Brazilian oil regulator ANP has halted Petrobras from restarting offshore drilling at the Foz do Amazonas basin until it provides information on what caused a synthetic fluid to leak in the waters of the environmentally sensitive region, documents seen by Reuters show…
The offshore division of Arab Shipbuilding and Repair Yard (ASRY) in Bahrain is on track to deliver its 200th project milestone in the first quarter of 2026. It will be a landmark achievement for ASRY since its Offshore Division was established…
Murphy Oil Corporation has drilled an appraisal well at the Hai Su Vang oil field offshore Vietnam, confirming a larger hydrocarbon column and strengthening the field’s recoverable resource potential.The Hai Su Vang-2X appraisal well was drilled in Block 15-2/17 in the Cuu Long Basin…
Ørsted will file a complaint and seek a preliminary injunction in the U.S. District Court for the District of Columbia, challenging U.S. government’s lease suspension order issued for the Sunrise Wind offshore wind project, after it instigated…
ConocoPhillips has identified probable gas across all targeted Waarre sandstone reservoirs at its Charlemont-1 exploration well in Australia’s Otway Basin, resuming drilling after an earlier pressure-related pause before suspending operations again due to higher-than-anticipated formation pressures…
Abu Dhabi National Oil Company (ADNOC) has taken a final investment decision on the SARB Deep Gas Development, a strategic offshore gas project within the Ghasha Concession, offshore United Arab Emirates.The project is expected to deliver up…
A synthetic fluid leak of about 15 cubic meters (15,000 liters) has halted Brazilian state-run oil firm Petrobras' drilling of a well in the environmentally sensitive Foz do Amazonas Basin, the company said on Tuesday.In a statement, Petrobras…
U.S. oilfield services provider Halliburton has introduced the HyperSteer MX directional drill bit, a shankless matrix-body bit designed to improve durability, enhance directional control, and reduce well construction time.The new bit delivers longer drilling runs…
Energy and marine consultancy ABL has secured a contract by Equinor to provide marine warranty survey (MWS) services to the Northern Lights Phase 2 carbon capture and storage (CCS) project in Norway.The Northern Lights project is part of the…
Offshore drilling contractor Borr Drilling has secured new contract commitments for two of its premium jack-up rigs, adding firm work in Mexico and the United States.Borr Drilling’s jack-up rig Ran has received a one-well extension from Italy’s Eni in Mexico…
Here are some key facts about the international oil companies operating in Venezuela. The country, which has the largest oil reserves in the world, is now in crisis following the capture of the President Nicolas Maduro.Hugo Chavez, the former president…
Offshore drilling contractor Transocean has secured a new contract and an extension for two of its rigs, adding approximately $168 million to its firm backlog.In Brazil, the Deepwater Mykonos was awarded a contract by BP for an estimated 302-day campaign beginning in the third quarter of 2026…
Equinor has filed a civil suit in the U.S. District Court for the District of Columbia, challenging a U.S. Department of the Interior order to suspend work on its Empire Wind 1 offshore wind project.The company said it plans to seek a preliminary…
China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the United States and European Union, shiptracking data showed.One shipment was from Portovaya and the rest were from the Arctic LNG 2 project…
While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main Events of 2025One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s suspension of 36 jackups from April 2024…