Norwegian oil and gas firm Equinor is planning to drill new wells at its Martin Linge development in the North Sea, after discovering that several previously drilled wells do not have the necessary barriers and that bringing them online would not be safe…
Brazil's Petrobras has completed the Drill Stem Test (DST) in the area of the Júpiter Discovery Assessment Plan, located in the Santos Basin pre-salt, reporting excellent well productivity, but high CO2 content.The Jupiter area belongs to the BM-S-24 concession…
Offshore drilling contractor Borr Drilling has received a notice from the New York Stock Exchange informing it that the company is not in compliance with the continued listing standard.The notice is related to the minimum average share price…
French oil major Total has given up operatorship over five exploration blocks located in the Foz do Amazonas Basin, offshore Brazil.'Total announces that it has notified its partners on August 19 about its resignation from its role of operator for five exploration blocks…
Oil and gas company Spirit Energy has been awarded six new licenses in the UK North Sea as part of the UK's 32nd Offshore Licensing Round.Spirit was handed operatorship in three of the licenses; Medusa, Bucephalus and Cavendish N extension, and partnership in the remaining three…
ARO Drilling, a Saudi-focused offshore drilling joint venture between Valaris and Saudi Aramco, has appointed new CEO.The offshore drilling company said via social media that Derek Kent was named as its Chief Executive Officer. He succeeds Kelly McHenry…
Offshore drilling contractor Dolphin Drilling has won a drilling rig contract in Mexico with the country's national oil company Pemex.Dolphin Drilling said Tuesday the contract was for the Blackford Dolphin semi-submersible drilling rig. The value of the contract…
Offshore drilling contractor Stena Drilling said Tuesday that oil company Tullow had hired one of its drillships for drilling offshore Suriname.Tullow Oil has hired the Stena Forth drillship and will use it to drill one well in Block 47, located approximately 260 km north of the coast of Suriname…
Ireland's PSE Kinsale Energy has hired Stena Drilling's Stena Spey semi-submersible drilling rig for a decommissioning campaign at the Kinsale field offshore Ireland.To remind, Kinsale area offshore gas fields in the Celtic Sea officially ceased production last month after more than 40 years online…
E&P companies planning drilling campaigns in British waters next year could face a surprisingly small selection of semisubs to choose from due to ever-shrinking ready supply in the segment.Too many rigs and not enough work has been the norm…
Turkey said on Monday that its Oruc Reis exploration vessel will carry out seismic surveys in a disputed area of the eastern Mediterranean until Sept. 12, provoking an angry response from neighboring Greece.Turkey and Greece, NATO allies, vehemently…
Offshore drilling rig contractor Seadrill said on Monday it has proposed to creditors to turn over its stakes in oil services firms Archer and Seadrill Seabras to redeem its outstanding secured notes.The company controlled by Norwegian-born…
Major Energy Companies Jostling for Ground in the Montney, but Small Cap Calima Energy Stands Alone Calima Energy Limited’s (ASX: CE1) share price has more than doubled in the last month. However, based on developments within the group, merger and acquisition activity adjacent to its assets…
Danish offshore drilling company Maersk Drilling has won a long-term contract extension for its jack-up rig Maersk Convincer with Brunei Shell Petroleum in Brunei.Brunei Shell Petroleum has exercised its contract extension option that will see the jack-up drilling unit extend its stay in Brunei…
Oil and gas company Neptune Energy has extended the contract for the Deepsea Yantai semi-submersible offshore drilling rig.The rig, owned by China's CIMC and managed by the Norwegian drilling contractor Odfjell Drilling, was recently used to…