ExxonMobil has started drilling at the Cutthroat prospect in a deepwater block in the Sergipe Alagoas Basin, offshore Brazil.The news of the drilling start-up was shared by Enauta, one of Exxon's partners in Block SEAL-M-428, where the well site is located…
SFL Corporation, the owner of the West Linus jack-up drilling rig, has signed a rig management deal with offshore drilling firm Odfjell Drilling for the provision of management services for the harsh-environment unit.The rig, delivered in 2014…
East Africa-focused oil and gas company Coastline Exploration has signed seven Production Sharing Agreements ('PSAs') covering offshore, deep-water blocks of the Federal Republic of Somalia. Coastline, established in 2018, said that the PSAs…
TotalEnergies said Monday it has made a significant new oil and associated gas discovery at the Krabdagu-1 well offshore Suriname. Made in the central area of offshore Block 58, the discovery follows previous discoveries at Maka, Sapakara, Kwaskwasi and Keskesi…
Abu Dhabi National Oil Company (ADNOC) on Thursday awarded framework agreement awards worth $1.94 billion 'to enable drilling growth.'The company, which plans to boost crude oil production capacity to 5 million barrels per day (mmbpd) by 2030…
Black Sea-focused oil and gas company Trillion Energy has signed a Memorandum of Understanding (MOU) with Romanian offshore drilling company GSP Offshore for drilling services at Trillion's planned SASB natural gas production and development program in the Black Sea…
Aquadrill's Polaris drillship caught fire earlier this week at Hambantota Port in Sri Lanka. According to the port authorities, the incident happened Tuesday, and the fire was quickly extinguished.'The Hambantota International Port Emergency Response Unit (ERU) together with the port’s Quality…
A string of offshore oil discoveries has turned Guyana, a tiny South American country with fewer than 800,000 people, into one of the hottest exploration and production frontiers in decades.Since 2015, oil companies operating off its coast have…
Oil and gas firms in Norway have raised this year's investment forecasts as they seek to benefit from pandemic-era tax incentives intended to boost activity, a national statistics office (SSB) survey showed on Thursday.The biggest business sector in Norway now expects to invest 159…
Offshore drilling contractor Transocean has said this week that its eighth-generation Deepwater Titan drillship has completed drydocking in Singapore.The Deepwater Titan is Transocean's first 20,000 psi ultra-deepwater drillship, and will, once delivered…
Norwegian oil and gas firm Equinor has exercised extension options worth 8 billion Norwegian crowns (~$898,7 million) with Archer, KCA Deutag, and Odfjell Drilling. The contracts include drilling, completion, intervention services, plugging…
United Arab Emirates-based Dragon Oil has made its first oil discovery in the Gulf of Suez, the Egyptian petroleum ministry said in a statement on Tuesday.The discovery is one of the largest in the area in the past 20 years, it said, adding…
Norwegian oil and gas company Aker BP has exercised a scope-based option to use Odfjell Drilling's Deepsea Nordkapp semi-submersible drilling rig to drill development wells at the recently approved Kobra East Gekko (KEG) project.Odfjell Drilling…
Gazprom Neft, the oil arm of Russian energy firm Gazprom, expects to restore oil drilling to pre-pandemic volumes this year with the help of new technologies, a company senior manager told Reuters on Tuesday.Analysts and company sources have…
Australian oil and gas company Santos is drilling ahead at its Pavo-1 well, off W. Australia, after last week's spud using the Noble Tom Prosser jack-up drilling rigThe Pavo-1, operated by Santos (70%) with Carnarvon as partner (30%) is targeting…