Offshore drilling contractor Noble Corporation has secured contract extension for its Noble Valiant drillship in the U.S. Gulf of Mexico.LLOG Deepwater Development Company and LLOG Exploration Offshore have exercised an option to extend the…
The U.S. on Friday proposed a fee on emissions of methane from big oil and gas producers as required under the 2022 climate law and as a backstop to wider regulations on the greenhouse gas from energy operations.The fee, proposed by the Environmental Protection Agency…
Norwegian company ABL and Aberdeen-based health and safety consultancy Integrity HSE have formed strategic partnership to reinforce their rig inspection services.ABL’s rig inspection service offering will be enhanced with Integrity HSE’s tailored…
Akkrake Petroleum, a fully-owned subsidiary of Rex International-Monarch Marine Holding joint venture Porto Novo Resources, has signed a production sharing contract for operatorship and working interest in an oil field offshore Benin, West Africa…
Australia's Santos can proceed with construction of an undersea pipeline vital to its $4.3 billion Barossa gas project after a court on Monday ruled in favor of the oil and gas firm in a dispute with an Indigenous man looking to pause the work…
Oil and gas company Harbour Energy has started drilling the Gayo-1 exploration well in the Andaman II block, offshore Indonesia.Drilling started on December 31, 2023, using West Capella ultra-deepwater drillship.According to SKK Migas, Indonesia’s government regulator…
Portuguese oil and gas company Galp has reported preliminary signs of hydrocarbon presence in an exploration well being drilled offshore Namibia.Galp (operator, 80%) and its partners NAMCOR and Custos (10% each) initiated the drilling campaign in PEL 83…
Offshore drilling contractor Noble Corporation has been awarded a contract with Wintershall Noordzee for its harsh environment jack-up rig Noble Resilient.The work scope will cover plug and abandon of two wells in the Danish North Sea, Noble Corporation said…
Offshore drilling contractor Noble Corporation and Malaysian oil company Petronas, through its subsidiary Petronas Suriname E&P, have agreed to rig swap for extended scope offshore Suriname.Based on an existing contract option, Noble and Petronas…
U.S. crude production will rise to record highs in 2024 and 2025, but will grow less than it did last year, the U.S. Energy Information Administration (EIA) said on Tuesday.In its Short-Term Energy Outlook (STEO), EIA projected U.S. crude production will rise by 290…
Oilfield services company Danos has secured a contract with BP to renew its comprehensive drilling logistical services for its Gulf of Mexico assets.Danos will oversee the coordination of materials and personnel to and from multiple BP locations…
Offshore drilling contractor Dolphin Drilling has signed a letter of intent for a 500-day drilling campaign with an undisclosed operator in the UK.The 500-day drilling campaign will employ semi-submersible rig Borgland Dolphin.The drilling campaign…
Industry continues chasing big oil, key gas targets also on the radarGlobal exploration drilling is set for a boost in 2024 – we have line of sight on over 200 wells targeting over 30 bnboe of resource (unrisked). Several gas hotspots are on the industry agenda…
CNOOC has announced that the Lufeng Oilfields Phase II Development Project has commenced production.The project is located in the eastern South China Sea, with an average water depth of approximately 136 meters. It consists of the Lufeng 8-1 Oilfield…
UK oil and gas company Baron Oil has signed a memorandum of understanding (MoU) with Timor Gap for the farm-up of 15% working interest in the Chuditch production sharing contract offshore Timor-Leste.Baron's wholly-owned subsidiary SundaGas Banda Unipessoal entered the MoU with Timor Gap…
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