Saudi Arabian oil and gas drilling contractor ADES Holding has secured two offshore drilling contracts in Nigeria and the U.K. North Sea, worth $229 million combined, strengthening its backlog and jack-up fleet utilization.The larger of the…
OMV Petrom and Romania's Romgaz have completed the installation of the offshore production platform for the Neptun Deep natural gas project in the Black Sea, marking a major milestone as the development remains on track to start production in 2027…
Shell has begun tendering for drilling services for its Dragon offshore gas project in eastern Venezuela, part of a plan to drill four wells there beginning in the second quarter of 2027, according to two people familiar with the process.The…
Oilfield services firm Halliburton has been awarded integrated drilling and completions contracts for the GranMorgu deepwater development offshore Suriname, operated by TotalEnergies.The long-term agreement covers drilling and completions services for the project…
Malaysia-based offshore drilling contractor Velesto Energy has terminated the sale of its jack-up drilling rig NAGA 3 to Indonesia's PT Indonesia Drilling Energy after the transaction failed to complete within the agreed timeframe.The company said its subsidiary…
Noble Corporation has secured a contract with unnamed client for its Noble Viking drillship, which will be engaged in drilling operations offshore Brunei.The contract comprises a firm scope of six wells, with an estimated contract value of approximately $136…
The Norwegian Offshore Directorate (NOD) has granted drilling permits to Vår Energi for two wildcat wells in North Sea offshore Norway.The first permit is for wellbore 35/6-7 S in production license 929, operated by Vår Energi with 40% stake…
Saudi Arabian drilling contractor Arabian Drilling has received approval to resume operations for three offshore drilling rigs that had been temporarily suspended earlier this year, with the units expected to return to work within weeks.The suspensions…
The head of the International Energy Agency has urged the EU to reexamine its opposition to new oil and gas exploration in the Arctic, as Europe seeks to secure its future energy supplies.The European Union currently supports a ban on new drilling…
The Norwegian Offshore Directorate (NOD) has granted drilling permits to Vår Energi for two wildcat wells offshore Norway.The first permit is for wellbore 6407/5-3 S in production license 1002, in the Norwegian Sea.Vår Energi operates the license with 42…
Premium jackup dayrates have improved from 2025 lows and are now holding within a higher range, but pricing remains uneven across fixtures and geographies. That is important, but dayrates are only the starting point. On their own, they say very…
Eni Muara Bakau, a subsidiary of Eni-Petronas joint venture Searah, has extended a drilling job for Ventura Offshore’s SSV Catarina semi-submersible rig, operating offshore Indonesia.Eni Muara Bakau has exercised an option for a fourth well and a tophole in Indonesia for the the SSV Catarina…
Dolphin Drilling has secured a further extension for its deepwater-capable semi-submersible rig Blackford Dolphin with Oil India, keeping the rig on contract until at least August 28, 2026.The extension will allow completion of drilling, testing…
Norway's Equinor has awarded contracts worth around $610 million (NOK 6 billion) on behalf of partners for four subsea projects on the Norwegian continental shelf, as part of a drive to accelerate developments and reduce costs.The awards cover the TWIN…
Kosmos Energy has brought online a new well at the Jubilee field offshore Ghana, which is now delivering at strong initial rates and helping lift field production as the company advances its 2026 drilling campaign.The J76 well, the third well of the 2026 campaign…
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