India is offering 26 oil and gas blocks and 16 coal bed methane blocks in its latest exploration licensing round, according to the country's upstream regulator, as the world's third largest oil consumer seeks to boost local output.'There is…
Offshore drilling firm Shelf Drilling has secured a five-year contract for the recently acquired premium jack-up rig Shelf Drilling Victory for operations in the Arabian Gulf.The contract value for the firm period, including mobilization revenue…
Odfjell Platform Drilling (Odfjell) has received the Norwegian Petroleum Safety Authority's Acknowledgement of Compliance (AoC) for the Linus jack-up drilling rig. A granted AoC statement means that a rig is fit for operation on the Norwegian Continental Shelf…
Sembcorp Marine's subsidiary, PPL Shipyard has reached definitive agreements with offshore drilling company Borr Drilling to defer its receivables from Borr Drilling from 2023 to 2025.The definitve agreements follow agreements in principle announced previously…
i3 Energy has completed drilling operations on the Serenity appraisal well in the UK North Sea and said the results are disappointing.The 13/23c-12 Serenity appraisal well was drilled to a total vertical depth of 5,630 ft below sea level. The targeted Lower Cretaceous Captain sand…
Australian offshore vessel owner MMA Offshore has secured a vessel contract with the oil and gas company Beach Energy.The MMA Coral will provide vessel support to Beach Energy’s two production platforms located in the Bass Strait, offshore Australia…
Abu Dhabi National Oil Company (ADNOC) has awarded a $1.53 billion (AED 5.62 billion) contract to ADNOC Drilling, to expand ADNOC’s offshore operations and its objective to increase oil and gas production.ADNOC offshore division ADNOC Offshore awarded the two-year contract…
Cyprus expects natural gas from its seas to become commercially available by 2027, its energy minister said on Friday, adding that Europe's energy crisis had put a renewed focus on how to expedite the development of reserves in the east Mediterranean…
Britain on Friday launched its first oil and gas exploration licensing round since 2019 on Friday to try and boost domestic hydrocarbon output as Europe weans itself off Russian fuel.The British North Sea, home to the global Brent benchmark grade…
Australian oil and gas company Carnarvon Energy said this week it had identified more than 100 prospects across its Bedout Permits, offshore W. Australia, the top 20 of which could hold over 1.5 billion barrels of oil equivalent in total. 'More…
Valeura Energy, an oil and gas company with assets offshore in the Gulf of Thailand and the Thrace Basin of Turkey, has agreed with Petrovietnam Drilling and Well Service Corporation to charter the PV Drilling I jack-up drilling rig to support its Gulf of Thailand operations in 2023…
Australia's Federal Court will hear an appeal by Santos Ltd on Nov. 15-16 seeking to resume drilling at its $3.6 billion Barossa gas project off northern Australia over the objections of Tiwi Island indigenous land owners. Chief Justice James…
Shelf Drilling, an Oslo-listed offshore drilling services firm, has obtained a two-year contract extension for the Noble Sam Turner jack-up rig, which is a direct continuation of its present contract in Denmark.The contract has been secured by way of a priced option exercise by the customer…
Offshore drilling company Noble Corporation has completed the sale of five jack-up drilling rigs, the Noble Hans Deul, Noble Sam Hartley, Noble Sam Turner, Noble Houston Colbert, and Noble Lloyd Noble, to Shelf Drilling for $375 million.The…
Labour union Unite Scotland said on Wednesday that more than 300 offshore drilling and contract maintenance workers employed by companies including Maersk and Odfjell have backed a strike action in the UK.The Unite union said the industrial…