Equinor announced Thursday it has awarded COSL Offshore Management AS two contracts and will employ COSLPromoter and COSLInnovator on the Norwegian continental shelf.The COSLPromoter is already contracted to Equinor and will commence on the new contract in the first quarter of 2025…
Offshore drilling contractor Transocean announced it has been awarded a $222 million contract for one of its ultra-deepwater drillships to go to work offshore India.India's state-controlled Oil and Natural Gas Corporation Ltd awarded the binding…
An oil and gas industry trade group, the state of Louisiana and Chevron on Thursday sued the Biden administration over its decision to withdraw acreage from an upcoming oil and gas lease sale in the Gulf of Mexico to protect an endangered whale…
Drilling simulation technology provider Drilling Systems has launched a next-generation DrillSIM Downhole model to support realistic training for geothermal applications.The model is now implemented for the first time at the Drilling Simulator Celle…
Neptune Energy has started drilling operations at its operated Yakoot exploration well, located in the North West El Amal Concession in the southern Gulf of Suez, Egypt. It is the first operated well to be drilled by Neptune in Egypt.The North…
Allspeeds, manufacturer of Webtool hydraulic cutters, has supplied a downhole cutter for James Fisher Decommissioning’s SEABASS subsea well abandonment tool. The smallest Webtool steel wire cutter so far at just 172mm, it is tightly integrated…
Singaporean shipbuilder Seatrium New Energy, formerly Keppel FELS, on Tuesday announced it has delivered a new jackup rig to the UAE's ADNOC Drilling.The rig, named AlSila, is among five that Seatrium had been building for Borr Drilling. In 2022…
Top U.S. energy companies last year paid out more of their earnings to shareholders than they invested in new oil and gas fields for the first time, according to a report released on Tuesday.The outlook for stronger energy prices has not changed the focus on investor returns from the U…
The JOIDES Resolution embarks on Expedition 395 to understand the impacts of mantle plumes on deep ocean currentsThe world’s oceans, still largely unexplored, remain a treasure trove for scientists and researchers alike. Physical, chemical and…
Offshore drilling contractor Diamond Offshore announced its semisubmersible rig Ocean Apex has commenced a two-well drilling campaign for Woodside Energy in Australia.The rig recently underwent a five-year special periodic survey at the Seatrium…
Indian energy company ONGC Videsh has secured a three-year extension from Vietnam to explore 'Block 128' in the South China Sea, it said in a post on social messaging platform X, formerly known as Twitter.Conflicting territorial claims over…
Norwegian oil and gas firm Equinor has received consent from the Petroleum Safety Authority Norway for exploration drilling in the Norwegian Sea.The consent is for drilling in the production license 1058 for the JDE prospect (Well 6307/1-2 JDE)…
Norwegian oil company Equinor has discovered oil and gas in the North Sea, 130 kilometers northwest of Bergen, Norway, while drilling wells 35/11-26 S and 35/11-26 A.According to Equinor, this is the ninth successful well in this area in 12 attempts since 2019…
Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought, driven mainly by rising activity as well as cost inflation from a weaker crown currency, a national statistics office (SSB) survey showed on Thursday…
Exploration spending (excluding appraisal) will recover from historic lows to an average of $22 billion per annum in real terms over the next five years, according to a new report from Wood Mackenzie.Tailwinds from attractive exploration economics…