Offshore drilling contractor Odfjell Drilling has said that its business divisions Odfjell Energy and Odfjell Well Services have launched a plug and abandonment (“P&A”) and slot recovery alliance with leading companies within the energy industry…
Oil and gas company Neptune Energy has started drilling the first of four production wells on the Fenja field in the Norwegian Sea.The wells are being drilled by the Deepsea Yantai semi-submersible rig, owned by CIMC, and operated by Odfjell Drilling…
The leader of Lebanon's Hezbollah on Friday warned Israel against drilling for oil and gas in the disputed maritime border area between the two countries until the issue is resolved, and said the Iran-backed group would take action if it did so…
Oslo-listed oil and gas company BW Energy has agreed to buy the semi-submersible drilling rig 'Leo', from Aquadrill, a Seadrill affiliate, to use as a production unit for offshore field development in Namibia.Leo (ex-West Leo) is a 6th generation…
Oil and gas company Dana Petroleum has awarded Island Drilling a one-well drilling contract for the offshore drilling rig Island Innovator.The contract for the 6th generation harsh environment drilling rig will start in April 2022. Dana has…
ADC Energy, an Aberdeen-based offshore rig inspection firm, has announced the completion of a trial with 'a major rig owner' that found that an upgrade to Dynamically Positioned (DP) rigs power systems can reduce carbon emissions by nearly 5…
Fugro has completed a site survey over Shell's planned high-impact Pensacola offshore exploration well in the Southern North Sea, off the UK, ahead of the planned drilling in 2022.Deltic Energy, Shell's partner in the offshore license containing the Pensacola prospect…
Swedish oil and gas company Lundin Energy has drilled a dry well at the Dovregubben prospect in the North Sea, offshore Norway.The exploration well 17/8-1 was drilled about 70 kilometers southeast of the Johan Sverdrup field in the North Sea and 140 kilometers southwest of Stavanger…
Oil and gas company Wellesley Petroleum has received regulatory approval from Norwegian Petroleum Directorate to drill an exploration well in the North Sea, off Norway.The well, formally named well 36/1-4 S, will be drilled using Dolphin Drilling's Borgland Dolphin semi-submersible drilling rig…
Offshore drilling company Valaris has won a drilling rig contract with the Brazilian oil firm Petrobras offshore Brazil.The contract is for the drillship Valaris DS-4, for operations offshore Brazil. The contract is for a minimum term of 548 days…
Norwegian oil firm Aker BP has received a drilling permit for an exploration well to be drilled in the North Sea, offshore Norway.The well 24/12-7 - known as Lyderhorn East prospect - is located in the production license 1041. It will be drilled…
Billionaire John Fredriksen-owned offshore drilling company Northern Drilling has canceled another drillship order with South Korea's Daewoo Shipbuilding & Marine Engineering.After canceling the order for the West Aquila drillship in August…
Seadrill’s creditors are now the proud owners of 24 offshore rigs. The most important question for them: what are they worth? Esgian's Hans Jacob Bassoe writes.Earlier this year, Seadrill filed for chapter 11 for the second time since 2017 and…
Australian oil and gas firm Bounty Oil and Gas has agreed to farm into four oil-prone offshore licenses in Western Australia, owned by Coastal Oil and Gas.Bounty will acquire a 25% stake in licenses EP 475, EP 490, EP 491 and TP 27 (collectively…
French oil major TotalEnergies has exercised an option for Maersk Drilling's drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. The contract extension has an estimated duration of 54 days,…