Brazilian offshore drilling company Ocyan said Friday it had signed a contract to operate oil company PRIO's West Capricorn semi-submersible drilling rig.PRIO (Petro Rio) bought the offshore drilling rig from the offshore drilling firm Aquadrill in June 2022…
QatarEnergy will join TotalEnergies and Eni in a three-way consortium to explore oil and gas in two maritime blocks off the coast of Lebanon, the Lebanese energy ministry said on Thursday.The announcement said agreements would be signed on Sunday…
Rig activity stood out in several regions in 2022, and there is no reason to expect anything different in 2023, Westwood Energy's Terry Childs writes.In 2022, offshore rig activity for both jack-ups and floating rigs was robust in several key regions of the world…
Energy producer Hess Corp. on Wednesday beat Wall Street estimates for fourth-quarter profit on higher crude prices, and said it had found more oil offshore Guyana.Western sanctions against major energy producer Russia and the decision of producer…
Offshore drilling firm Seadrill has appointed Ana Zambelli as a new board director.Zambelli has more than 20 years of experience in the energy services sector in operational, commercial and finance roles. She served as Chief Commercial Officer at Maersk Drilling…
U.S. oil and gas producer Hess Corp on Tuesday forecast higher Exploration & Production (E&P) capital and exploratory budget of $3.7 billion for 2023, of which more than 80% would be allocated to Guyana and North Dakota's Bakken shale field…
Oslo-based offshore vessel owner Atlantica Shipping has taken delivery of its fourth platform supply vessel.The company said in a social media post that it had expanded its fleet with the 2005 built UT 755L Atlantica Server.The vessel, previously…
Guyana is in talks with Qatar, Britain, the United Arab Emirates, and India on the possibility of directly allocating offshore blocks for oil and gas exploration in parallel with a bidding round this year, President Irfaan Ali said on Monday…
A CGX Energy Inc. and Frontera Energy Corporation consortium has started drilling the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana.To remind, under the Corentyne block license terms, the joint venture was previously required to spud Wei-1…
The Noble Resolve, a jack-up rig owned by Noble Corporation, has departed the Danish port of Esbjerg and is headed for the Nini West Field in the Danish North Sea. Even though the rig is typically employed in offshore oil and gas drilling, this particular job will be different…
Britain's opposition leader Keir Starmer said on Thursday there would be no investment in new oil and gas fields in Britain under a Labour government - a big change from current UK energy policies.Starmer said during a panel discussion at the…
Shallow water drilling contractor Borr Drilling said Friday its jack-up drilling rig 'Ran' had secured a Letter of Award from an unnamed client for work in Latin America.The award will cover drilling two offshore wells, with an estimated duration…
TotalEnergies has decided to drill the 'highly prospective' Benriach well in the Laggan Tormore area, west of Shetland, UK.The news was shared by TotalEnergies partner Kistos, which last year acquired a 20% stake in the Greater Laggan Area producing offshore gas fields…
Guyana's upcoming bidding round for offshore areas has caught the interest of top energy companies from Asia to Europe, according to people familiar with the matter, even as the government continues to work out terms for the auction.The South…
The Norwegian oil and gas company Equinor Energi AS, operator of the production license 1128 offshore Norway, has concluded the drilling of wildcat well 6605/1-2 S and appraisal well 6605/1-2 A and made a gas discovery, the Norwegian Petroleum Directorate said Wednesday…