U.S. oil major ExxonMobil has made another oil discovery off Guyana, at the Tanager-1 well, however, the discovery is reported as non-commercial.Unlike Exxon's previous Guyana wells which were drilled in the Stabroek offshore block, and which unearthed more than 8 billion barrels of oil…
Lundin Energy has failed to find hydrocarbons at its Polmak exploration well in the Barents Sea, offshore Norway. The Sweden-based firm said Monday it had completed exploration well 7221/4-1, targeting the Polmak prospect in licenses PL609 and PL1027…
Less than a week after it was announced that Shell would hire the Maersk Viking drillship for one well off Brunei, the oil company has now decided to exercise the extension option to add one more exploration well to the work scope.The contract extension has an estimated duration of 35 days…
Oil and gas environmental management and compliance services company Tems International has said it has won 'a major contract' for work in offshore Trinidad and Tobago.Aberdeen-based Tems said this week that the contract had started in September…
Norwegian oil and company Aker BP has made a minor oil and gas discovery in the Norwegian Sea.According to the Norwegian Petroleum Directorate, Aker BP ASA, as the operator of the production licence 127 C, has concluded the drilling of wildcat well 6607/12-4 and appraisal well 6607/12-4 A…
Corvus Energy, energy storage solutions provider for the offshore energy industry has been selected by National Oilwell Varco (NOV) to supply the Energy Storage System (ESS) to be used on an offshore drilling rig.Corvus will deliver its ESS…
Danish offshore drilling firm Maersk Drilling has secured a drilling contract for its Maersk Viking drillship with Shell in Brunei.Brunei Shell Petroleum Company will use the 227 meters long 7th generation drilling rig to drill one deepwater exploration well offshore Brunei Darussalam…
Offshore accommodation specialist Prosafe has won a contract extension with Brazil's Petrobras for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. The original three years and 222-day firm period were due to complete in July 2020…
Offshore drilling contractor Noble Corporation has secured a contract extension for the Noble Mick O'Brien jack-up rig in Qatar.The Noble Mick O'Brien jack-up had had a contract with Qatar Gas running until mid-November 2020.Qatar Gas has now extended the contract…
Indonesian oil and gas company PT Pertamina Hulu Mahakam has awarded a 1.5-year contract to Japan Drilling Co. (JDC) for the use of the jack-up drilling rig 'HAKURYU-14'.PT Pertamina Hulu Mahakam will use the rig on the Mahakam Block, offshore IndonesiaApart from the firm 1…
Turkey began drilling at a second borehole in a Black Sea natural gas field where it made its largest-ever discovery earlier this year, Energy Minister Fatih Donmez said on Thursday.In one of the world’s biggest finds this year, Turkey said…
Oil and gas company Petrogas E&P Netherlands has hired Maersk Drilling's jack-up rig Maersk Resilient to drill three wells in the Dutch sector of the North Sea. The 110-day contract for the harsh-environment drilling unit is expected to start…
Offshore drilling contractor Transocean on Tuesday posted a $359 million net profit for the third quarter of 2020.Transocean said the result included net favorable items of $428 million, including a $449 million gain on restructuring and retirement of debt…
UK-based oil firm Independent Oil and Gas has awarded the rig contract for its Core Project Phase 1 in the North Sea to Noble Corporation.The Core Project comprises gas resources across six discovered UK Southern North Sea ('SNS') gas fields…
UK-based offshore decommissioning specialist Well-Safe Solutions has secured a £26 million (around $33,6 million) investment to fund the next phase of its growth plan, the company said Monday.Well-Safe, which recently bought Seadrill's 1993…
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