Offshore Deepwater News - page 6

 

Valaris Bags Three Offshore Drilling Contracts Including $500M Deal for Stacked Drillship

Mar 06, 2023

Offshore drilling contractor Valaris said Monday it had secured contracts for two drillships and one jack-up rig.  One of the drillships in question is the Valaris DS-8,  which secured a three-year, $500 million contract with Petrobras in Brazil…

ONGC, TotalEnergies Sign Deepwater Exploration Deal

Mar 06, 2023

India's top explorer, Oil and Natural Gas Corp has signed a memorandum of understanding with French major TotalEnergies for exploration of deep-water blocks, the company tweeted on Monday.India, the world's third biggest oil importer and consumer…

Saipem Charters 7th Gen. Deepwater Drillship "Deep Value Driller"

Feb 24, 2023

Italian oilfield services group Saipem has agreed to charter a 7th generation deepwater drillship owned by the Oslo-listed Deep Value Driller AS.The drillship, also named Deep Value Driller, will start its contract upon reactivation works, which are expected to be completed in the summer of 2023…

Transocean Sees Multi-year Upcycle in Offshore Drilling Industry

Feb 22, 2023

Offshore drilling is making a comeback after several challenging years, and Transocean, a major deepwater drilling contractor, expects to see a multi-year upcycle in the offshore drilling industry.'Looking back, 2022 will be remembered as a pivotal year in Transocean’s history…

TotalEnergies Gears Up for More Offshore Drilling in Namibia after Record-breaking Oil Find

Feb 22, 2023

French oil major TotalEnergies is set to embark on a multi-well appraisal and exploration program offshore Nambia, where it made one of the world's largest oil discoveries in 2022, by drilling the Venus-1x well.According to Impact Oil & Gas Limited…

PSW Technology Nets 'Sizable' Deepwater BOP Stack Services Contract

Feb 21, 2023

Norwegian offshore services and equipment provider PSW Technology has secured a 'sizable' contract for deep-water BOP stack services.Subsea blowout preventer (BOP) is a system used in offshore oil drilling to prevent well blowouts.Under the deal announced Tuesday…

Romania Sees Black Sea Gas as 'Game Changer' for Region

Feb 17, 2023

Potential extractions from a long-awaited deepwater gas field in the Black Sea could mean countries in the region can finally cut their dependency on Russian energy, Romania's foreign minister said on Friday.Romanian oil and gas group OMV Petrom said on Feb…

Williams Strikes Oil and Gas Gathering Deals with Oil Major Chevron

Feb 17, 2023

Natural gas processing and transportation firm Williams Cos Inc said on Friday it executed deals with oil major Chevron Corp's unit to support natural gas development in the Haynesville basin as well as the deepwater Gulf of Mexico. Williams…

Transocean's Backlog Boosted by $392M Ultra-deepwater Drillship Deal

Feb 01, 2023

Offshore drilling contractor Transocean said Tuesday it had secured a long-term deal for one of its ultra-deepwater drillships.The contract, awarded by 'a national oil company' for work offshore Brazil, is for the ultra-deepwater drillship, Dhirubhai Deepwater KG2…

Deepwater Gas Projects Could Reinvigorate Trinidad's Output, says Rystad Energy

Jan 25, 2023

Trinidad and Tobago's natural gas production could rebound and hit almost 4 billion cubic feet per day (bcfd) by 2030 if key offshore projects move ahead soon, consultancy Rystad Energy said on Tuesday.Trinidad is Latin America's largest exporter of liquefied natural gas (LNG)…

Fugro Wins Survey Deal for Gas Field Project Offshore Brunei

Jan 18, 2023

Dutch offshore survey firm Fugro said Wednesday it had received a 'sizeable' contract from Petronas Carigali Brunei, for the Kelidang Cluster gas field development project.Under the contract, Fugro will carry out various site characterization…

Talos Makes Two Deepwater Discoveries Near Ram Powell Platform in Gulf of Mexico

Jan 04, 2023

U.S. oil firm Talos Energy said Tuesday that its two deepwater wells in the U.S. Gulf of Mexico had discovered commercial quantities of oil and gas during drilling operations in the fourth quarter of 2022. Talos holds a 60% working interest in the two deepwater discoveries…

Oil Firms Take Four Out of 11 Offshore Blocks on Offer in Brazil's Bidding Round

Dec 19, 2022

Four out of the eleven blocks on offer in the Santos and Campos Basins offshore Brazil, were acquired as part of Brazil's first cycle of the Open Acreage in the production-sharing model (OPP), held Friday by the country's oil and gas regulator…

Report: Chevron Hits Gas Offshore Egypt

Dec 05, 2022

U.S. oil company Chevron has reportedly made a gas discovery at the Narges-1X well in the Mediterranean Sea, offshore Egypt.The news was first shared by MEES, which cited an unnamed source, according to which Chevron has found 3.5tcf of gas…

Maha Energy, DBO Sign Merger Term Sheet

Dec 05, 2022

Sweden-based Maha Energy has signed a binding term sheet regarding a business combination with DBO 2.0 S.A. (“DBO”) for a consideration of 36,775,410 new shares in Maha.According to Maha, DBO is a private upstream oil and gas company focusing on mature offshore fields in Brazil formed in 2017…

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Valaris Nets $498M Drillship C

PXGEO Extends Siem Dorado MPSV’s Stay

PXGEO Extends Siem Dorado MPSV

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