Two Turkish drill ships are continuing operations in the eastern Mediterranean and another ship will join them this month, Energy Minister Fatih Donmez said, as a dispute over natural resources there fuels tensions between Turkey and Cyprus…
The international drilling contractor to the oil and gas industry Borr Drilling has been awarded an additional jackup rig contract by Mexico’s Petróleos Mexicanos (Pemex).Borr currently has two jackup rigs about to commence work with Pemex, who have now contracted a third rig…
PSW Group has been awarded a contract with Transocean for storage and maintenance of blowout preventers (BOP) for Cat-D rigs. The agreement has a duration of five years.The scope of work consist of storage and inspection, maintenance and repair…
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for well 30/12-2 located in the North Sea offshore Norway.Well 30/12-2, to be drilled from the Deepsea Stavanger drilling rig is a wildcat well in production licence 986…
Malaysian oil and gas company Petroliam Nasional Bhd (Petronas) has signed an agreement with Gabon for two exploration permits after the African country enacted a new oil law last month.A Bloomberg report quoted Noel Mboumba, Gabon’s petroleum…
Rystad Energy sees investments both in offshore and onshore exploration drilling doubling in the next five years, compared to the last five years. Conventional onshore demand will be driven by Asia, Africa and South America.Europe on the other hand…
Seadrill Partners, the deep-water drilling contractor for the petroleum industry, has received an early termination notice from an unnamed operator for the West Vencedor rig contract offshore Ivory Coast.The contract was expected to start in 3Q 2019…
U.S. energy firms this week reduced the number of oil rigs operating for a fifth week in a row as most independent producers cut spending even though majors were still pushing ahead with investments in new drilling.Drillers cut six oil rigs in the week to Aug…
The Norwegian Petroleum Directorate (NPD) has granted Aker BP, the oil exploration and development company focusing petroleum resources on the Norwegian Continental Shelf, a drilling permit for well 2/1-17 S located in the North Sea offshore Norway…
Oilfield services company Churchill Drilling Tools revealed that an operator was able to improve its wellhead base jetting operations by deploying the DAV MX CircSub downhole circulation tool.The client, a major North Sea operator, having completed…
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS a wildcat drilling permit for well 25/7-7, to be drilled from the Leiv Eiriksson drilling facility.The area in this license consists of parts of blocks 25/7 and 25/10…
Indian multinational oil and gas company, Oil and Natural Gas Corporation (ONGC) awards driller contracts for pair of units off west coast.Dubai-headquartered offshore driller Shelf Drilling has been awarded contracts for two of its jack-up rigs with ONGC for operations in the Mumbai High…
London-based, independent oil and gas company Tower Resources Plc has sighed with relief after the repayment of its $750,000 short term loan facility was extended to August 31 this year to enable the company finalize arrangements for the drilling…
Oilfield services company Halliburton announced on Wednesday the execution of an integrated services contract with Petrobras for pre-salt development in the Santos Basin offshore Brazil.The two-year and six month contract will provide drilling…
GSP Holding company GSP Offshore SRL is the preferred drilling and engineering services provider of Trident Black Sea, in its bid for the right to negotiate a production sharing agreement (PSA) with the Ukrainian government for the offshore Dolphin block in the northwestern part of the Black Sea…