UK-based oil firm EnQuest has terminated rig contract with Dolphin Drilling for its Borgland Dolphin semi-submersible drilling rig as the joint venture partners in the Kraken field fail to reach agreement on the asset’s 2025 drilling program…
Malaysia-based Velesto Energy has signed a memorandum of understanding (MoU) with Petronas and National Oilwell Varco (NOV) to implement rig mechanized automation processes and integrate robotics into drilling operations.The MoU aims to establish…
Offshore drilling contractor Borr Drilling has received a notice of temporary suspension for its jack-up rig Arabia II, currently under contract with Saudi Aramco.The temporary suspension will be for a period of up to 12 months, Borr Drilling said…
Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed a strategic cooperation agreement with Dalian Shipbuilding Offshore (DSOC) to deliver latest semi-submersible units, specifically tailored to meet the criteria for operations in Chinese waters…
TDI-Brooks has completed a multi-client multibeam and seabed piston coring program off Suriname.The company was contracted by GeoPartners, on behalf of Staatsolie Maatschappij Suriname, to perform seep data acquisition, processing, interpretation…
Trinidad and Tobago on Tuesday signed a production sharing agreement (PSA) with a unit of British oil and gas producer BP for exploring and producing natural gas at a shallow water block, the energy ministry said.The agreement follows an offshore…
Brava Energia, a Brazilian oil and gas firm created by the merger of 3R Petroleum and Enauta, has ceased production from Petrojarl floating, production storage, and offloading (FPSO) unit, as the new FPSO Atlanta gets ready to take over at a field offshore Brazil…
TotalEnergies and Oil India Limited (OIL) have signed a cooperation agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ AUSEA technology at OIL sites in India.Mounted on a drone, the AUSEA gas analyzer…
On the back of improving conditions in the offshore rig market, Singaporean asset manager and operator Keppel has set out to secure control over 13 legacy rigs held by Rigco Holding (Asset C) as part of its plan to accelerate monetization of rigs without re-entering the offshore market…
The CEO of an independent British oil producer which is buying North Sea assets owned by Shell and Exxon Mobil is being sued by his former employer for allegedly forging documents to steal substantial sums.Viaro Energy CEO Francesco Mazzagatti…
Brazil and Argentina signed an agreement on Monday to study the development of infrastructure for natural gas exports to Brazil, with Brazilian authorities saying the deal could lead to imports of as much as 30 million cubic meters of gas per day by 2030…
Offshore well plug and abandonment specialist Well-Safe Solutions has secured two new contracts totaling $25 million for well decommissioning work in the North Sea, using the Well-Safe Protector jack-up and Well-Safe Defender semi-submersible…
Equinor has awarded a two-year firm contract to Northern Ocean Wind to employ the mobile rig Deepsea Bollsta, operated by Odfjell Drilling, on the Norwegian continental shelf.The contract value for the firm period is calculated at around $335 million…
BP, Equinor, Shell and TotalEnergies have joined forces to improve global access to energy, committing a joint investment of $500 million for key regions over the coming years.The funding supports the UN Sustainable Development Goal 7 (UN SDG7)…
Seatrium has delivered its fifth newbuild jack-up rig Var to Borr Drilling, nearly one year ahead of schedule.The successful delivery of Var marks the completion of the latest series of five B Class jack-up rigs that Seatrium has built for Borr Drilling…