Saudi Arabia’s drilling contractor Arabian Drilling has informed that some of its offshore rigs in the Persian Gulf have been temporarily suspended as a precautionary measure amid ongoing regional tensions, while its land operations remain unaffected…
Borr Drilling has entered into definitive agreements to acquire five premium jack-up rigs from Fontis Finance for a purchase price of $287 million.The acquisition will be completed through BC Ventures Limited, a newly established 50/50 joint…
Arcius Energy, a joint venture between BP and ADNOC, is set to begin drilling two offshore gas exploration wells in Egypt’s Mediterranean waters as part of the country’s wider upstream expansion plans.The campaign will target the Atoll West…
Equinor has made an oil discovery that will be tied into the Johan Castberg field in the Barents Sea.The discovery was made in the “Polynya Tubåen” prospect (7220/7-5). The well was drilled by the COSL Prospector rig. The preliminary volume…
The drilling results from Shell’s Sirius 1X exploratory well in the Mediterranean Sea offshore Egypt have shown encouraging initial indications, Egypt’s Ministry of Petroleum and Mineral Resources said in an update.The well is operated by Shell…
Sunda Energy, through its subsidiary SundaGas Banda Unipessoal, has been awarded an environmental license for the drilling of the Chuditch-2 appraisal well offshore Timor-Leste.SundaGas operates the TL-SO-19-16 production sharing contract in the country’s offshore waters…
Equinor has made two hydrocarbon discoveries in the North Sea, finding oil in the Troll area and gas and condensate near the Sleipner hub, with both considered commercially viable.The Byrding C discovery was made about five kilometers northwest…
Offshore drilling contractor Borr Drilling has placed three jack-up rigs on standby in the Arabian Gulf following recent hostilities in the region arising from the U.S.-Israel and Iran war.The company has four jack-up rigs deployed in the area…
VAALCO Energy has completed drilling the ET-14P exploration well at the Etame field offshore Gabon as part of its Phase Three drilling program and plans to sidetrack the well to drill a development target.The ET-14P well encountered 10 meters…
Valeura Energy has completed an infill drilling campaign at the Manora field in the Gulf of Thailand, bringing three new wells online and increasing oil production from the asset.The campaign was carried out from the Manora A platform on Block G1/48…
Saipem has launched a state-of-the-art Drilling Training Centre featuring a full-scale simulator designed to deliver immersive, hands-on training for drilling personnel operating in complex offshore environments. Accredited by the International Well Control Forum…
Carbon storage in the UK has taken another step forward after the NSTA granted consent to drill a carbon storage appraisal well which could become a build-out of the Endurance project off the coast of Teesside.It is another important step forward…
SFL Corporation has signed a drilling contract in Canada with an unnamed multinational oil and gas company for the harsh environment semi-submersible rig Hercules, which is managed by Odfjell Drilling.The estimated contract value is approximately $170 million for the minimum term of 400 days…
Seadrill Limited, an offshore drilling contractor, Kongsberg Maritime AS, a global technology leader, and Hanwha Drilling, a provider of offshore drilling services, announced a strategic alliance to develop the next generation of remote Dynamic Positioning (DP) technology in offshore drilling…
Equinor has completed its investigation into a well control incident on Odfjell Drilling's Deepsea Bollsta drilling rig in September 2025, classifying it in the company’s highest category of severity.The incident occurred during plugging operations…
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