Bahamas Petroleum Company (BPC) said Monday that its Perseverance #1 well offshore The Bahamas has encountered oil, however, not in commercial volumes.'The Perseverance #1 well in The Bahamas has encountered hydrocarbons, successfully validated the structural model and the petroleum system…
Energy Drilling Management Pte Ltd (EDMPL) has entered into a management agreement with Seadrill Partners to maintain, market, and operate the tender rigs Seadrill-T15, Seadrill-T16 and West Vencedor.After the transaction, EDMPL will effectively…
Maersk Drilling has won a two-well contract for its jack-up drilling rig Maersk Integrator with Aker BP in Norway.The Danish drilling company said Friday, that rig will, in direct continuation of its previously announced work scope with a different operator…
Norwegian oil firm Equinor has made an oil and gas discovery near the Troll field in the North Sea, offshore Norway.Equinor said Friday that the recoverable resources are estimated at between 7 and 11 million standard cubic meters of oil equivalent…
Oilfield services firm Petrofac has awarded Icon Offshore a contract for the supply of a jack-up drilling rig for drilling at the PM304 block offshore Malaysia.Under the contract, Icon Offshore, through its subsidiary Persiai Offshore, will supply the Perisai Pacific 101 jack-up drilling rig…
Danish offshore drilling company Maersk Drilling has received a conditional letter of award from oil company Tullow for the provision of the Maersk Venturer drillship and additional services for a development drilling campaign at the TEN and Jubilee fields offshore Ghana…
Offshore drilling contractor Vantage Drilling said Wednesday it had received a letter of award with the Indian oil company ONGC for the charter of its ultra-deepwater drillship Platinum Explorer.The rig contract is for two years and will begin once the current three-year contract with ONGC expires…
Offshore drilling contractor COSL Drilling has partnered up with maritime tech provider Kongsberg Maritime, and drilling equipment firm NOV, to cut greenhouse emissions and lower the cost of its offshore drilling operations.COSL’s project, called ‘Energy Control’…
Offshore drilling contractor Stena Drilling has signed a strategic framework agreement with dCarbonX, for what has been described as 'decarbonization exploration,' in the UK to support the development of offshore geoenergy resources.Stena Drilling…
Oil and gas company Lundin Energy has drilled a dry well at its production license 533 B, in the Barents Sea, offshore Norway.The exploration well, formally named 7219/11-1, was drilled around 40 kilometers southwest of the Johan Castberg field…
Australia's Woodside Petroleum has put some activity on hold in Myanmar after generals seized power and detained elected leader Aung San Suu Kyi, and said on Tuesday it was monitoring the changing situation in the country.Woodside has been working…
Jens Berge, Chief Executive Officer of the troubled offshore drilling contractor Awilco Drilling has resigned from the company 'to pursue other opportunities.'In an announcement released Sunday evening (CET), Oslo-listed Awilco Drilling, which…
Oil firm Masirah Oil has informed that production has kicked off from the second development well drilled in the Yumna Field, in the Block 50, offshore Oman.The well was spudded on December 10, 2020, using the Shelf Drilling Tenacious jack-up rig…
Norwegian offshore vessel operator Eidesvik Offshore has secured a time charter contract with the Norwegian oil firm Aker BP.The contract is for the 2012-built, LNG-powered platform supply vessel Viking Prince.Eidesvik said that the contract for the 89…
Singapore's Keppel Offshore & Marine, a company famous for its offshore rig construction, is set to undergo a major transformation, look for opportunities as a developer and integrator of offshore energy and infrastructure assets, and exit the offshore rig building business…