TotalEnergies and the Lebanese government have reached a deal handing the French oil major temporary majority control of an offshore exploration block and paving the way for negotiations with Qatar over a stake in the gas project, two sources said…
Solstad Offshore, a Norwegian company that owns and operates offshore support vessels, has won a contract for the subsea construction vessel Normand Baltic and a contract extension for the subsea construction vessel Normand Navigator.The contracts…
Abu Dhabi National Oil Company (ADNOC) said Thursday it had set a new world record for the longest oil and gas well, at its Upper Zakum offshore concession.'Stretching 50,000 feet [15240 meters], the well is around 800 feet [243.84 meters] longer…
Italy's Saipem improved its guidance for the full year after third-quarter adjusted core earnings and revenue beat analysts' expectations. The energy contractor reported on Thursday an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of 215 million euros ($216…
Norway-based Wind Catching Systems, a company behind the design of a multi-turbine floating wind platform, said Monday it had received a technology development grant of NOK 22 million (USD 2.1 million) from the Norwegian government agency Enova…
Offshore drilling firm Seadrill said Tuesday it had completed the previously proposed sale of seven jack-up drilling rigs to ADES in Saudi Arabia.The two companies announced the initial sale and purchase agreement on September 1. With the sale now completed…
The Biden administration on Thursday said it would hold a Gulf of Mexico drilling auction in March of next year to satisfy a requirement in the government's new climate change law.The Bureau of Ocean Energy Management (BOEM) will offer all of…
The Norwegian energy giant Equinor said Monday it would issue a complementary assessment for the Wisting oil field development in the Barents Sea for public consultation.'The complementary assessment elaborates some key subjects from the impact assessment…
The Norwegian offshore vessel owner DOF said Wednesday it had won contracts and contract extensions for several of its vessels in Brazil, West Africa, and the North Sea region. The estimated firm backlog for these contracts is approximately NOK 260 million (~$25…
Edison Chouest Offshore (ECO) affiliate C-Innovation, (C-I) on Wednesday announced it has signed a multi-year contract with a major operator in the Gulf of Mexico, securing the C-Constructor to support the New Well Delivery Program and the Holiday for inspection…
The Norwegian offshore seismic survey services company PGS has been awarded a 3D exploration acquisition contract.PGS said that the contract was in Namibia, with 'a major energy company.'The company said it would use the Ramform Titan vessel for the survey…
Singapore's Sembcorp Marine has signed Master Service Agreements with New Fortress Energy Inc. for the engineering and conversion of two Sevan cylindrical drilling vessels into Floating LNG ('FLNG') liquefaction facilities, including the fabrication and integration of LNG topside modules…
Offshore drilling company Borr Drilling has entered into an agreement to sell the jack-up drilling rig 'Gyme' for a price of $120 million to an unrelated third party.The 'Gyme' is a 2018 PPL Pacific Class 400 located in Singapore. The rig has not been activated or contracted since its delivery…
Top oilfield services provider Schlumberger Ltd reported a 64.9% jump in third-quarter profit on Friday that topped Wall Street expectations as a surge in oil and gas prices led to more drilling activity. Oil and gas producers are looking to…
Abu Dhabi National Oil Company awarded a contract worth $980 million to ADNOC Drilling to hire two jack-up offshore rigs, the company said on Thursday. The award will support the expansion of ADNOC's production capacity as it responds to the…
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