French energy major TotalEnergies has started drilling the first of the planned two wells in oil and gas blocks offshore Namibia.On February 3, 2025, the semi-submersible drilling rig Deepsea Mira spud the Marula-1X exploration well within the southern part of Block 2913B…
Norwegian oil and gas firm Aker BP and its partners have drilled a dry well in the North Sea offshore Norway.The drilling was carried out north of the Gjøa field at the wildcat well 35/6-5 S, located in production license 1110, which was part of the awards in predefined areas (APA) 2020…
Oil major BP has made a new oil and gas discovery in Egypt's King Mariout Block in the Mediterranean Sea, Egypt's Prime Minister Mostafa Madbouly said on Wednesday in a televised press conference.Further details about the discovery will be announced soon…
South Korea's hopes for a major oil and gas project off its east coast may not be economically feasible, according to initial drilling results, energy ministry officials said on Thursday.Recent drilling showed some signs of gas prospects but the amount was not believed to be meaningful…
The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 7/1-4 S in production license 1090, in which Vår Energi holds an operating stake of 50%, along with partners Petoro (20%)…
U.S. oilfield services firm Halliburton has secured a contract from Petrobras for integrated drilling services across several offshore fields in Brazil.The contract scope includes drilling services for development and exploration wells over a three-year period…
A Scottish court has invalidated Britain's approvals for two major North Sea oil and gas projects, delivering a significant victory to environmental groups and raising uncertainty over future fossil fuel developments in the UK.The Court of Session…
TotalEnergies has awarded a contract to Stena Drilling for its Stena DrillMax drillship, which will be deployed for work offshore Suriname.As part of the contract, Stena DrillMax will perform managed pressure drilling of one exploration well in Suriname with TotalEnergies EP Suriname…
Reelwell, with Odfjell Technology as strategic partner, has secured a multi-year contract with Vår Energi for the provision of its DualLink-powered digital drill pipe technology.As part of the agreement, Reelwell’s DualLink technology will be…
Offshore drilling contractor Odfjell Drilling has agreed terms with Equinor to extend its contract for use of the Deepsea Atlantic semi-submersible rig until end the second quarter of 2027.Deepsea Alantic will operate under previously agreed…
Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep their focus on generating shareholder returns, despite calls by President Donald Trump to 'drill, baby, drill.'Big Oil begins reporting fourth-quarter results this week…
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count…
ExxonMobil and Qatar Energy on Friday began exploratory drilling for natural gas in a prospect west of Cyprus, Cyprus President Nikos Christodoulides said on X.The east Mediterranean has yielded some major gas discoveries in recent years, and…
Saudi oil and gas drilling contractor ADES Holding has secured a $21.8 million drilling contract with Brittania-U for its Admarine 504 jack-up drilling rig, marking its first entry to the Nigerian offshore oil and gas sector.ADES and Admarine…
Orlen Upstream Norway has drilled a dry well as part of exploration campaign in the southern part of the Norwegian Sea.The wildcat well 6305/10-1 was the first exploration well in production license 1055, which was awarded in 2020 (Awards in predefined areas (APA) 2019)…
