Malaysian offshore drilling contractor Velesto has confirmed that the $8 million contract with ConocoPhillips for its Naga 7 jack-up rig that sank off Malaysia in May is now officially terminated.Naga 7 sank on May 3, while gearing up to start drilling for ConocoPhillips off Malaysia…
Norwegian oil and gas company Aker BP has received approval from the Norwegian Petroleum Directorate to drill offshore wells 7/11-14 S and A, in the North Sea, off Norway.Aker BP will use Maersk Drilling's Maersk Integrator jack-up drilling…
Swedish oil firm Lundin Energy has completed appraisal wells on the Lille Prinsen discovery, north of the Edvard Grieg field in the North Sea, offshore Norway. The two wells have confirmed a combined updated gross resource range of 12 – 60 million…
Longboat Energy, a recently formed North Sea exploration and production firm, has announced the spudding of the Rødhette exploration well in the Barents Sea, off Norway, by its partner Vår Energi.Longboat, formed by ex-Faroe Petroleum management…
A little over a year ago, Norwegian offshore drilling company Odfjell Drilling announced its entry into the offshore renewables space, through its investment in Oceanwind AS, a company working on developing harsh environment floating offshore wind turbines…
Offshore oil and gas well services company Helix Energy Solutions said Monday it had won a multi-year riser-based well intervention scope of work with an unnamed major operator for the charter of the Helix Q5000 and 15K Intervention Riser System in the US Gulf of Mexico…
INEOS E&P Norge has obtained a drilling permit from the Norwegian Petroleum Directorate for an offshore exploration well in the Norwegian Sea.INEOS will drill the well, formally named 'Well 6306/3-1 S' - the Fat Canyon Prospect - using the Borgland Dolphin semi-submersible drilling rig…
U.S. energy firms [last week] added oil and natural gas rigs for a fifth time in six weeks as offshore oil units in the Gulf of Mexico slowly started to return after Hurricane Ida slammed into the coast.[Last week], four offshore oil rigs returned in Louisiana…
U.S. oil firm ExxonMobil has made another oil discovery offshore Guyana, this time at Pinktail prospect in the prolific Stabroek Block.The Pinktail well, ExxonMobil said, encountered 220 feet (67 meters) of net pay in high-quality hydrocarbon…
Norwegian oil firm Equinor has been granted a for wells 35/10-7 S and A in the North Sea, offshore Norway.The Norwegian Petroleum Directorate, which announced its approval Thursday, said that Equinor would use Seadrill's West Hercules semi-submersible drilling rig to drill the two offshore wells…
U.S. contract oil and gas driller Helmerich & Payne (H&P) will invest $100 million in the initial public offering (IPO) of Abu Dhabi National Oil Company's drilling unit, the companies said in a joint statement.The cornerstone investment by…
UAE-based Gulf Marine Services (GMS), a company providing jack-up service vessels for the offshore oil, gas, and renewables industries, has hired Lloyd's Register for the installation of a new Enterprise Resource Planning (ERP) system.GMS said the system would provide its with a central…
Oil and gas company Chariot has signed a contract with offshore drilling firm Stena Drilling to use its Stena Don drilling rig for the Anchois gas appraisal well within the Lixus licence, offshore Morocco.Drilling operations are expected to…
ADNOC Drilling said on Monday it intended to list on the Abu Dhabi bourse, with its parent company Abu Dhabi National Oil Co (ADNOC) selling a minimum 7.5% stake in an initial public offering (IPO).This is the second public flotation of a company…
Australian oil and gas company Western Gas, the operator of the offshore Exploration Permit WA-519-P in W. Australia, has found a partner to fund part of the drilling costs for the Sasanof-1 offshore exploration well.The partner is the ASX-listed Global Oil and Gas Limited…
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