Offshore drilling contractor Transocean has secured contracts worth approximately $550 million for two ultra-deepwater drillships in the U.S. Gulf, covering a combined 15 wells and adding to the company's firm contract backlog.The contracts involve the Deepwater Proteus and Deepwater Conqueror drillships, both awarded work by undisclosed operators, Transocean said in an October 19 announcement.The Deepwater Proteus secured a 10-well contract valued at approximately $325 million in backlog…
Sunda Energy has secured a 12-month extension to the current phase of its Chuditch gas licence offshore Timor-Leste, following an earlier warning from the country's upstream regulator that the production sharing contract (PSC) could be terminated over unmet drilling obligations…
Finder Energy has signed a contract worth an estimated $42.3 million with Eneos Drilling for the Hakuryu-5 semi-submersible rig to drill three development wells at the Kuda Tasi and Jahal (KTJ) offshore oil project in Timor-Leste.The agreement covers the provision of the rig…
Abu Dhabi-based Ocean Oilfield Integrated Solutions has completed the acquisition and taken ownership of the former Noble Resolve jack-up drilling rig, now renamed Ocean MVM, from Noble Corporation.The GustoMSC CJ50-X100 MC jack-up arrived in Malta on October 13…
Vår Energi and Equinor have made a gas and condensate discovery at the Lakris prospect in the Norwegian Sea, with preliminary estimates indicating recoverable resources of between 1.3 million and 5.5 million barrels of oil equivalent (boe).The…
Equinor has exercised options for two additional wells using Odfjell Drilling's Deepsea Atlantic semi-submersible rig, extending its firm contract into the late fourth quarter of 2027.The additional wells will be drilled in direct continuation of the rig's existing contract…
SFL Corporation has won a Norwegian appeals court ruling in its contract dispute with Seadrill over the redelivery of the offshore drilling rig Hercules, with the court ordering Seadrill to pay approximately $55 million (NOK 525 million).The…
BW Energy has confirmed commercial oil volumes in two appraisal wells at the Dussafu field offshore Gabon, identifying approximately 8 million to 9 million barrels of gross recoverable oil and paving the way for two additional production wells…
Equinor and its partners Petoro and TotalEnergies have made an oil and gas discovery near the Oseberg field in the Norwegian North Sea, with preliminary estimates indicating between 19 million and 50 million barrels of recoverable oil equivalent…
Offshore drilling contractor Seadrill has secured new drilling contracts and extensions covering four rigs offshore Indonesia, Malaysia, Angola and in the U.S. Gulf.In Indonesia, West Carina drillship has been awarded a contract with an undisclosed…
Offshore drilling contractor Transocean has added approximately $1.1 billion to its firm contract backlog following final approval of a previously announced agreement with Equinor and a new drilling contract with Shell offshore Norway.The company…
Equinor and its partners have made a gas discovery at the Gullfaks South field in the Norwegian North Sea, with estimated recoverable resources of between 3.3 million and 10.3 million barrels of oil equivalent (boe).The discovery, located about 190 kilometers northwest of Bergen…
Chevron and the Egyptian Natural Gas Holding Company (EGAS) have signed an agreement covering at least $88 million of investment in natural gas and crude oil exploration and production in the Lotus offshore area in the Mediterranean Sea.The…
Vaalco Energy has completed its Phase 3 drilling program offshore Gabon after bringing the ETSEM-3H development well onstream at an initial stabilized rate of about 2,000 barrels of oil per day, while drilling has started on its Baobab Phase 5 program offshore Côte d’Ivoire…
Drilling waste management specialist TWMA has secured a multi-million-dollar contract from an unnamed North Sea operator to provide offshore drilling waste management services for a multi-well campaign in the UK North Sea.The contract, awarded under an existing agreement…
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