Panoro Energy reported drilling results in the Hibiscus Updip well (DHIBM-1), located on Dussafu Marin Permit, offshore Gabon, “have significantly exceeded expectations” the company's CEO John Hamilton said.Panoro and operator BW Energy estimate…
Tensions between Cyprus and Turkey over offshore drilling intensified on Friday, with Nicosia accusing Turkey of a 'severe escalation' of violations of its sovereign rights.Turkey announced on Thursday that it had sent an oil-and-gas drilling…
Dolphin Drilling sad it has secured a contract with AS Norske Shell in Norway for its Borgland Dolphin semi-submersible drilling rig to support the drilling and completion of a gas producer well on the Knarr field starting in early 2020.The…
Transocean has deployed the world’s first hybrid energy storage system aboard a floating drilling unit. The system is now operational on the Transocean Spitsbergen, engaged in drilling operations at the Snorre field in Norway, the drilling contractor said on Wednesday…
Partners in the UK North Sea Isabella prospect will begin drilling a first trial well in October, one of the project stakeholders Ithaca announced on Wednesday.Drilling of the Isabella-1 well (30/11a-7) is expected to continue for six months…
Norway's $1.1 trillion sovereign fund will divest companies solely dedicated to oil and gas exploration and production in a bid to shield itself from a long-term fall in oil prices, the finance ministry said late on Tuesday.The move will partly…
Russian integrated energy company Rosneft said it has completed drilling the first prospecting and appraisal well at the Vostochno-Pribrezhny license block on the shelf of Sakhalin Island, offshore Russia.The well was drilled on-schedule by…
PTTEP, a national petroleum exploration and production company in Thailand, selected Halliburton Landmark for joint development of new well design workflow to automate drilling and completion engineering processes across the well lifecycle, the US-based oilfield services company announced…
Offshore drilling contractor Valaris on Tuesday announced a group of new global contracts and contract extensions, with associated revenue backlog of approximately $245 million. The latest batch of contracts, which includes work in several continents…
Neptune Energy and its joint venture partners BP and JAPEX today announced Valaris has been awarded a contract to provide a heavy-duty jack-up drilling rig for the Seagull development oil project in the UK North Sea.Valaris will provide the…
Even after more than 50 years, the Norwegian shelf still holds vast opportunities, says Norwegian Petroleum Directorate (NPD).According to NPD's 2019 resource report on fields and discoveries, more than half of the estimated remaining resources on the Norwegian shelf have already been discovered…
Abu Dhabi National Oil Company (ADNOC) subsidiary ADNOC Drilling has completed its first offshore integrated drilling services (IDS) well in Abu Dhabi’s Umm Lulu offshore oilfield.ADNOC said this first offshore IDS well, delivered to another one of its subsidiaries…
One of Turkey's two drill ships in the eastern Mediterranean has completed operations in Karpaz, off the northeastern coast of Cyprus, Turkish Energy Minister Fatih Donmez said on Friday.EU member Cyprus and Turkey have argued for years regarding…
After a disappointing well-drilling venture offshore Namibia in the fourth quarter of 2018, Guernsey-registered hydrocarbons exploration and production company Chariot Oil & Gas has no immediate plans for additional exploration wells in this driest country in Sub-Saharan Africa…
Archer said it has secured a contract with a North Sea operator for the provision of drilling services using the modular drilling rig Archer Topaz.The firm contract commitment is for permanent plugging and abandonment of two wells and recovery of conductors…
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