BW Energy has completed drilling operations on the Kharas-1 appraisal well in the Kudu license area, offshore Namibia, confirming the presence of hydrocarbons.The well, drilled with Odfjell Drilling-managed Deepsea Mira rig, reached a total depth of 5…
Pakistan approved a new offshore exploration consortium on Tuesday, clearing Turkish Petroleum Overseas Company to take over operatorship of the Eastern Offshore Block-C as part of a push to revive drilling, the adviser to the finance ministry said…
Equinor said its investigation into a series of exposure incidents at Hammerfest LNG has concluded that venting from monoethylene glycol (MEG) tanks was the main source, combined with weather conditions that caused vented gas to descend to ground level where personnel were working…
DNO and its partners have drilled a dry well in the Page prospect in the southern part of the North Sea, using Noble Corporation’s Noble Intrepid jack-up rig.The wildcat well 2/6-8 S and technical sidetrack 2/6-8 ST2 were drilled in production license 1086…
The semi-submersible tender-assist drilling rig GHTH, owned by SED Energy Holdings’ subsidiary Energy Drilling, has started operations with Thailand’s PTT Exploration and Production (PTTEP).The rig started operating after completing preparatory work in Singapore…
Brazil’s Petrobras has identified the presence of 'excellent quality' oil in the post-salt section of the Campos Basin, following the drilling of an exploratory well in the Sudoeste de Tartaruga Verde block.The 4-BRSA-1403D-RJS well lies 108…
Offshore drilling contractor Odfjell Drilling has signed a $480 million deal to acquire Deepsea Bollsta semi-submersible drilling rig from Northern Ocean, while securing also securing a job for its Deepsea Aberdeen rig.Deepsea Bollsta has been…
ConocoPhillips Australia has confirmed a natural gas discovery at its Essington-1 exploration well in the Otway Basin, marking the first find in the basin since 2021.The well, located in permit VIC/P79 about 53 km offshore Port Campbell and 12 km from existing production infrastructure…
Offshore operators are using an array of smart tools and techniques to optimize production, including from tiebacks, and cut emissions in the North Sea, a new report from the North Sea Transition Authority (NSTA) shows.The Technology Insights…
Oilfield services firm Archer has secured a five-year contract extension for platform drilling and maintenance services in the U.K. with an estimated contract value of $110 million.The extension will start on May 1, 2026 in direct continuation of the current contract…
When warnings abound about an imminent collapse in oil prices, one would not expect the CEO of a major oil company to boast that he has never been more confident.Yet that was precisely the message conveyed in Chevron's updated strategy, unveiled by CEO Mike Wirth on Wednesday…
Colombia's state-run energy company Ecopetrol expects to execute about $6.3 billion in investments in 2025, equivalent to 90% of its target, executives from the company told Reuters in an interview on Thursday, adding it could close the year with five additional exploratory wells drilled…
Aberdeen-based offshore energy industry services firm Three60 Energy has signed a new long-term contract with Vår Energi for the provision of temporary contract workers.The agreement, effective from 1 November 2025, represents a continued and valued partnership between the two companies…
Vår Energi has confirmed its Zagato oil discovery in the Barents Sea following successful results from appraisal well 7122/8-4 S, drilled just north of the Goliat field.The well, located in production license 229, about 90 kilometers from Hammerfest…
TADEK Ocean Engineering, a UK offshore engineering consultancy delivering front-end advisory, through-project delivery solutions and naval architecture analysis, announced its new look leadership team and strategic new senior appointments as the company prepares for further growth…