Offshore Drilling News - page 9

TotalEnergies Gears Up for More Offshore Drilling in Namibia after Record-breaking Oil Find

Feb 22, 2023

French oil major TotalEnergies is set to embark on a multi-well appraisal and exploration program offshore Nambia, where it made one of the world's largest oil discoveries in 2022, by drilling the Venus-1x well.According to Impact Oil & Gas Limited…

Indonesia Awards Exploration Contracts for Three Oil and Gas Blocks

Feb 22, 2023

Indonesia has appointed several firms to conduct exploration of three oil and gas blocks, which include units of state energy company Pertamina and Italy's Eni, the energy ministry said on Wednesday. The blocks are namely Peri Mahakam, Sangkar…

Brazil: Karoon to Drill Second Neon Control Well, after First Well Shows Encouraging Results

Feb 21, 2023

Australian oil and gas company Karoon Energy has elected to drill the second control well at the Neon discovery offshore Brazil, after the first control well, Neon-1, confirmed the presence of 25 meters of net oil-bearing pay.Neon-1 and Neon…

Panoro Energy, Kosmos Energy, and GEPetrol partner in Equatorial Guinea Offshore Block

Feb 20, 2023

Oil and gas company Panoro Energy has been awarded a 56 percent stake in and operatorship of Block EG-01, located offshore Equatorial Guinea. Partners in the block will be Kosmos Energy and GEPetrol.Block EG-01 borders both Block G where Panoro has a 14…

Equinor's Appraisal Well Comes Up Dry, Cutting Resource Estimate of 2009 Offshore Discovery

Feb 16, 2023

The Norwegian oil company Equinor has completed the drilling of an appraisal well to test a 2009 offshore discovery in the North Sea, off Norway. The appraisal well, 16/2-23 S, came up dry, with traces of hydrocarbons, the Norwegian Petroleum Directorate said…

Longboat Energy Set to Tap into Malaysia's Offshore Gas Potential with Block 2A PSC

Feb 15, 2023

Longboat Energy, an oil and gas company so far mostly focused on offshore oil and gas operations offshore Norway, is expanding internationally with the recent award of an offshore exploration block in Malaysia.Longboat said Wednesday it had won a Production Sharing Contract (“PSC”) for Block 2A…

Borr Drilling Adds 625 Days to Backlog with Hat-trick of Jack-up Rig Deals

Feb 14, 2023

Shallow water drilling company Borr Drilling has secured contracts and extensions for three jack-up drilling rigs: Ran, Gerd, and Natt.Borr Drilling said on Monday that the contracts added about 625 days to its firm backlog.The premium jack…

Guyana's Oil Conference Starts as Exxon Mulls Adding More Offshore Blocks

Feb 14, 2023

As oil industry officials from around the world descend on Guyana for a conference to showcase its potential as an oil power, the biggest player in its oil boom still has decisions to make on its future in the South American country.Liam Mallon…

Egypt's Gas Production Steady, Offshore Drilling Expansion Planned

Feb 14, 2023

Egypt's gas production is set to remain stable in the current year at 6.4 billion cubic feet (bcf) per day, but the country has ambitious offshore exploration plans, the head of state-run operator EGAS said on Tuesday.'For 2024 and 2025, we have a very good…

OMV Taps Baker Hughes for Well Construction and Completion Services Offshore Norway

Feb 13, 2023

OMV's Norwegian subsidiary OMV Norge has awarded a 4-year frame agreement to Baker Hughes for integrated well construction and completion (IWCC) services.Between 2023 and 2027, OMV plans to drill three production wells on the Berling field development…

Abu Dhabi's ADNOC Drilling Net Profit Increases 33% in 2022

Feb 13, 2023

Abu Dhabi's ADNOC Drilling reported on Monday a rise of 33% in 2022 net profit, with revenue boosted by its onshore and oilfield services businesses. Net profit for 2022 was $802 million, up from $604 million in the previous year. Revenue increased to $2…

JDC to Provide HAKURYU-11 Jack-up Rig for Work in Thai Offshore Field

Feb 10, 2023

Japan Drilling Co., Ltd. (JDC), a Japanese offshore drilling company, has won a contract to drill in Thailand.The contract, signed with Medco Energi, will see JDC provide the jack-up drilling rig  'HAKURYU-11' for work at the Bualuang field…

Aker BP's North Sea Oil Find Deemed Not Commercially Viable "at Present Time"

Feb 10, 2023

Aker BP has made an oil discovery near the Ivar Aasen field in the North Sea, offshore Norway, but the volumes discovered are not seen as profitable 'at present time.'The oil firm, as the operator of the production license 867 B, has completed the drilling of wildcat well 25/10-17 S…

Transocean's Drillship to be Used for Deep-Sea Mineral Exploration

Feb 10, 2023

Offshore drilling company Transocean has agreed to invest in DEME Group’s subsidiary Global Sea Mineral Resources NV (“GSR”) in exchange for a non-controlling stake in the company. GSR is the deep-sea mineral exploratory company engaged in the…

Egypt: Gempetco Extends Shelf Drilling's Jack-up Rig Term

Feb 09, 2023

Jack-up drilling contractor Shelf Drilling has secured a one-year contract extension for the Rig 141 jack-up rig.The extension is with Gemsa Petroleum Company (“Gempetco”) and is for drilling in the Gulf of Suez, offshore Egypt, in direct continuation of the drilling rig's current term…

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