ADES is the largest jackup drilling contractor globally, with 44 rigs owned, and four under its management, and a fleet valued at $1.98 - $2.2 billion. Shelf Drilling, also among the TOP 5 jackup drilling contractors, has a modern 32-rig competitive fleet valued at $1…
Offshore accommodation rig provider Floatel International has signed a new Letter of Intent for its Floatel Victory vessel.Floatel Victory is set to provide Maintenance and Safety Unit (MSU) services offshore Brazil.The MSU assignment is for six to seven months…
The Norwegian Offshore Directorate (NOD) has granted Vår Energi a drilling permit for a wildcat well in the North Sea field.The permit is for wellbore 25/8-C-23 D in production license 027.Vår Energi is the operator of the license, with 90% working interest…
Equinor has awarded new contracts for crew transportation services to CHC Helikopter Service and Lufttransport RW, to serve its oil and gas installations offshore Norway.The two companies will operate a total of five helicopters, serving such as Troll…
Production at the Ekofisk 2/4 K oil and gas platform in the North Sea is shut, TV2 Norway reported on Thursday, citing operator ConocoPhillips.The broadcaster reported a vessel lying next to the platform lost its propulsion and collided with the structure…
Greece has formally selected a consortium of U.S. oil major Chevron and domestic firm Helleniq Energy as the preferred bidder for four offshore gas exploration areas - one in the Ionian Sea and three south of the Peloponnese and Crete - the country’s energy ministry said…
African oil and gas company Rhino Resources plans to drill an appraisal well on a Namibian prospect next year and take a flow test on another as it races TotalEnergies to first oil in the southern African nation, its chief executive said.The appraisal well…
In 2025 to-date, five out of the six liquefaction projects reaching Final Investment Decisions (FID) globally, representing around 90% of liquefaction capacity, are located on the U.S. Gulf Coast. Despite an inflationary environment, geopolitical tailwinds combined with U…
Tampnet, a Norway-based provider of offshore connectivity services, has been selected to deliver digital connectivity infrastructure for the Salamanca deepwater development in the U.S. Gulf, operated by LLOG Exploration.Salamanca is a Floating…
Golar LNG has informed that all conditions for the 20-year charter of its 3.5 million tonnes per annum (MTPA) MK II Floating Liquefied Natural Gas (FLNG) unit to Southern Energy S.A. (SESA) in Argentina have been satisfied.The announcement confirms…
Woodside Energy has signed and closed a transaction with U.S. natural gas infrastructure company Williams for an integrated investment in the Louisiana LNG project, marking a key step in its U.S. liquefied natural gas growth strategy.Under the agreement…
Exxon Mobil said on Wednesday it signed an agreement with the government of Gabon to explore for oil and gas off the coast of the central African country.The memorandum of understanding, a non-binding agreement, marks an expansion of the top U…
Malaysia’s oil and gas services firm Velesto and ICON Engineering have signed an agreement to deliver Rig-Installed Wellhead Platforms (RIWHPs) for offshore oil and gas developments in Malaysia.The agreement brings together Velesto’s track record…
Italy's Saipem said on Wednesday its third-quarter adjusted core profit rose 29% year-on-year as the energy contractor pocketed new orders in Turkey and Guyana.Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 437 million euros ($510 million)…
Shell has applied to gain the right to appeal against the decision of a South African court to block exploration in the offshore block 5/6/7, a Shell spokesperson said on Wednesday.'Shell has filed an application for leave to appeal alongside…
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