Colombia's majority state-owned oil company Ecopetrol will use new technology, including artificial intelligence, to improve exploration success rates and boost output from existing fields, new Chief Executive Ricardo Roa said on Monday.Roa…
On Friday, Australian oil and gas giant Woodside said that its Sangomar development project offshore Senegal was 82% complete and on target for first oil later this year. Once online, this will be Senegal's first offshore oil project in production…
Oil and gas company OMV Norge has made an oil discovery at the Eirik prospect in the North Sea, off Norway, the Norwegian Petroleum Directorate said Thursday.The wildcat well 15/2-2 S, in the production license 817, where OMV is operator, was…
Deepwater drilling company Transocean has secured $546 million worth of drilling contracts in the past quarter, according to its rig fleet status report issued Tuesday.The contracts were secured by four rigs, the Transocean Enabler, Transocean Encourage…
Italian oil company Eni has extended the contract for Saipem's 7th-generation Santorini drillship for two years, starting in August 2023.According to Saipem, the extension is worth approximately 280 million dollars. 'To this amount will be added…
Chevron is seeking a [drillship] to explore for natural gas off Cyprus, Egypt, and Israel as the U.S. energy major looks to meet growing demand in the region and Europe, two sources told Reuters.Chevron, which operates in the three eastern Mediterranean countries…
UK North Sea-focused oil and gas company IOG said Tuesday that the drilling of the Blythe H2 offshore well would take longer than initially thought due to 'abnormally' pressured gas and oil influx encountered while drilling through the Hauptdolomit formation…
ADNOC Drilling has won a five-year contract for the provision of Integrated Drilling Services (IDS) totaling $412 million from ADNOC Offshore starting in the second quarter of 2023.ADNOC Drilling will provide IDS for the development of the Upper Zakum field…
Norwegian oil company Aker BP has discovered oil in the North Sea offshore Norway, the Norwegian Petroleum Directorate said Thursday.Aker BP used the Scarabeo 8 semi-submersible drilling rig to drill the wildcat well 25/4-15.According to the Norwegian Petroleum Directorate…
Malaysian national oil firm Petronas has awarded a contract to 3t Energy Group's Drilling Systems to provide its ‘Drill the Well on Simulator’ (DWOS) solution to support Petronas' training and development program over a three-year period.'The…
Trillion Energy International, an oil and gas firm focused on the Turkish section of the Black Sea, said Tuesday it had started drilling the Bayhanli-2 well at the SASB offshore gas field.Bayhanli-2 is the fifth gas well in the company's multi-well drilling program at the SASB gas field development…
Borr Drilling announced it has secured more offshore drilling work in Latin America.The Norwegian shallow water drilling company announced Monday that its jack-up rig Hild has been contracted by an undisclosed customer for a firm term of 725 days…
Malaysia said on Saturday it was firmly committed to protecting its sovereign rights and interests in the South China Sea after China expressed concern about Malaysian energy projects in a part of the sea that China also claims.Malaysian Prime…
Indonesia has put three oil and gas exploration blocks out for tender in its first bidding round of the year, with estimated resources of more than 2.4 billion barrel of oil and 9 trillion cubic feet of gas, its energy ministry said.Indonesia plans to offer 10 oil and gas working areas this year…
Offshore drilling contractor Diamond Offshore said Thursday that its Ocean GreatWhite semi-submersible drilling rig had kicked off its five-well drilling campaign for BP West of Shetland.'This marks an important milestone for this harsh-environment…