Noble Corporation has signed definitive agreements to six jack-up rigs - five to Borr Drilling and one to Ocean Oilfield Drilling - in transactions valued at a combined $424 million.Noble said the move is aligned with the company’s strategy to become a pure-play deepwater and ultra-harsh environment jack-up operator.Five of the rigs will be sold to Borr Drilling for $360 million, a deal comprising $210 million in cash and $150 million in seller notes…
Shell has booked Northern Ocean’s Deepsea Mira semi-submersible rig for a drilling campaign offshore Namibia.The Odfjell Drilling-managed rig has been scheduled to start operations in Namibia in April 2026.The contract covers one firm well and includes one optional well…
Shell is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners QatarEnergy and Namibia's national oil company Namcor.Shell's Namibia country chair Eduardo Rodriguez said…
Global energy technology company SLB have signed a strategic collaboration agreement with Shell to develop digital and AI solutions that drive measurable performance and efficiency gains across upstream operations for the company and the wider industry…
Ocean services provider DeepOcean has secured an extension to its existing frame agreement with Equinor for the provision of subsea inspection, maintenance, and repair (IMR) services.As a part of the renewal, DeepOcean will deploy specialized IMR vessels…
Shell is seeking a buyer for a 20% stake in its Brazilian oilfield cluster to help fund a multibillion-dollar offshore development, Bloomberg News reported on Tuesday, citing sources.Shell declined to comment on the report, when contacted by Reuters…
South Africa's legacy national oil company, PetroSA, has approved a deal to give Shell Offshore a 60% stake in its Block 2C, off the country's west coast, a document seen by Reuters showed on Monday.If successfully concluded, the agreement will strengthen oil major Shell's SHEL…
Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion.According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil reached 13.8 Million barrels per day (Mb/d) in September 2025…
Great British Energy, a state-owned energy company, unveiled a five-year strategic plan on Thursday aimed at accelerating the country’s transition to renewable power to help meet its climate targets.Britain is seeking to largely decarbonize its power sector by 2030…
As Offshore Technical Compliance (OTC) continues to expand their footprint in the digital pressure testing field of the Oil and Gas industry, their new and improved GreenLight has achieved a major milestone and sets a new standard for digital pressure testing of well control systems…
Floatel International has selected Semco Maritime’s Hanøytangen facility outside Bergen in Norway, to perform a series of modifications and service works on the Floatel Endurance rig ahead of an upcoming contract on the Norwegian Continental Shelf…
Shell U.K. Limited, a subsidiary of Shell and Equinor UK Limited, a subsidiary of Equinor, completed a deal to combine their UK offshore oil and gas operations to form a new company, described as the largest independent producer in the UK North Sea…
DNV Inspection has appointed two new specialists to support its expanding offshore wind and low-carbon energy business as global demand rises for assurance and inspection services across renewables, the company said on Thursday.Iván Jaramillo…
Shell is ready to invest more in Italy to boost hydrocarbon production, the head of the energy group's Italian unit said on Wednesday, urging the government to allow new drilling.Shell currently spends some 500 million euros ($578 million) a year in Italy…
Decommissioning activity on the UK Continental Shelf (UKCS) continues to grow as operators expand campaign-based approaches and rely on advanced planning and supply chain collaboration to manage rising costs and workloads, according to the latest report from Offshore Energies UK (OEUK)…
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