BP on Monday confirmed an oil and gas discovery in Namibia’s Orange basin as reported by African energy explorer and operator Rhino Resources earlier this month.Petroleum Exploration License 85, where the well was drilled, is operated by Rhino Resources with a working interest of 42…
Colombia's Sirius project, developed off its Caribbean coast by state oil firm Ecopetrol and Brazil's Petrobras, has completed nearly half of consultations with local communities that could be affected by the development, Petrobras' Colombia chief Alcindo Moritz said on Thursday…
The igus e-loop replaced traditional service loops being installed on Seadrill’s West Polaris drillship (Credit: Supplied by igus)A modular cable management system, designed by German-based supplier igus, has been implemented by offshore driller Seadrill to reduce downtime…
U.S. oilfield services provider Halliburton has secured multiple contracts from Petrobras to provide completion and stimulation services for its deepwater fields offshore Brazil.The contracts entail vessel stimulation, intelligent completions…
Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and maturing shale fields, and analysts and consultants expect the trend to continue…
Azule Energy, a joint venture between BP and Eni, has spudded the first well at Angola’s inaugural non-associated offshore gas development.The spudding of the QUI-Q-GP01 well was done with Valaris’ jack-up drilling rig Valaris V-144, marking the first well of the New Gas Consortium (NGC) project…
Egypt has a plan for the drilling of 480 exploratory oil wells on the basis of investments totaling $5.7 billion over the next 5 years, the country's petroleum minister said on Tuesday, as the country seeks to reverse declining production.The…
Kuwait Oil Company said on Monday it made its third offshore discovery with production capacity of more than 29 million cubic feet per day of natural gas, in a boost to the power-squeezed, desert nation's efforts to ramp up output.The Jazza field…
Offshore drilling contractor Valaris has secured a five-well contract with BP’s subsidiary BP Exploration Delta for VALARIS DS-12 drillship in Egypt.The contract is expected to begin in the second quarter 2026 and has an estimated duration of 350 days…
Vietsovpetro, the Vietnamese-Russian joint venture, has started commercial oil production from its BK-24 wellhead platform at the Bach Ho (White Tiger) oil field, more than two months ahead of schedule.On October 11, 2025, Vietsovpetro achieved…
Chevron Suriname Exploration, a subsidiary of U.S. oil major Chevron, is about to start drilling the Korikori-1 exploration well in Block 5, offshore Suriname.The drilling operation, planned to start later in October, will be conducted with Noble Corporation’s Noble Regina Allen jack-up rig…
Greece is working hard to finalize a contract with U.S. oil major Chevron and its Greek partner Helleniq Energy for energy exploration offshore Greece by the end of the year, the country's energy minister said on Friday.Chevron and Greece's…
The Norwegian Ocean Industry Authority (Havtil) has granted OKEA a consent to use Deepsea Yantai semi-submersible rig for production drilling on the Draugen field in the Norwegian Sea.Draugen is a field in the southern part of the Norwegian Sea…
Brazilian state-run oil firm Petrobras has racked up 180 million reais ($33.7 million) in costs to keep a drillship on standby in the Foz do Amazonas basin, a company source and a local union said, as it awaits a regulator's decision on a drilling request…
The shareholders of Dubai-based Shelf Drilling have approved the proposed cash merger with offshore oil contractor ADES International Holding, following the revised offer the Saudi Arabian firm.An extraordinary general meeting was held on October 6…