Oil, Total and Eco Atlantic have chosen the Joe prospect for a second well in their much-watched Orinduik oil and gas field off Guyana's coast, Eco said on Friday.Eco earlier this month increased the estimate for the field to about 3…
Japan Drilling Co Ltd (JDC), the provider of offshore drilling contract services to oil and gas companies worldwide, has signed a drilling contract for its Hakuryu-11 jack-up rig with an unnamed client in Vietnam.According to an annoucement from the offshore drilling services company…
Cayman Islands-headquartered Shelf Drilling, the leading contractor of jack-up rigs, has won a three-year contract for one of its jack-up drilling rigs.The provider of shallow water drilling services to the oil and gas industry said in a press…
Norwegian oil company Equinor has received consent to drill exploration well 7335/3-1 in production licence 859 in the Barents Sea, Norway's offshore safety watchdog, the Petroleum Safety Authority, said on Thursday.Well 7335/3-1, known as Korpfjell Deep…
Bourbon Marine & Logistics said on Thursday it has been awarded a contract from Shell to support the oil major's exploration drilling in the Black Sea offshore Bulgaria.The French services company said its project scope covers the full logistics solution project management…
U.S. lawmakers will quiz President Donald Trump’s new pick to lead the Interior Department on Thursday, focusing on the former energy and mining lobbyist’s plans to expand fossil fuels production from the United States' public lands and waters…
Angola's national oil company Sonangol has recently taken possession of the first of its two drillships built by a Korean shipyard firm, signaling the start of the implementation of its regeneration program that include investment in deep and ultra deep water drilling and offshore marginal areas…
PGNiG Upstream International AS, a subsidiary of Polish Oil and Gas Company, and Norwegian oil giant Aker BP have signed a contract for the lease of a semi-submersible drilling rig.In autumn, the exploration well will start to be drilled on the Shrek prospectus within PL838 license…
Angola state oil company Sonangol has taken delivery of Libongos, the first of two new drillships built by Korean shipyard Daewoo Shipbuilding Marine Engineering (DSME).The new seventh-generation drillship, christened March 21 in Busan, is capable of operating in deep…
Offshore driller Odfjell Drilling plans to recruit more than 200 personnel as it adds two new semisubmersible drilling rigs to its fleet.The Norwegian-headquartered company, which will mobilize the two sixth generation semisubmersibles for drilling…
Samsung Heavy Industries said on Wednesday that Petrobras America filed a lawsuit against the South Korean shipbuilder with a U.S. court, claiming 283 billion won ($249.32 million) in damages.Petrobras America claimed that it paid excessive charter fees for a drill ship built by Samsung Heavy…
The Norwegian Petroleum Directorate (NPD) has granted MOL Norge, a Norwegian unit of the Hungarian oil company MOL, a drilling permit for a wildcat well in the North Sea.According to a press release from NPD, the wildcat well, designated 3/7-11 S in production licence PL 539…
Aberdeen-headquartered controls technology company Proserv has agreed to sell its drilling services business (TIC) to pressure control systems specialist C-Automation.The divested business will now trade as C-Automation Services, said a press release…
The Stena Drilling-owned 5th generation, semi-submersible drilling rig Stena Don has undergone a major refit in the Netherlands. The vessel arrived at Damen Verolme Rotterdam (DVR) in October 2018 and departed for her new contract off the UK’s Shetland Islands in February 2019…
