ExxonMobil made a deepwater oil discovery at the Mako-1 well offshore Guyana, the US supermajor announced on Monday, just days after reporting first oil from the nearby Liza field on Friday.The 15th discovery on the Stabroek Block, the new find…
Norwegian oil and gas company Equinor has exercised three new wells for Odfjell Drilling’s semisubmersible Deepsea Atlantic.Furthermore, two additional wells are pending final approval by Equinor and its licensees.The wells have been exercised…
U.S. energy firms added the most oil rigs this week since February 2018 - primarily in the Permian shale - even though producers have been reducing spending on new drilling for much of this year.Companies added 18 oil rigs in the week to Dec…
Exploration and production (E&P) companies are expected to enter 2020 with measured optimism for offshore exploration prospects, after 2019 delivered a moderate increase in exploration drilling and not-so-moderate rise in licensing activity…
Norwegian energy company Equinor has received the second of four approvals needed for offshore exploration in the Great Australian Bight.This week, Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA)…
Aker BP, the oil exploration and development company focusing petroleum resources on the Norwegian Continental Shelf, has exercised the first one-year option for Odfjel Drilling’s Deepsea Nordkapp semi-submersible drilling rig.According to a press note from Odfjell Drilling…
Norwegean offshore driller Odfjell Drilling has been awarded the contract for platform drilling and maintenance and minor modifications for ConocoPhillips offshore Norway.The oil drilling, well service, and engineering company said that the…
Maersk Drilling said it has agreed to sell the jack-up rig Maersk Completer to a subsidiary of Shelf Drilling for $38 million in cash as the Danish-based offshore drilling contractor seeks to concentrate its efforts on harsh environment activities in the North Sea…
Maersk Drilling said it has been notified by Perenco that the Anglo-French oil and gas company is canceling a three-well contract for the jack-up rig Maersk Resolute in the UK North Sea due to scheduling overruns.According to Perenco, the cancellation…
Maersk Drilling informs it has secured a three-well contract for the semi-submersible rig Maersk Discoverer with BP for development drilling at the Matapal project offshore Trinidad and Tobago.The contract has an estimated duration of 322 days and is expected to commence in July 2020…
BP announced on Monday that its three-well drilling program offshore Mauritania and Senegal encountered gas in 'high quality', confirming the supermajor's confidence in the 'world-class scale' of the hydrocarbon resources in the West African region…
U.S. energy firms added rigs for the first time in eight weeks even as producers follow through on plans to reduce spending on new drilling.Companies added 4 oil rigs in the week to Dec. 13, bringing the total count to 667, energy services firm…
Oil firm DNO has made a minor oil and gas discovery in the northern part of the Norwegian Sea, the Norwegian Petroleum Directorate (NPD) said on Friday.The discovery, made in 341 meters of water, about 4 kilometers west of the Heidrun field…
Tap Oil on Friday shared an update on the Yothaka East-2 appraisal well drilled in the G1/48 concession Manora Production License, operated by Mubadala Petroleum, in the Northern Gulf of Thailand.Operations on the sidetrack of the Yothaka East…
Keppel Offshore & Marine Ltd (Keppel O&M) through its wholly-owned subsidiary Keppel FELS Limited (Keppel FELS) has delivered the KFELS B Class jackup rig, Cantarell III, to a wholly-owned subsidiary of Grupo R.As part of the deal, Grupo R has…