Offshore drilling firm Noble Corporation will sell four jack-up drilling rigs to drilling company ADES for $292 million. Noble Corp, which recently acquired Pacific Drilling, expects to generate around $285 million in cash from the ADES transaction net of fees…
UK-based oil and gas company Spirit Energy has said it has discovered more gas at its Grove field in the UK North Sea, close to the UK–Netherlands median line.The Grove North East development well (49/10a-G7) encountered carboniferous reservoir units at the target depth…
UK-based oil company IOG, focused on developing its Southern North Sea gas fields, has renamed its Core Project and the associated Thames infrastructure.IOG, which changed its own name from Independent Oil & Gas to IOG in April, has said that the Core Project would now be named Saturn Banks Project…
Chinese national offshore oil and gas company CNOOC has started production from its Bozhong 26-3 oil field expansion project in the south of Bohai Sea, The field is located in an area with an average water depth of around 21 meters. 'In addition to fully utilizing the existing processing facilities…
Brazilian oil company Enauta said Thursday it has signed a Memorandum of Understanding (MoU) with Malaysia's FPSO specialist Yinson for direct and exclusive negotiation of FPSO supply contracts for the 'Definitive System' of the Atlanta field in the Santos Basin…
The Norwegian offshore oil and gas safety body Petroleum Safety Authority Norway has identified breaches of regulations aboard Dolphin Drilling's Borgland Dolphin drilling rig and has issued the rig owner with a notification of order.The PSA…
Deepwater drilling contractor Transocean has secured a $252 million firm contract at the Shenandoah field in the U.S. Gulf of Mexico for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million…
Denmark and Costa Rica are trying to forge an alliance of countries willing to fix a date to phase out oil and gas production and to stop giving permits for new exploration, government ministers said and documents showed.Burning fossil fuels…
Indonesia's navy is preparing to charge the captain of a ship accused of loading oil illegally in Cambodia and anchoring in Indonesian waters without permission, according to local authorities and the vessel owner.Bahamas-flagged tanker MT Strovolos…
Belgian offshore installation contractor DEME Offshore is set to upgrade the crane capacity on its DP2 jack-up installation vessel ‘Sea Installer’ from 900 tonnes to 1,600 tonnes. The crane, to be built by the Dutch crane manufacturer Huisman…
A deadly weekend fire at an offshore platform in the southern Gulf of Mexico operated by Mexican state oil firm Petroleos Mexicanos (Pemex) could have been caused by a gas leak, Pemex's chief executive said on Wednesday.Five workers were killed…
U.S. firm Trendsetter Vulcan Offshore (TVO) has signed a memorandum of understanding (MOU) with Deep Reach Technology (DRT) to work on the development of what TVO said would be 'novel support structures for large offshore wind turbines.''TVO…
Oil and gas firm BW Energy has made an oil find in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block, offshore Gabon, but the size estimate will have to wait until the drilling has been completed.The well is located approximately…
U.S. oil and gas company Talos Energy, focused on oil and gas assets in the Gulf of Mexico, said Wednesday it was, with its partner Carbonvert, the sole winning bidder for the Texas General Land Office's ('GLO') Jefferson County, Texas carbon storage site located near Beaumont and Port Arthur…
Stavanger-based company Techouse has secured a contract with the Norwegian oil firm Aker BP to perform the front-end engineering and design extension study for the Sulfate Removal Unit (SRU) for the Valhall IP platform in the Norwegian part of the North Sea…
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