Energy technology company SLB has launched AlphaSight, its latest innovation in reservoir mapping and drilling intelligence.AlphaSight leverages industry-first technologies, setting a new benchmark for visibility and control in complex drilling environments to maximize production potential…
Rhino Resources has contracted Saipem’s Saipem 12000 drillship to drill an appraisal well offshore Namibia to test the extension of an oil discovery in the Orange Basin.The Capricornus-1A well, located in Block 2914 under the PEL 85 license…
Equinor has secured a permit from the Norwegian Offshore Directorate (NOD) to drill a wildcat well in the Barents Sea.The permit is for wellbore 7220/5-EC-2 H in production license 532.The license is operated by Equinor with 46.3%, with partners Vår Energi holding 30% and Petoro the remaining 23…
Continued idling of assets should the conflict persist would see wider MODU market tightening as drillers and NOCs manage capacity.The impact of the war in the Middle East on the offshore energy sector has so far received less attention than…
The European Union is considering dropping its opposition to new oil and gas drilling in the Arctic, the Financial Times reported on Wednesday.The EU has been pushing for an international ban on new oil and gas drilling on environmental grounds since 2021…
Conflict between Iran, the United States, Israel and allies throughout the Gulf region has had an immediate effect on the oil and gas industry, both upstream and downstream. Drone and missile attacks have damaged refineries and as of mid-April 2026…
Offshore drilling contractor Seadrill has secured contract awards in the Gulf of America for two ultra-deepwater drillships, adding about $260 million to its backlog.The West Neptune drillship received a 365-day contract extension, with operations set to begin in September 2026…
Equinor and its partners have drilled a dry well in the Skoll and Hati prospects, east of the Visund field in the North Sea.Wildcat well 34/8-A-37 H was drilled in production license 120, 140 kilometers west of Florø and four kilometers east of the Visund A platform…
Canada-based oil and gas company Valeura Energy has signed an agreement with Shelf Drilling to chart the Shelf Drilling Enterprise jack-up rig for a three-year term through the end of 2029.The rig, owned by Shelf Drilling (Southeast Asia), a subsidiary of ADES Holding Company…
Vaalco Energy has achieved strong initial results from a development well offshore Gabon and remains on track to restart production at its Baobab field in Côte d’Ivoire in the second quarter of 2026.The company said the Etame 14H well has been drilled…
Offshore drilling contractor Odfjell Drilling has reported an equipment handling incident on its Deepsea Atlantic rig, which caused a blowout preventer (BOP) to drop to the seabed and prompted a suspension of operations.The incident occurred on April 18 while running the BOP…
Offshore drilling contractor ADES Holding has secured multi-year contracts for three premium jack-up rigs offshore Nigeria and a separate one-year extension for another rig, strengthening its presence in West Africa.The drilling services provider…
Offshore drilling contractor Transocean has secured a five-well contract for its Deepwater Asgard drillship in the Eastern Mediterranean Sea.The estimated 390-day campaign with an undisclosed operator is expected to start in the fourth quarter…
The Metropolitan CCS joint venture, which includes INPEX and Kanto Natural Gas Development, has received approval to conduct offshore drilling for carbon capture and storage (CCS) off Japan’s Chiba Prefecture.The Metropolitan CCS joint venture…
Offshore drilling contractor Stena Drilling has secured a contract by Energean for an exploratory drilling campaign offshore Greece.This campaign, which is expected to start in early 2027, is for one firm well offshore Greece, in Block 2 located at the Northwestern Ionian Sea…
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