Brazil's Senate has approved legislation to loosen environmental licensing, despite criticism from climate policy groups and figures inside President Luiz Inacio Lula da Silva's government.The bill, which was approved in the Senate by 54 votes to 13 late on Wednesday…
North Star has officially named its first commissioning service operation vessel (CSOV), the Grampian Kestrel.The vessel was named at a ceremony at VARD’s shipyard in Vard Langsten in Norway on May 6.The Grampian Kestrel is the first of two CSOVs to be delivered this year…
Turkey has discovered a new reserve of 75 billion cubic metres (bcm) of natural gas during drilling works in the Black Sea, President Tayyip Erdogan said on Saturday.'With this discovery, we will meet the natural gas needs of homes in Turkey for 3…
U.K.-based oil firm Serica Energy has completed the repairs on Triton floating production storage and offloading (FPSO) unit, with the production scheduled to resume end of June, after the annual maintenance program.Repairs on the Triton FPSO in the North Sea have been ongoing…
The Trump administration published a long-awaited environmental assessment on Tuesday that found that vessel strikes related to oil and gas drilling in the Gulf of Mexico are likely to jeopardize the existence of the endangered Rice's whale…
ADNOC Drilling, the subsidiary of Abu Dhabi's state oil giant, reported a 24% rise in first-quarter profit on Thursday, driven by strong growth in its oilfield services segment.ADNOC Drilling's net profit rose to $341 million in the quarter ended March…
The Norwegian Offshore Directorate has granted OMV (Norge) a drilling permit for two wildcat wells in the Norwegian Sea, which will be drilled with Odfjell Drilling-managed DeepSea Bollsta semi-submersible rig.The permit is for wellbore 6606/4-1 S and 6606/4-1 A in production license 1194…
U.K. oil and gas company Ithaca Energy has signed a sale and purchase agreement with Spirit Energy, increasing its stake for 46.25% in the Cygnus gas field for $154 million.The transaction, which is subject to NSTA consent, will increase Ithaca Energy's operated interest in Cygnus field to 85%…
ADNOC has signed a strategic partnership agreement with Tubacex, a global leader in advanced tubular solutions, securing exclusive rights to use Tubacex’ tubular joint connection technology which is critical for completing oil and gas wells…
Petrobras has identified the presence of high-quality oil with no contaminants in the pre-salt of Santos Basin, in an exploratory well in Aram block, offshore Brazil.Well 3-BRSA-1396D-SPS is located 248 km from the city of Santos-SP, at a water depth of 1…
DEME Offshore Holding, a wholly owned subsidiary of DEME Group, has acquired a 50% stake in BAUER Offshore Technologies, a BAUER Group company.BAUER Offshore Technologies specializes in drilling services for the installation of foundations for offshore wind farms…
Offshore drilling contractor Dolphin Drilling has moved its 1990-built semi-submersible rig to Caledonia field in the North Sea ahead of upcoming permanent plug and abandonment (P&A) operation.The rig, Paul B. Loyd Jr., has completed operations at Harbour Energy's Brodgar well…
ADNOC has signed agreements with ExxonMobil to expand the capacity of United Arab Emirates (UAE) Upper Zakum field, and with Occidental to explore increasing Shah Gas field’s capacity, as part of multiple strategic agreements that could potentially enable $60 billion of U…
ADNOC Drilling has been awarded a contract for three island rigs by ADNOC Offshore, valued approximately $806 million, to support expanding operations at the offshore Zakum development project.The three rigs are in addition to three ordered in July 2024…
Offshore drilling contractor Valaris has secured a $135 million contract for its Valaris DS-15 drillship, which will be put to work offshore West Africa.The five-well contract with an undisclosed client is expected to start in the third quarter 2026…
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