Italian oil company Eni has made an oil discovery in the Sureste Basin offshore Mexico. Eni said that the preliminary estimates showed the discovery might hold between 200 and 300 million barrels of oil in place.Saasken-1 NFW well, which has led to the discovery…
UK oil and gas player Premier Oil has chartered a Valaris drillship for its Brazilian operations.In its operational update on Tuesday, Premier Oil said it had chartered the Valaris DS-9 drillship. The rig, formerly known as Ensco DS-9, is of the Samsung 12000 design and was delivered in 2015…
Kosmos Energy has completed drilling the Oldfield exploration well in the U.S. Gulf of Mexico, and the well failed to find oil.Oldfield was designed to test a sub-salt Miocene prospect located in Mississippi Canyon, targeting approximately 10 mmboe net to Kosmos which owns 40 percent in the block…
Offshore support terminal operator Brasco, a Wilson Sons Group company, has partnered with APM Terminals Pecém to set up a temporary logistics base at the Pecém Industrial and Port Complex. It will be the first offshore port support operation to take place in Ceará…
UK headquartered offshore drilling contractor Valaris announced on Monday that it has received a $200 million cash payment resulting from a settled dispute with South Korean shipbuilder Samsung Heavy Industries (SHI).Earlier this year, an arbitration…
ARO Drilling, a joint venture (JV) of Saudi Aramco and Valaris Companies, has awarded a couple of contracts to International Maritime Industries (IMI) and signed a subsequent sub-contract agreement with long-term partners Lamprell Energy Ltd…
Activists on Monday boarded a jackup drilling rig in Dundee harbor, in Scotland, aiming to prevent the rig from departing for scheduled drilling operations for Shell in the North Sea.The 'occupied' rig, Valaris' KFELS Super A jackup Valaris Ju-122…
Valaris, the provider of offshore drilling services across all water depths and geographies, announced new contracts and contract extensions, with associated revenue backlog of approximately $285 million.The United Kingdom-based offshore drilling contractor…
Offshore drilling contractor Valaris on Tuesday announced a group of new global contracts and contract extensions, with associated revenue backlog of approximately $245 million. The latest batch of contracts, which includes work in several continents…
London headquartered offshore drilling contractor Valaris said it has appointed Frederick Arnold to the company's board of directors, as the company as part of an ongoing board refreshment plan.Arnold, who joins the board as an independent director effective immediately…
Suppliers of drilling and subsea services and equipment may already be feeling the partial lift offered by West African nation Angola clearing offshore investment bottlenecks.On Monday, Bergen-based subsea cable layer, Oceanteam, announced its vessel…
A newly created online assessment tool aims to help drilling employers reinforce the competency of roustabouts.Developed as part of the OPITO Skills Screening online tool, a comprehensive question bank has been created by the International Association…
Offshore drilling contractor Valaris has been awarded new contracts and contract extensions for its rigs, with associated revenue backlog of $84 million.The largest offshore drilling and well drilling company in the world, formerly known as EnscoRowan…
Neptune Energy and its joint venture partners BP and JAPEX today announced Valaris has been awarded a contract to provide a heavy-duty jack-up drilling rig for the Seagull development oil project in the UK North Sea.Valaris will provide the…
American upstream oil company Kosmos Energy reported that the Yakaar-2 appraisal well offshore Senegal has confirmed a world-scale natural gas resource in the BP-ledYakaar-Teranga gas project.The Yakaar-2 appraisal well was drilled in approximately 2…
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