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…
Equinor and its partners have drilled a dry well in the prospect under the Heidrun field in the Norwegian Sea.The wildcat well 6507/8-D-4 CH was drilled in production license 124, 240 kilometers west of Sandnessjøen in the ‘Heidrun Cellar SE’ prospect…
Vaalco Energy has reported strong initial results from its ongoing drilling campaign offshore Gabon, highlighted by the successful completion and startup of the Ebouri-5H development well and the mobilization of the drilling rig to its next target…
Saipem has completed the load-out and departure of a giant jacket structure destined for the Neptun Deep gas development in the Romanian Black Sea, marking a major milestone for what is set to become the European Union's largest offshore natural gas project…
BP has started a process to sell stakes in two of its Gulf of America projects, four people with knowledge of the matter said, in what would be one of new CEO Meg O'Neill's first moves.BP, one of the largest operators in the Gulf of America…
Shell and its partners QatarEnergy and Namibia's national oil company NAMCOR have reported encouraging results from the Merlin-1X exploration well in Petroleum Exploration License 0039 (PEL 0039) offshore Namibia, with the well delivering the…
Offshore drilling contractor Noble Corporation has secured a three-well drilling contract with BP for the semi-submersible rig Noble GreatWhite offshore United Kingdom.The contract is expected to last between 150 and 210 days and carries a dayrate of $320…
Conrad Asia Energy, via its subsidiary West Natuna Exploration Limited (WNEL), has signed a binding contract with PT Pertamina Drilling Services Indonesia through the PDSI–ADES Consortium for the provision of a jack-up drilling rig to support development of the Mako gas field offshore Indonesia…
Masirah Oil has announced that the start date for a planned three-well development drilling program at the offshore Yumna field in Oman's Block 50 will be updated at a later date.The company did not provide a revised timeline for the campaign…