Suriname's state-owned oil company is planning a bond sale next year to finance offshore oil exploration, its chief executive said on Thursday, as it seeks to capitalize on growing hype over neighboring Guyana's looming oil boom.The company…
Offshore drilling contractors Seadrill and Gulf Drilling International (GDI) have entered into a 50/50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar Petroleum commencing throughout 2020…
Aberdeen-based decommissioning company Well-Safe Solutions said it has awarded two multimillion-dollar contracts to continue the transformation of the semi-submersible drilling rig Well-Safe Guardian into a bespoke plug and abandonment unit…
A group of projects worth more than £1.3 million ($1.6 million) aims to develop new innovative technologies for use in offshore drilling operations.With the help of £640,000 ($772,000) in co-funding from the Oil & Gas Innovation Center (OGIC)…
Offshore drilling contractor Pacific Drilling has been awarded a one-well extension for its drillship working for French oil major Total in Offshore Mauritania.Pacific Santa Ana is expected to run from this month to September, said offshore ultra-deepwater drilling company…
Australia-based Woodside Energy has awarded Halliburton nine conditional contracts for drilling and completion services for Senegal's first deepwater offshore oil development, the oilfield services company announced on Monday.The SNE Field Development Phase 1 drilling campaign…
Norway’s government will earn around NOK 265 billion ($30 billion) taxing and taking up stakes in its oil and gas fields in 2019, and Norwegian production is on the rise. In contrast, Britain in 2019 will earn about GBP 1.1 billion ($1.34 billion)…
A Chinese survey ship returned to Vietnam's exclusive economic zone off its coast on Tuesday, ship tracking data showed, less than a week after it left the area where vessels from the two countries were locked in a month-long standoff.The Haiyang…
Tullow Oil PLC said on Monday it has made a large oil discovery in Guyana, sending its share price soaring on expectations that it will develop a productive field in the South American country's nascent oil industry.Shares London-based Tullow…
Wintershall Dea said the drilling of four production wells has begun on the Dvalin gas field in the Norwegian Sea ahead of first production planned in 2020.Drilling from the Transocean Arctic rig is expected to last approximately one year and…
Tullow Oil has made a major oil discovery in the deepwater Orinduik block offshore Guyana, raising expectations that the London-based independent will move to develop a field in the closely watched, oil-rich South American country.The discovery…
Even with the best seismic data and reservoir modeling available, drillers have remained in the dark about what’s in front of the drill bit. A new sensing tool has been designed to “see” ahead of the bit and can transmit data in real time to shift drilling operations from reactive to proactive…
Talos Energy, the oil and gas company focused on offshore exploration and production, participated in five drilling projects in the second quarter with a capital program front-loaded in the first half of 2019.Talos Energy also said that it…
Irish based oil and gas company Providence Resources informs it has received permission from Irish authorities to perform a site survey later this month at its operated Barryroe field within the within SEL 1/11 license offshore Ireland.SEL 1/11…
Remote communication and IT solutions provider Speedcast said it has been awarded a new multi-year contract from offshore drilling contractor Seadrill to provide communications on the West Bollsta semi-submersible rig, off the coast of Norway…
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