The North Sea jack-up rig market has been out of the limelight lately, overshadowed by increased contracting activity in the semi-submersible rig market, resulting in the departure of some of these units from the region. As the North Sea outlook remains soft…
Offshore drilling company Dolphin Drilling said Thursday it was announced as the lowest bidder in Oil India offshore drilling rig tender.The tender is for a 14-month firm contract + 7-month option periods.The Borgland Dolphin semi-submersible…
Offshore drilling company Transocean said Thursday it had secured a three-year contract for the newbuild ultra-deepwater drillship Deepwater Aquila with 'a national oil company' for work offshore Brazil. The contract is expected to start in…
France's TotalEnergies will start drilling at the Fenix field off the southern Argentine province of Tierra del Fuego in March 2024, and expects to start production the following November, Vice President Catherine Remy said.The $700 million…
Oil and gas driller ADES Holding is expected to price its initial public offering (IPO) at the top of a range announced this week, one of the banks on the deal said on Thursday.The company backed by Saudi Arabia's PIF sovereign wealth fund is expected to price its shares at 13…
Guyana on Wednesday received bids for eight of 14 offshore oil and gas exploration blocks offered in its first auction, including from groups formed by Exxon Mobil and TotalEnergies, according to the government and documents seen by Reuters…
The chief executive of French oil major TotalEnergies will meet Suriname's President Chan Santokhi on Wednesday to discuss a promising oil project that could inaugurate the South American country's offshore production.Suriname's Foreign Affairs…
Longboat Energy, an E&P company active in Norway and Malaysia, has agreed to acquire privately held Topaz Number One Limited ('Topaz'), increasing its working interest in the Production Sharing Contract over Block 2A offshore Sarawak, Malaysia ('Block 2A') to 52…
Oil and gas company BW Energy has brought online the fourth well of the Hibiscus / Ruche Phase 1 development in the Dussafu licence offshore Gabon. 'Well performance is in line with expectations with current production at approximately 6,500 barrels per day…
Drillship-owning firm Deep Value Driller AS has delivered its 7th generation drillship 'Deep Value Driller' to Saipem under a bareboat charter deal signed earlier this year.Saipem has chartered the drillship for an estimated firm period of three years…
Offshore drilling company on Monday announced new drilling contracts worth $65 million in total, excluding lump sum payments such as mobilization fees and capital reimbursements.These contracts were awarded after the company issued its most recent fleet status report on August 1…
Ukrainian forces have regained control from Russia of several gas and oil offshore drilling platforms close to Crimea, Ukraine's military intelligence (GUR) said on Monday.It said on the Telegram messaging app that Kyiv's forces had retaken…
Oil and gas driller ADES Holding, backed by Saudi Arabia's sovereign wealth fund, began marketing its initial public offering on Sunday, seeking 12.50 riyals to 13.50 riyals a share.ADES plans to raise as much as 4.57 billion riyals ($1.22 billion)…
Gulf of Mexico-focused oil and gas exploration firm Arena Energy and drilling contractor White Fleet Drilling recently christened and mobilized a refurbished jack-up drilling rig in the U.S. Gulf of Mexico. White Fleet, Arena's strategic partner…
Energy companies Chevron and Repsol decided to quit offshore oil and gas exploration areas in Mexico, the regulator for the sector said on Thursday, joining more than a dozen other companies after disappointing results.Both had won the blocks in the Gulf of Mexico in a tender process…