Three60 Energy said Tuesday it had won a contract with Crogga Limited to drill an appraisal well in the Crogga gas field offshore the Isle of Man. If the well proves successful, it has the potential to provide energy independence to the Isle of Man by 2026…
Trinidad and Tobago plans an auction this quarter of up to 20 offshore natural gas exploration blocks under new fiscal terms designed to increase the pool of potential bidders, people familiar with the matter said. The Caribbean nation has been…
Norwegian offshore drilling contractor Island Drilling has contracted Ecochlor to install their new EcoOne Container Unit on board the Island Innovator semi-submersible rig.Vidar Vik, Technical Section Leader at Island Drilling, said: 'Our research…
Offshore drilling company Stena Drilling has signed a contract with Shell for the use of the Stena Forth drillship in Egypt.The contract was signed with Shell's subsidiaries, BG Delta Limited and BG International Limited.The Stena Forth is expected to start operating for Shell in 2023…
In a tumultuous year of change in the world, high impact drilling in 2022 remained at a similar level to 2021, with 81 high impact wells completing (Figure 1). Performance improved with discovered resource increasing from 7.4bnboe in 2021 to a preliminary estimate of 9…
Offshore drilling firm Valaris said Friday it had recently secured contracts and extensions for its offshore drilling rigs in Brazil, the U.S. Gulf of Mexico, and the UK North Sea.In Brazil, French oil company TotalEnergies exercised an extension option for the VALARIS DS-15 drillship…
Sri Lanka is preparing to issue two-year oil and gas exploration licenses for as many as 900 offshore blocks for foreign firms to scout for energy resources and bring in vital investments to the crisis-hit country, a top official told Reuters on Thursday…
Offshore energy industry services firm Three60 Energy has said it has secured a significant contract with the oil major BP for the provision of well engineering services across BP's global operations.The five-year Global Service Agreement, effective June 1…
Guyana is looking at awarding oil and gas exploration blocks to Indian companies as part of a broader hydrocarbon cooperation it is negotiating with India, the South American nation's president said on Thursday.Guyana, home to one of the largest oil discoveries in the last decade…
Welligence expects global offshore exploration drilling activity in 2023 to remain relatively steady year-on-year, with the majors driving much of the activity in their core regions. Two areas with big impact potential - the Atlantic Basin and…
The Norwegian oil and gas company Aker BP said Thursday it had entered into drilling and wells alliance agreements with offshore drilling firms Noble Corporation, Odfjell Drilling, and oilfield services giant Halliburton. The jack-up rig alliance comprises Noble…
Europa Oil & Gas, a company that owns an offshore block in Ireland containing what it says is the 'significant' Inishkea gas prospect, has hired advisors to help it find a partner to drill at the prospect.Europa has engaged Llamas and Bannister…
Oil major Shell, which is currently drilling the high-impact Pensacola well in the UK North Sea, has encountered gas at the site's reservoir and has recommended to its partners Deltic and One Dyas that a full well testing program be undertaken…
Egypt has assigned ExxonMobil oil and gas exploration rights to two offshore blocks in the outer Nile Delta, according to a company statement on Tuesday.The company's Egyptian subsidiary will operate both blocks and hold 100% interest, with exploration activities expected to start this year…
Norway has awarded 47 new offshore oil and gas exploration permits to 25 firms in its latest mature areas licensing round, the energy minister said on Tuesday. 'Today's award is an important contribution to ensuring that Norway remains a safe and predictable supplier of oil and gas to Europe…