Shell has booked Northern Ocean’s Deepsea Mira semi-submersible rig for a drilling campaign offshore Namibia.The Odfjell Drilling-managed rig has been scheduled to start operations in Namibia in April 2026.The contract covers one firm well and includes one optional well…
Shell is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners QatarEnergy and Namibia's national oil company Namcor.Shell's Namibia country chair Eduardo Rodriguez said…
BP has delivered first oil from the Atlantis Drill Center 1 expansion project in the U.S. Gulf of America, two months ahead of plan.The project is expected to add 15,000 barrels of oil equivalent per day (boe/d) gross peak annualized average production at the existing Atlantis platform…
Seatrium Offshore Technology, the flagship offshore jack-up designer for Seatrium Group, has secured a repeat contract from International Maritime Industries (IMI) for the supply equipment and a design license for the Kingdom 4 self-elevating drilling unit…
Africa-focused oil and gas company VAALCO Energy has started its phase three drilling program offshore Gabon with the spudding of the ET-15 infill well on the Etame platform.As previously announced, the company secured a drilling rig in December…
The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 35/11-32 S in production license 090 HS, operated by Equinor with 60% working interest.The other partners in license are Inpex Idemitsu Norge and Vår Energi…
South Africa's legacy national oil company, PetroSA, has approved a deal to give Shell Offshore a 60% stake in its Block 2C, off the country's west coast, a document seen by Reuters showed on Monday.If successfully concluded, the agreement will strengthen oil major Shell's SHEL…
Eni has made a significant gas discovery in the Konta-1 exploration well, drilled in the Muara Bakau production sharing contract (PSC), in the Kutei Basin, offshore Indonesia.Estimates indicate 600 billion cubic feet (Bcf) of gas initially in…
Noble Corporation has signed definitive agreements to six jack-up rigs - five to Borr Drilling and one to Ocean Oilfield Drilling - in transactions valued at a combined $424 million.Noble said the move is aligned with the company’s strategy…
Offshore drilling contractor Transocean has signed a six-well contract with an undisclosed operator for its Deepwater Skyros drillship, offshore Australia.The estimated 320-day campaign is expected to start in the first quarter of 2027 and contribute approximately $130 million in backlog…
Jasmine Energy has raised $25 million in senior secured bonds to support a new drilling campaign at the Yumna field in Block 50 offshore Oman, parent company Rex International Holding informed.The three-year bonds are expected to settle on December 12…
Equinor and its partner Aker BP have discovered hydrocarbons in wildcat wells drilled in the North Sea.The gas/condensate discovery was made in the Lofn and Langemann prospects, part of 1140 production license, operated by Equinor with 60% working interest…
The Australian unit of U.S. oil giant Chevron said on Friday that the partners of the Gorgon Joint Venture have approved the A$3 billion ($1.98 billion) Gorgon Stage 3 development off Western Australia's northwest coast.The development will…
A survey on Thursday showed that oil firms in Norway are planning to drill 18% less exploration wells next, as they focus on existing fields. This could undermine the government's aim of maintaining production from Europe's biggest petroleum producer…