Offshore drilling contractor Noble Corporation has secured a contract from ConocoPhillips Skandinavia for the ultra-harsh environment jack-up Noble Interceptor to support plug and abandonment (P&A) operations in the Greater Ekofisk Area offshore Norway.The contract is scheduled to begin in the third quarter of 2027 and has an estimated duration of 670 days.'We appreciate the opportunity to support ConocoPhillips' operations offshore Norway with the Noble Interceptor…
The Tupi field in the pre-salt layer of the Santos Basin has reached a cumulative production of 4 billion barrels of oil equivalent (boed), becoming the first in Petrobras’ 73-year history to achieve this production volume.This year, the asset also surpassed…
Shearwater Geoservices has received two separate Letter of Awards (LOA’s) from Oil and Natural Gas Corporation Limited (ONGC), each representing a large offshore 3D seismic survey offshore India.Combined, the two projects add approximately 15 vessel months of backlog…
The latest Trump administration sale of oil and gas drilling rights in the Gulf of Mexico attracted nearly $82.7 million in high bids on Wednesday, generating more money than a sale in March, but far less than one held in December.The Trump administration offered more than 80 million acres (32…
Borr Drilling reported lower revenue and adjusted earnings for the second quarter of 2026 as rig transitions, higher operating costs and delays getting the Odin to work weighed on results.The jack-up drilling contractor reported Q2 operating revenue of $232…
Borr Drilling Limited has announced its unaudited results for the three and six months ended June 30, highlighting a second quarter total operating revenues of $232.3 million, a decrease of $14.7 million or 6% compared to the first quarter of 2026…
The Who Dat East Joint Venture, operated by LLOG, has sanctioned the development of the Who Dat East field. The field, located in lease MC 509-1, is in a water depth of approximately 1,300 metres.The Who Dat East project is a one-well development…
The Norwegian Offshore Directorate has reported that Aker BP and Equinor have drilled a dry exploration well, 15/6-17, in the Svarteknippa prospect in the North Sea.The prospect is located 15 kilometers west of the Solveig field and 220 kilometers west of Stavanger…
Nigerian President Bola Tinubu approved a new regulatory and fiscal framework for offshore oil and gas projects, his office said on Tuesday, a move the government says could attract up to $50 billion in investment and revive long-delayed developments…
Seadrill Limited announced its second quarter 2026 results, highlighting contract awards and extensions in the U.S. Gulf and Malaysia, adding approximately $200 million to its contract backlog subsequent to the May fleet status report.West Vela was awarded a one-year contract in the U…
SLB and Equinor have signed a multi-year agreement for advanced reservoir stimulation services across the Norwegian Continental Shelf, including a major upgrade of the well stimulation vessel MV Island Captain.The agreement provides dedicated…
McDermott Energy Solutions (UK), a majority shareholder in the SMDC joint venture, has received a letter of intent from ExxonMobil Mozambique, on behalf of the Area 4 partners, covering limited engineering and procurement services for the Rovuma LNG Phase 1 midstream development in Mozambique…
ConocoPhillips has appointed Andy O'Brien as president and chief executive officer (CEO), succeeding Ryan Lance, who will retire from the role and assume the position of executive chair of the board in a transitional capacity.The company also…
Ratio Petroleum has increased its recommended all-cash offer for Pharos Energy after a competing bid from Serica Energy, with the revised proposal valuing the London-listed oil and gas company at approximately $197 million (£146.4 million).The revised proposal represents a premium of about 29…
Bohai Phase 5 has entered full operation at the Penglai oil field offshore China, expanding production infrastructure through a project delivered by ConocoPhillips and operator CNOOC.The development adds two new wellhead platforms, four platform…
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