The market for offshore support vessels has experienced tremendous development in the last couple of years. And while we expect the market to continue its positive journey, we would argue that, at least on an overall basis, the market has already recovered to healthy levels at the time of writing…
China’s state-run China National Offshore Oil Corporation (CNOOC) has started production at its Enping 21-4 oilfield development project, located in eastern South China Sea.The field, located at a site with an average water depth of approximately 89 meters…
Norwegian oil and gas company Aker BP has made a gas discovery in an exploration well at Ferdinand Nord prospect in the Barents Sea, drilled with Saipem’s Scarabeo 8 semi-submersible rig.The exploration well 7324/6-2 is the first well in production license 1170…
Masirah Oil, a majority-owned subsidiary of Rex International, has completed the multi-well campaign at Yumna field offshore Oman.Masirah Oil said the multi-well program at the field in Block 50 concession has been completed ahead of the 90-day schedule and below budget…
Esgian provides an update on Noble and Diamond Offshore’s announcement of merger plans in its Week 24 Rig Analytics Market Roundup.Report SummaryContractsADES has completed the signing of a drilling contract for a jackup with Suez Oil Company (SUCO) in Egypt…
Norway-based oil and gas company BlueNord has started drilling operations at the Harald East Middle Jurassic well (HEMJ), which could start delivering gas by the end of 2024, set to be exported through the Tyra East facilities.The HEMJ was spudded in the Harald East area…
Equinor has drilled a dry wildcat well in the Snøras prospect, located in the Barents Sea, offshore Norway.The well, 7220/2-2, drilled by the Transocean Enabler rig, is located in production license 1080, which was awarded in the Awards in Predefined Area (APA) in 2020…
Oslo-listed offshore drilling firm Dolphin Drilling has made a strategic decision to sell and recycle the semi-submersible drilling rig Dolphin Leader, recently acquired from Transocean.The decision aligns with Dolphin Drilling's ongoing efforts…
Global consultancy ABL Group has completed the transaction to acquire 100% of the shares of specialist energy consultancy Ross Offshore, which now will merge with ABL Group company AGR.The combination of AGR and Ross Offshore will further strengthen…
Offshore drilling contractor Vantage Drilling is exploring a possible listing of its shares on Euronext Growth Oslo, a multilateral trading facility operated by Euronext.According to Dubai-based company, the listing may facilitate increased…
The head of Brazil's environmental agency said on Wednesday that he expects a decision soon on state-owned oil company Petrobras' request to conduct exploratory studies in a region known as the Equatorial Margin, as both the company and the government push for a drilling license…
The Toppand East well in the North Sea offshore Norway, drilled by Wellesley, Equinor and Petoro, has been proven dry.The well, 35/11-29S, located in production licence 248 C, has been permanently plugged and abandoned after it proved be dry…
UK oil and gas company Perenco has brought online the Tchendo 2 mobile offshore production unit (MOPU), bringing energy independence to Likouala, Emeraude and PNGF fields offshore Congo.Tchendo 2 is a former drilling rig successfully converted into a MOPU by Dixstone…
Oilfield services company Diamond Offshore Drilling this month said it would permanently shut its West Vela rig, which had operated in the U.S. Gulf of Mexico, resulting in 190 job losses, according to a regulatory filing.The job cuts will be effective Aug…
Canada-based oil and gas company Valeura Energy has completed the acquisition of the floating storage and offloading (FSO) vessel Aurora, which is already on location at its Nong Yao field, in the Gulf of Thailand.The acquisition was the result…
Subscribe
