Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.The total added contract value is approximately $40 million…
Norwegian oil and gas operator DNO has entered into an offtake agreement with France’s Engie for its Norwegian gas production and secured a related offtake financing facility with a major U.S. bank for up to $500 million.The offtake agreement…
North Star’s £400 million ($550 million) ongoing commitment as part of its ESG strategy, combined with a £1.8 million ($2.47 million) investment in crew training last year, has delivered significant progress in its transition to operating a net zero fleet by 2045…
Versalis, Eni’s chemical company, has set out plans to transfer its Oilfield Chemicals business unit into the newly established company Versalis Oilfield Solutions.As of July 1, 2025, Eni has consolidated Versalis’ position in the oilfield services…
Malaysia’s oil and gas services Velesto has secured a drilling contract for its NAGA 5 jack-up drilling rig by PTTEP HK Offshore and PTTEP Sarawak Oil, collectively referred as PTTEP, for its 2025 - 2026 drilling campaign in Malaysia.Under the contract…
Equinor and its partners have approved the $1.29 billion (NOK 13 billion) investment in the third phase of Johan Sverdrup field, which entails the installation new subsea infrastructure to increase recovery by 40 - 50 million barrels of oil equivalent (boe)…
Offshore drilling firm Shelf Drilling has secured a five-year extension with Saudi oil and gas giant Aramco for its High Island V jack-up drilling rig.The extension is in direct continuation of the rig’s current contract with Aramco, extending the commitment until July 2030…
U.K.-based oil and gas company Viaro Energy has unveiled plans to acquire Deltic Energy in an effort to strengthen its North Sea portfolio, while setting Selene discovery as development priority.The acquisition has been structured as a recommended…
The Norwegian Offshore Directorate (NOD) has granted OKEA a drilling permit for a wildcat well in the Brage field.The drilling permit is for the well 31/4-A-15 B in production license 055, and will be done via Brage production, drilling and accommodation facility…
Serica Energy has informed that Triton floating production, storage and offloading (FPSO) unit in the North Sea will restart production shorty, following the completion of repairs and maintenance operations.Production will commence shortly, Serica Energy said…
Equinor has found oil in an exploration well, dubbed Drivis Tubåen, on the Johan Castberg field in the Barents Sea.The well, 7720/7-DD-1H, was drilled in the Drivis structure on the Johan Castberg field. According to preliminary estimates, the size of the discovery is 9-15 million barrels of oil…
The assembly of an offshore solar farm has been completed at the Port of Amsterdam in a ‘world’s first’ project that will integrate the system with an offshore wind farm in the North Sea, offshore Netherlands.The system, supplied and built by Oceans of Energy…
Equinor and Shell have unveiled the name of their joint venture company, set to become U.K. North Sea’s largest independent oil and gas producer.Adura has been chosen as the name for Equinor’s and Shell’s incorporated joint venture (IJV).With a long-standing presence in the North Sea…
Sierra Leone will wait for the results of a recently-launched offshore 3D seismic survey, its first in over a decade, ahead of potentially opening its next oil and gas licensing round later this year, a senior government official said on Thursday…
