Equinor and its partners Petoro and TotalEnergies have made an oil and gas discovery near the Oseberg field in the Norwegian North Sea, with preliminary estimates indicating between 19 million and 50 million barrels of recoverable oil equivalent…
Offshore drilling contractor Seadrill has secured new drilling contracts and extensions covering four rigs offshore Indonesia, Malaysia, Angola and in the U.S. Gulf.In Indonesia, West Carina drillship has been awarded a contract with an undisclosed…
Murphy Oil Corporation has reported a successful appraisal well offshore Côte d'Ivoire and an oil discovery offshore Vietnam, alongside the start of production from two offshore developments in Vietnam and the Gulf of America.In Côte d'Ivoire…
Offshore drilling contractor Transocean has added approximately $1.1 billion to its firm contract backlog following final approval of a previously announced agreement with Equinor and a new drilling contract with Shell offshore Norway.The company…
SLB has signed a 15-year agreement with TotalEnergies to deploy its DrillPlan digital well planning and engineering solutions across the energy company's global upstream portfolio.The agreement will support TotalEnergies' transition to a standardized digital planning environment…
Equinor and its partners have made a gas discovery at the Gullfaks South field in the Norwegian North Sea, with estimated recoverable resources of between 3.3 million and 10.3 million barrels of oil equivalent (boe).The discovery, located about 190 kilometers northwest of Bergen…
Valaris has added about $220 million to its contract backlog through new offshore drilling contracts and extensions since its previous fleet update in August, including work in Suriname, Australia and the North Sea.The offshore driller secured…
Chevron and the Egyptian Natural Gas Holding Company (EGAS) have signed an agreement covering at least $88 million of investment in natural gas and crude oil exploration and production in the Lotus offshore area in the Mediterranean Sea.The…
Vaalco Energy has completed its Phase 3 drilling program offshore Gabon after bringing the ETSEM-3H development well onstream at an initial stabilized rate of about 2,000 barrels of oil per day, while drilling has started on its Baobab Phase 5 program offshore Côte d’Ivoire…
Halliburton has ruled out working on the Sea Lion oil project near the Falkland Islands after Argentine federal authorities raised questions over potential criminal and civil enforcement related to hydrocarbon activities around the disputed territory…
Petrobras has made a new oil discovery in block FZA-M-59 in ultra-deep waters off Brazil's Amapá state after finding another oil-bearing interval while drilling deeper at its Morpho exploration well.The discovery was made at the 1-BRSA-1405-APS well in a water depth of 2…
Borr Drilling has announced new commitments for three premium jack-up rigs, including a three-well award in West Africa, an exercised Shell option in Nigeria and an accommodation contract in the UK.The Norve rig has received a binding letter…
Solstad Maritime has been awarded contracts for two anchor handling tug supply vessels (AHTS) for drilling support work in the Asia-Pacific region.The combined firm value estimated at the upper end of a $10 million and $30 million range, according to the Norwegian vessel owner…
Amplitude Energy has taken a final investment decision (FID) on the development phase of its East Coast Supply Project (ECSP) in Australia's Otway Basin, targeting first gas in 2028 and gross production of up to about 90 terajoules per day.The…