Engineering consultancy Crondall Energy said it has been awarded a contract by Pharis Energy to deliver a concept select study for the operator’s heavy oil Pilot field development in the Central North Sea.According to a statement issued today by Crondall Energy…
Singapore-based offshore services provider Kim Heng Offshore & Marine (KHOM) has ventured into renewable energy services by securing a new horizontal directional drilling (HDD) contract.The integrated offshore and marine value chain services…
The U.S. House of Representatives on Wednesday passed a bill to ban offshore oil and gas drilling off Florida, the first of three measures it is considering, which would also ban drilling off the Pacific coast and in Alaska's Arctic National Wildlife Reserve…
Norwegian oil and gas firm Equinor Energy AS, operator of production licences 796 and 796 B, has has drilled a duster 8 kms northeast of the Mikkel field in the Norwegian Sea and 183 kms north of Kristiansund.The primary exploration target for…
UK independent Hurricane Energy announced it has struck oil in its Lincoln Crestal well West of Shetland.Responding to speculation around flaring from the Transocean Leader drilling rig, the company issued a statement confirming that a drill…
The Mexican government has said in its 2020 budget proposal that it will maintain a strategy of hedging its oil output against lower prices.Mexico’s state oil company Pemex will also continue a similar but separate hedging program. Mexico’s…
Malaysia-based Velesto Drilling, indirect wholly- owned unit of Velesto Energy Bhd’s (VEB), has received a letter of award from Petronas Carigali Sdn Bhd (PCSB) for the provision of jack-up drilling rig Naga 7.In a filing with Bursa Malaysia…
The international offshore drilling contractor Seadrill Partners LLC announced that it has been notified by the New York Stock Exchange that trading in SeaDrill's common units on the exchange has been suspended and the procedure to delist the units has been initiated…
Dolphin Drilling will establish its international headquarters in Aberdeen, showing its commitment to the North Sea at a time of increasing optimism for the drilling industry, the offshore drilling contractor announced on Friday.The company…
U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row after drilling slowed for nine straight months as independent producers cut spending by about 10% this year.Drillers cut four oil rigs in the week to Sept…
Cooper Energy announced on Friday that it has found new gas in the Annie-1 exploration well in the Otway Basin offshore Victoria, marking the first new offshore discovery in the basin in 11 years.Annie-1, located in VIC/P44 approximately 9 kilometers offshore Victoria in a water depth of 58 meters…
Sonadrill, a 50:50 joint venture between Seadrill and an affiliate of Sonangol, has secured a nine well contract with six options, each for one well, in Angola for the Libongos drillship, Seadrill announced. The estimated total contract value…
North Sea focused oil firm EnQuest is chipping away at its debt pile, which was at around $1.6 billion at the end of June, it said on Thursday, reiterating its output guidance of between 63,000 and 70,000 barrels per day this year.EnQuest's net debt stood at around $1…
Northern Offshore, a global offshore drilling company which operates an offshore unit and a production vessel in the North Sea, has been awarded a contract in the Middle East for its jackup rig Energy Emerger.Northern Offshore Drilling Operations…
Specialist drilling waste management company TWMA reports it has secured new contracts valued at £20 million ($24.3 million) in the North Sea in the first eight months of 2019.The contracts, with major North Sea operators, are for TWMA to provide…
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