Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore Block 52 in Suriname, state company Staatsolie said in a release on Saturday.Petronas hired…
The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter.The ruling will determine whether Chevron can move forward with its $53 billion planned acquisition of Hess…
Offshore accommodation rig provider Floatel International has secured another contract offshore Australia for its Floatel Tirumph accommodation rig.The assignment is for approximately 35 days with an option for the client to extend. The expected start date is in the fourth quarter of 2026…
Engineering consultancy Longitude Engineering, a branch of Oslo-listed ABL Group, has secured a contract to provide detailed engineering and project management services for Petroleum Marine Services (PMS), the main contractor for the Phase XI…
Energy industry services firm EnerMech has secured a multi-year contract from Dana Petroleum for the provision of offshore shutdown support services for the Triton floating production, storage and offloading (FPSO) vessel.Dana hired EnerMech…
The TotalEnergies West of Shetland offshore assets it agreed to sell to Prax Group last year remain under the French oil major's ownership, it said on Wednesday, so will not be subject to disposals resulting from liquidation proceedings affecting the British company…
Brazil plans to hold an additional oil auction this year for uncontracted areas in the pre-salt offshore region after Senate approval of legislation that clears the way for the sale, a senior energy official said on Wednesday.The government…
Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.The total added contract value is approximately $40 million…
Offshore drilling contractor Borr Drilling has singed new contract commitments for four of its premium jack-up rigs, which are set for deployment in the Middle East, Southeast Asia and Mexico.The new awards have a combined duration of approximately 1…
A towing incident has occurred on Saudi oil and gas drilling contractor ADES Holding’s jack-up barge Admarine 12, which capsized offshore Eqypt, killing four people, while three remain missing.The incident occurred on Tuesday, July 1, while…
RightBridge Ventures Group has announced a proposed reverse acquisition of Swemar, which has entered into an agreement to acquire an offshore oil service company with operations across the Middle East, India, and South-East Asia.The company…
AGR has been awarded a frame agreement to deliver annual independent reserves evaluation and competent person report to Oslo-listed OKEA, a mid- and late-life operator on the Norwegian continental shelf (NCS).Under the frame agreement, AGR will…
Norwegian oil and gas operator DNO has entered into an offtake agreement with France’s Engie for its Norwegian gas production and secured a related offtake financing facility with a major U.S. bank for up to $500 million.The offtake agreement…
Versalis, Eni’s chemical company, has set out plans to transfer its Oilfield Chemicals business unit into the newly established company Versalis Oilfield Solutions.As of July 1, 2025, Eni has consolidated Versalis’ position in the oilfield services…
Malaysia’s oil and gas services Velesto has secured a drilling contract for its NAGA 5 jack-up drilling rig by PTTEP HK Offshore and PTTEP Sarawak Oil, collectively referred as PTTEP, for its 2025 - 2026 drilling campaign in Malaysia.Under the contract…
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