SundaGas Banda Unipessoal, a subsidiary of UK-based oil and gas company Baron Oil, has completed geophysical site surveys at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste, and is planning to start a new one next month…
Australian oil and gas company Beach Energy has set out plans to lay off 30% of workforce across its business as part of a comprehensive strategic review which aims to deliver increasing returns to shareholders and increase efficiency.The first…
Esgian reports shifts in demand in its Week 13 Rig Analytics Market Roundup.Report overview:ContractsADES has received a Letter of Intent (LOI) from PTTEP Energy Development Company Limited for an 18-month jackup drilling contract in the Gulf of Thailand…
McDermott has been awarded a ‘sizeable’ offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, offshore Sabah in East Malaysia.Under the scope of the contract…
The Biden administration on Tuesday gave final approval to Orsted and Eversource's Sunrise Wind offshore wind facility, which is expected to provide power to more than 320,000 homes in New York.The announcement was the latest positive development for the project…
Saipem has signed a letter of intent for the development of CO2 offshore transportation and storage facilities as part of the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZTP) projects for the East Coast Cluster in the UK…
Australian regulator NOPSEMA has opened a nine weeks public consultation period for Beach Energy’s Otway Offshore Gas Victoria project proposal.The project is located approximately 20 km south of the Victorian mainland and 40 km west of Tasmania (King Island) at its closest points…
Suriname's state-owned oil company Staatsolie has begun talks with oil majors Exxon Mobil and TotalEnergies to encourage joint development of natural gas fields that straddle its and Guyana's maritime borders, the head of its state oil firm told Reuters late Tuesday…
UK-based oil and gas firm Spirit Energy has awarded a contract to Shearwater Geoservices to conduct a seismic survey in the East Irish Sea, as part of the Morecambe Net Zero (MNZ) carbon capture and storage (CCS) project.The six-week operation…
Oil and gas company Energean has brought the Karish North and second gas export riser online at the Karish field in the Mediterranean Sea, offshore Israel.Karish North first gas was safely achieved on February 22, 2024, Energean informed. The…
Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has signed the first of a two-phase contract for one of its vessels operating in the Middle East.GMS said it also received a Letter of Award, relating to the second phase of this four-year contract…
Scotland-based logistics and materials management company ASCO has secured a string of contract extensions with long-standing clients BP, TotalEnergies, and Centrica Energy Storage worth over $25.4 million.The renewed contracts will each last up to three years…
Marine geoscience and offshore construction support service provider Next Geosolutions (NextGeo) has completed all the pre-installation survey tasks for the Tyrrhenian Link East branch on behalf of Prysmian.The works entailed extensive marine detailed geophysical…
Zanzibar has launched its first licensing round, inviting bids for eight blocks offshore the insular semi-autonomous region of Tanzania.The Ministry of Blue Economy and Fisheries has on March 20, 2024, invited bids for the blocks spanning 31…
Esgian reports fresh finds confirmed in Guyana, China and Norway in its Week 12 Rig Analytics Market Roundup.Report Outline:ContractsDolphin Drilling has announced the award of a $154 million drilling contract from India's exploration and production company…
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