The Norwegian offshore drilling company Odfjell Drilling has, on behalf of the China-based rig owner CIMC Offshore, signed a contract with the Polish oil firm PGNiG for the Deepsea Yantai offshore drilling rig.PGNiG will use the semi-submersible drilling rig to drill one firm well…
Offshore drilling company Transocean has secured contracts and extensions worth $488 million in total for five offshore drilling rigs.In the U.S. Gulf of Mexico, the ultra-deepwater drillship Deepwater Invictus has won a 100-day, three-well contract with an unnamed independent operator…
North Sea Forties crude oil differentials were unchanged on Wednesday as Mercuria offered cargoes while BP withdrew one, all above Forties' current assessed value.Platts windowIndications are on a free-on-board (FOB) basis unless marked as cost…
Angolan state oil company Sonangol will keep its stakes in Portugal's Galp Energia and Millennium bcp lender as it considers them strategic assets, Sonangol CEO Sebastiao Gaspar Martins told Reuters on Wednesday.With a 19.49% stake, Sonangol…
Uruguay's state oil company ANCAP has awarded two offshore blocks to Argentina's YPF and a consortium between Shell and APA (ex-Apache). Shell and APA Corporation won the rights to Area OFF-4, where the consortium has committed to conducting 3D seismic acquisition…
Finland's Ministry of Economic Affairs and Employment (TEM) has granted Ilmatar Offshore a research permit for two offshore wind areas in Finland’s exclusive economic zone (EEZ). The areas cover approximately 700 square kilometers in total. 'In order to secure long-term value chains…
China is ready to resume oil and gas talks and manage maritime issues 'cordially' with the Philippines, China President Xi Jinping said on Wednesday, according to Chinese state television.Xi was speaking to his Philippines counterpart Ferdinand Marcos Jr…
U.S. oil firm Talos Energy said Tuesday that its two deepwater wells in the U.S. Gulf of Mexico had discovered commercial quantities of oil and gas during drilling operations in the fourth quarter of 2022. Talos holds a 60% working interest in the two deepwater discoveries…
Marine seismic survey services firm Shearwater GeoServices has won two contracts for 4D seismic surveys with Petrobras for the Jubarte and Tartaruga Verde fields in the Campos Basin offshore Brazil. Combined, the two surveys add eight months to the Shearwater's order book…
Offshore installation services company DEME Offshore has won a 'substantial' contract for the transportation and installation of the inter-array cables for the Empire Wind 1 and 2 offshore wind farms being developed in the U.S. by Empire Offshore Wind…
Offshore drilling firm Shelf Drilling said Wednesday it had won a one-year contract extension for its Shelf Drilling Tenacious jack-up rig.The contract is a direct continuation of its current contract for drilling operations offshore Angola…
Offshore seismic data companies TGS and CGG on Wednesday announced the second phase of the Foz do Amazonas 3D multi-client survey, located in the offshore Brazil equatorial margin. This survey, covering 11,425 square kilometers, will broaden…
The chief executive of Brazilian oil company Petrobras, Caio Paes de Andrade, has informed the board of directors of his resignation, two sources with knowledge of the matter told Reuters on Tuesday.The resignation comes shortly after the country's…
Norway-based H2Carrier announced it has signed a letter of intent (LOI) with Greenland-based Anori to develop the first commercial wind farm in Greenland with subsequent production and export of green ammonia.The wind farm is projected to comprise 1…
Petra Energy Berhad has secured a contract extension with Petronas for production, operation, and maintenance services at the Banang offshore oil field. The agreement runs until August 6, 2024. Its scope under the extension includes the provision of production…