Global consultancy ABL Group has entered into an agreement to acquire 100% of the shares of specialist energy consultancy Ross Offshore from Moreld Group.Following completion of the transaction, Ross Offshore will merge with ABL Group company AGR…
Saudi oil and gas drilling contractor ADES Holding has secured a contract from Suez Oil Company (SUCO) for a 21-month jack-up drilling work in the Gulf of Suez, offshore Egypt.The contract, whose firm term is valued at $42.9 million (SAR 161 million)…
Offshore drilling contractor Seadrill on Tuesday announced it has secured new contract awards for two of its drillships.The West Capella secured a one-well contract in South Korea, with an estimated duration of 40 days, valued at approximately $32 million…
Australia's Labor government on Thursday laid out a strategy to boost natural gas development even as it remains committed to net zero carbon emissions by 2050, highlighting demand from key Asian trade partners.Australia is one of the world's largest exporters of liquefied natural gas (LNG)…
German energy giant RWE has set out plans to take the next step in the construction of its Thor Offshore Wind Farm, announcing the start of onshore cable works from mid-April in Denmark.The onshore cabling works for Denmark's largest offshore…
UK-based oil firm Serica Energy has appointed Chris Cox as its new chief executive officer (CEO).The new appointment will take effect on July 1, 2024, with David Latin, chairman of Serica, ceasing his temporary role as Interim CEO at the same time…
Oslo-listed offshore drilling firm Dolphin Drilling has terminated the contract with General Hydrocarbons Limited (GHL) for the Blackford Dolphin semi-submersible drilling rig due to issues with the agreed payments.The Dolphin Drilling’s Blackford…
Oil company LLOG has started drilling the Who Dat East exploration/appraisal well in U.S. Gulf of Mexico, using Noble Corporation’s Noble Valiant drillship.The drilling operations on the Who Dat East well started on April 27, 2024, according to Karoon Energy…
Offshore drilling contractor Shelf Drilling has secured a contract for the Shelf Drilling Fortress jack-up rig with a North Sea operator for operations in the UK Continental Shelf.The company did not disclose the name of the client, revealing…
The Norwegian Offshore Directorate has granted Equinor Energy a drilling permit for two wildcat wells in the North Sea.The approval is for wells 35/10-14 S and 35/10-14 A in production license 1185, valid until February 2029.Equinor is the operator of the license…
A Valaris jack-up drilling rig is using an AI-enabled intelligent detection and tracking solution to provide automated person overboard detection and alerts, marking the first time the cutting-edge technology has been deployed in the offshore oil and gas sector…
Oilfield services firm Archer has secured a two-year contract extension for platform drilling services in the UK with an estimated contract value of $40 million.The extension will start on May 1, 2024 in direct continuation of the current contract…
Esgian reports that new drilling contracts have been announced in the North Sea and West Africa in its Week 17 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling (North Sea) has secured a letter of award with an unnamed operator…
The operational occurrence which has temporarily impacted the commissioning of the Tyra Redevelopment Project (Tyra II) has pushed the planned ramp-up of the facilities to full capacity for one month.An operational occurrence related to the…
Oil and gas company BW Energy has signed a sale and leaseback agreement with a Minsheng Financial Leasing (MSFL) for the MaBoMo production facility on the Dussafu license, offshore Gabon.The agreement will provide $150 million of gross sales…
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