Following last year's large gas/condensate discovery at Brulpadda well offshore South Africa, French oil major Total is preparing to drill more wells in the vicinity.After the Brulpadda, estimated by Rystad Energy to hold 500 mboe to 600mboe…
Malaysian offshore vessel and rig owner Perisai Petroleum Teknologi is about to get delisted after Bursa Malaysia decided to dismiss the company's request to give it more time to get its business in order.Perisai, which provides vessels and rig to the local oil and gas industry…
Offshore accommodation specialist Prosafe has agreed to sell the Safe Bristolia flotel for scrap.In an operational update for the fourth quarter of 2019, Prosafe on Monday said that it had entered into an agreement to sell the Safe Bristolia…
Drilling contractor ADES has won a contract extension for its ADMARINE 261 jack-up rig in Saudi Arabia.ADES said Monday that the contract extension was for a tenure of one year. The contract is expected to start upon the expiry of the current contract in February 2020…
Turkey called on Sunday for the European Union to end what it said was the bloc's prejudice against Turkish Cypriots, defending its launch of a fresh round of hydrocarbons drilling off the Mediterranean island.Turkey began drilling for oil and gas near Cyprus last year despite warnings from the EU…
Norwegian offshore oil company Aker BP has awarded the Maersk Integrator jack-up drilling rig a contract for work at the Ivar Aasen field offshore Norway.Maersk Drilling, the rig's owner, said Monday that the Maersk Integrator would move to…
ARO Drilling, a joint venture (JV) of Saudi Aramco and Valaris Companies, has awarded a couple of contracts to International Maritime Industries (IMI) and signed a subsequent sub-contract agreement with long-term partners Lamprell Energy Ltd…
Norway's Equinor has been given regulatory approval to drill in a block in the Norwegian sector of the North Sea using a Seadrill drilling rig.The Petroleum Safety Authority Norway has given its consent for exploration drilling in the block 30/2…
Abu Dhabi-based offshore energy services firm GMS has raised its 2020 EBITDA guidance compared to its 2019 outturn, citing new contracts and cost cuts.'Guidance for 2020 EBITDA is in the range of $57 - $62m, compared to an expected 2019 outturn…
A London arbitration tribunal has ordered offshore drilling company Pacific Drilling to pay $320 million to Samsung Heavy Industries for a 2015 drillship order cancellation.Pacific Drilling had ordered the Pacific Zonda ultra-deepwater drillship from Samsung in 2013…
Singapore-based offshore rig builder Keppel O&M is working on a system that will enable it to 3D print offshore grade materials, to speed up production and lower cost. The company has teamed up with local university and research and technology…
Jadestone Energy has filed plans for drilling operations expected to start this year at its Montara oil field offshore Australia. The Montara field, which Jadestone bought in October 2018, lies approximately 690 kilometers east of Darwin in…
Offshore drilling contractor has taken delivery of a newbuild jack-up rig from Singapore's Keppel. This is Keppel's first rig delivery in 2020.Keppel said Wednesday that the offshore drilling rig, named Heimdal, was built to Keppel's KFELS B…
Lebanon has postponed a deadline for the submission of applications as part of its second licensing round for oil and gas acreage, Lebanon's energy minister Nada Boustani tweeted Monday.According to Reuters, which translated the tweet in Arabic…
The U.S. oil major Chevron has chartered a Shelf Drilling jack-up drilling rig on a long-term deal. Chevron will use the rig in Thailand.Shelf Drilling said on Tuesday that Chevron Thailand had contracted the Shelf Drilling Enterprise jack-up unit…