Italian energy contractor Saipem said on Wednesday its first-quarter core earnings jumped 31% year on year driven by the group's offshore engineering and construction activities.Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 351 million euros ($398…
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has submitted environmental impact drafts for the drilling of Chuditch-2 appraisal well off Timor-Leste for public consultation.Sunda Energy…
Shell plans to complete a marine survey at Venezuela's offshore Dragon gas field before a U.S.-set May deadline to wind down all licenses related to energy projects in the country, sources close to the preparations said.Colombia-flagged survey vessel Dona Jose II arrived in U…
Well engineering consultancy and project management firm Zenith Energy has delivered the Wolin East 1 (WE 1) well for client Central European Petroleum (CEP) at its Wolin concession in the Baltic Sea, offshore Poland.Zenith Energy was hired to provide full well management…
Shell, through its subsidiaries, has awarded a contract to Stena Drilling for the Mobile Offshore Drilling Unit (MODU) Stena DrillMAX, which will be put to work offshore Suriname.KE STP Company and BG International Limited Suriname Branch, subsidiaries of Shell…
Saipem has signed a renewal for its framework agreement with Saudi Aramco. The Long-Term Agreement (LTA) now extends until the end of 2027.With the renewal of the LTA, Saipem is reconfirmed in the exclusive list of contractors selected by Saudi Aramco who are eligible to bid for work orders…
Libya's Mellitah Oil and Gas Company said on Tuesday Norwegian contractor Borr Drilling's Vali rig will start drilling eight offshore gas wells for the group soon, with the aim of producing 160 million cubic feet of natural gas per day.Mellitah…
Hanwha Ocean has held a naming ceremony for its high specification ultra-deepwater drillship Tidal Action, signaling its official entry into the deepwater drilling industry.The Tidal Action is built on Hanwha Ocean’s proprietary design and is…
Offshore drilling contractor Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs across the world.Borr Drilling secured new contract awards for the rigs Thor…
BP and its partner Chevron have made an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America.BP drilled the exploration well in Green Canyon Block 584, located in western Green Canyon approximately 120 miles (193 kilometers) off the coast of Louisiana in 4…
U.S. offshore drilling contractor Noble Corporation has secured a contract extension with Petrobras for its Noble Discoverer semis-submersible rig offshore Colombia.Petrobras Colombia has exercised, extending the contract for Noble Discoverer rig for an additional 390 days…
Saipem has entered into an amended bareboat charter with Deep Value Driller for the seventh-generation drillship Deep Value Driller.Earlier in 2025, the charterer, Saipem, was granted an option until April 14, 2025 to enter into an amended bareboat charter for the Deep Value Driller drillship…
Japan's Eneos Drilling, a subsidiary of Eneos Xplora, has entered into a drilling contract with Japan Vietnam Petroleum Company for the jack-up rig HAKURYU-14, for work offshore Vietnam.The rig will be deployed Block 15-2, offshore Vung Tau…
Offshore drilling firm Shelf Drilling has received a notice of contract termination from TotalEnergies EP Denmark for its Shelf Drilling Winner jack-up rig, operating offshore Denmark.Under the notice and in accordance with the contract, the termination will be effective during August 2025…
The U.S. will hold an oil and gas lease sale in the Gulf of Mexico, as planned by the administration of former President Joe Biden, and will release a proposed notice of it in June, the Interior Department said on Friday.The auction of drilling…
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