ADNOC Drilling has been awarded a $1.15 billion, 15-year contract for two jack-up rigs by ADNOC Offshore in support of its growing offshore operations.The new rigs represent the latest generation of jack-up rigs and have been prepared for operations at the Lamprell shipyard in Sharjah…
The Norwegian Offshore Directorate (NOD) has granted Equinor Energy and its partners a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 35/11-31 S in production licence 090, operated by Equinor with 45% working interest…
Malaysia’s oil and gas services firm Velesto has secured a new drilling contract for its NAGA 8 jack-up drilling rig offshore Indonesia.The contract has been awarded by PC Ketapang II, PC North Madura II, and PETRONAS North Ketapang, and is set to begin in July 2025…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for two wildcat exploration wells in the North Sea.The permit is for wellbore 15/5-8 S and 15/5-8 A, in production license 1140.The license is operated by Equinor with 60% working interest…
Ocean services provider DeepOcean has acquired Shelf Subsea, creating a ‘global subsea services player’ with an extensive portfolio of solutions, now also covering the Asia-Pacific and Middle East regions.DeepOcean has acquired 100% of the shares in Shelf Subsea…
Borr Drilling reported a total operating revenue of $216.6 million for the first quarter, a decrease of $46.5 million compared to the fourth quarter of 2024.The net loss of $16.9 million was a decrease of $43.2 million compared to the net income in the fourth quarter of 2024…
Brazilian oil firm Petrobras will have a drill ship ready to make the trip to the northern state of Amapa by the end of the month, three sources close to the matter told Reuters, as the company rushes for a drilling license for the Foz do Amazonas Basin…
Wage talks involving some 7,000 oil drilling workers in Norway broke down early on Wednesday, two labour unions said, raising the risk of strike action later this year that could disrupt exploration.The talks between the Norwegian Shipowners'…
Global energy technology company SLB has launched Retina at-bit imaging, which enables identification of formation characteristics to optimize drilling efficiency, formation evaluation and safety.This first-of-its-kind solution provides precise…
U.K. oil and gas company Ithaca Energy has signed a sale and purchase agreement with Spirit Energy, increasing its stake for 46.25% in the Cygnus gas field for $154 million.The transaction, which is subject to NSTA consent, will increase Ithaca Energy's operated interest in Cygnus field to 85%…
Malaysia’s oil and gas services firm Velesto has secured a drilling contract by Phu Quoc Petroleum Operating Company (PQPOC) for its NAGA 4 jack-up drilling rig, which will be put to work off Vietnam.Under the long-term contract, Velesto’s NAGA…
Marlink published its Security Operations Center (SOC) report for the second half of 2024, and the news for maritime is not particularly good.The report finds that cybercriminals targeting maritime have streamlined their tactics, enhanced their…
Aker BP and its partners have made an oil discovery near the Skary field in the Norwegian Sea, using Saipem’s Scarabeo 8 semi-submersible drilling rig.The oil discovery was made in the so-called E prospect near the Skary field, in wells 6507/5-13 S and 6507/5-13 A…
Empire Offshore Wind, a subsidiary of Equinor, has been informed by the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) that the stop work order has been lifted for the Empire Wind project, allowing construction activities to resume…
The Norwegian Offshore Directorate (NOD) has granted Vår Energi a drilling permit for a wildcat well in the Norwegian Sea.The permit is for wellbore 6406/11-2 S in production license 586.The license is operated by Vår Energi with 75% working interest…
