Energy services company Weatherford has been awarded a managed pressure drilling (MPD) contract by Ventura Offshore for operations aboard the SSV Victoria semi-submersible drilling rig offshore Brazil.The contract covers operations in Petrobras’…
Norway’s Ministry of Energy has approved the plans for development and operation (PDO) for the Previously Produced Fields (PPF) project in the Greater Ekofisk Area, paving the way for the redevelopment of three previously producing offshore fields…
Amplitude Energy, formerly Cooper Energy, has received production license VIC/L37 for the Annie offshore gas field in Australia’s Otway Basin, with first gas targeted in 2028.The Annie field was discovered in 2019 and is expected to supply gas to Australia’s east coast domestic market…
Italy’s Eni and UK’s BP have made a new natural gas discovery in the Nile Delta region, expected to produce around 50 million cubic feet of gas per day, by drilling an offshore well using advanced directional drilling technologies from onshore…
Italy’s Eni has announced its Geliga-1 gas discovery offshore Indonesia delivered strong test results, supporting plans for accelerated development in the Kutei Basin.The company said a drill stem test at the Geliga-1 well flowed at rates of up to 60 million standard cubic feet per day of gas…
Perenco has completed a five-well drilling campaign at Tchibouela East field offshore the Republic of Congo, resulting in an additional 6,000 barrels of oil per day of production.The campaign, which concluded at the end of 2025, included horizontal…
Chevron said on Tuesday it would search for oil and gas south of Malta, which lies between producing Mediterranean nations Libya, Italy and Tunisia but has not got any production itself yet.Exploration studies will be based on existing data rather than newly drilled wells…
ADNOC Drilling has completed its acquisition of an 80% stake in MB Petroleum Services (MBPS), forming a joint venture that expands its presence across Gulf markets and increases its total fleet to 170 rigs.The transaction, completed ahead of schedule…
Vår Energi has exercised a second option for the COSL Drilling Europe's COSLPioneer semi-submersible drilling rig.The extension builds on existing operations and reflects continued cooperation between the companies.The COSLPioneer is a semi…
Shell and INEOS Energy have agreed to jointly invest in new oil and gas exploration and development opportunities near the Appomattox platform in the Gulf of America.INEOS will acquire a 21% working interest for an undisclosed amount, aligning with its existing stakes in Appomattox…
BP plans to complete its three-well appraisal plan for the Bumerangue project in Brazil's offshore Santos basin by the end of next year's first semester, the firm's senior vice president for upstream in Brazil said on Monday.The company will…
Equinor is extending key supplier agreements with a combined value of around NOK 17 billion ($1.8 billion). Baker Hughes Norge, Halliburton and SLB Norge have been awarded the contracts for integrated drilling and well services to help maintain production from the Norwegian continental shelf…
The changing global bottom-fixed offshore wind turbine and foundation installation marketThe last two or three years have seen a change in the underlying stakeholder support for the energy transition, resulting in the energy trilemma being focused…
Talking about untapped value in offshore energy typically brings exploration, new wells and new developments to mind. But in today’s mature basins, the greatest source of opportunity is often neither new nor undiscovered.Many offshore regions…
Dutch grid operator TenneT is preparing to begin horizontal directional drilling at Maasvlakte as part of efforts to connect three offshore wind farms to the onshore grid.Steel casing pipes have been installed at three beach work sites, allowing drilling beneath the beach and seabed to begin…
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