Around 1,000 Norwegian oil service workers were locked out on Saturday morning in an escalation of a labour dispute that is expected to disrupt drilling and some production on the Norwegian continental shelf.The lockout was declared in response…
Faced with declining production post-2030, across Sub-Saharan Africa (SSA), the Majors have started the process of reloading exploration hoppers. Targeting predominantly deep and ultra-deep waters, they have signed numerous agreements aimed…
ADNOC Drilling has delivered and received acceptance for AD-300, its first AI-enabled, fully automated walking island rig, nearly three months ahead of schedule.AD-300 is the first of six next-generation island rigs being deployed under a $1…
Energy producer TotalEnergies expects to begin a new well drilling campaign next year to extend its exploration targets in Suriname, the French company's vice president for exploration in the Americas said on Wednesday.TotalEnergies' largest development in Suriname…
Asia-Pacific focused upstream company Jadestone Energy has drilled and brought online its first well in the 2026 Malaysia infill drilling campaign on the PM323 production sharing contract, which now delivers around 3,000 barrels of oil per day (bpd)…
Italian energy services company Saipem has signed a binding agreement to sell its shallow-water drilling business in Saudi Arabia to ADES Saudi Limited Company for $285 million, as it seeks to focus on deepwater and harsh-environment offshore drilling…
Malaysia's state-controlled energy producer Petronas has made another gas discovery at offshore Block 52 in Suriname, the South American country's President Jennifer Simons said on Tuesday, while a company executive said the block's eight discoveries…
U.S. firm Murphy Oil Corporation has discovered oil at its Bubale-1X exploration well offshore Côte d'Ivoire in West Africa.The Bubale-1X well, located in Block CI-709 around 40 miles (64 km) offshore Côte d'Ivoire, encountered 100 feet (30 meters) of net oil pay across two reservoirs…
Norwegian oil and gas company DNO has reduced its estimate of recoverable resources at the Carmen gas-condensate discovery in the North Sea, a field once hailed as Norway's largest hydrocarbon find in a decade, following the results of an appraisal well…
Europa Oil & Gas has extended the completion deadline for the farm-out of a 40% stake in the EG-08 production sharing contract offshore Equatorial Guinea to July 31, 2026, as the companies await final regulatory approval from China.The AIM-listed…
The shareholder in offshore drilling contractor Vantage Drilling have approved its proposed merger with Norway-based Eldorado Drilling, advancing a transaction that values Vantage's equity at approximately $258 million.The approval was secured at a special general meeting held in Bermuda on June 18…
Valeura Energy has completed an eight-well drilling campaign at the Nong Yao field in the Gulf of Thailand, increasing production and successfully delivering its first multi-lateral development well.The campaign at the offshore field included…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is wellbore 16/4-14 in production license 1174 S.The license is operated by Equinor with 80% stake, with partner Petoro holding the remaining 20% working interest…
The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 36/4-2 in production license 1153, operated by Aker BP with 40% working interest.Aker BP’s partners in the license are INPEX Idemitsu Norge with 30%…
Offshore drilling contractor Transocean has secured new contracts for two of its harsh-environment semi-submersible drilling rigs, adding approximately $185 million in firm backlog.The largest award was for the Transocean Norge, which received…