Offshore Drilling News - page 29


Shell's Court Battle Over S.Africa Offshore Exploration Delayed -Lawyer

Oct 18, 2023

A court case over whether to allow Shell to explore for oil and gas off South Africa's pristine Wild Coast has been delayed until next year, a lawyer for environmentalists said on Wednesday.Shell wants to overturn a decision by the Makanda High…

Dutch Firm to Design 2GW North Sea Offshore Wind Platform

Oct 18, 2023

Dutch offshore engineering company Iv-Offshore & Energy has signed a contract with Singapore-based construction firm Seatrium (ex-Sembcorp Marine) for the design of the 2GW IJmuiden Ver Beta platform, to be deployed in the North Sea, offshore the Netherlands…

Lebanon's Offshore Exploration Hits a Snag: No Hydrocarbon Discovery in Block 9 - Reuters

Oct 13, 2023

No hydrocarbon finds were made after exploratory drilling operations at Lebanon's offshore Block 9, two sources with direct knowledge of the matter told Reuters on Friday.Lebanon's energy minister and officials from the Lebanese Petroleum Administration declined to comment…

Van Oord Installs 62 Jacket Foundations at Saint-Brieuc Offshore Wind Farm

Oct 13, 2023

Dutch offshore installation firm Van Oord said Friday it had installed all 62 jacket foundations at the Saint-Brieuc offshore wind farm in France.The Saint-Brieuc offshore wind farm is being constructed in the Bay of Saint-Brieuc, 16.3 kilometers off the coast of Brittany…

Azule Energy Eyes 14% Production Boost. Plans 16 Offshore Wells Over Next Four Years

Oct 12, 2023

Angola's largest private oil and gas company Azule Energy plans to raise production by around 14% to 250,000 barrels per day (bpd) by 2026, its CEO said on Thursday, in a boost to the country's plans to turn around flagging output.Azule Energy…

Petrobras Expects to Drill near Amazon Mouth in 2024, says CEO

Oct 11, 2023

Brazil's state-run oil company Petrobras expects to do exploratory drilling next year near the mouth of the Amazon River, along the coast of the state of Amapa, Chief Executive Jean Paul Prates said on Wednesday.The region is part of Brazil's Equatorial Margin…

Kosmos Energy Makes Oil Discovery Near Lucius SPAR in U.S. GoM

Oct 11, 2023

Oil and gas company Kosmos Energy has made an oil discovery at the Tiberius exploration well in the U.S. Gulf of Mexico near the Occidental-operated Lucius SPAR production facility.According to Kosmos, the Tiberius exploration well tested a four-way structural trap in the outboard Wilcox trend…

Offshore Drilling in Lebanon's Block 9 Still Ongoing, Despite Border Clashes with Israel

Oct 11, 2023

Offshore drilling operations in Lebanon's Block 9 are still ongoing, despite recent land border clashes between Lebanon and Israel, Walid Fayad, Lebanon's energy minister, told Reuters.'It's in everyone's interest to continue as long as there are signs of stability…

EXPLAINER-What is the Balticconnector pipeline?

Oct 11, 2023

A subsea gas pipeline, the Balticconnector, connecting Finland and Estonia under the Baltic Sea has been likely damaged by 'outside activity', the Finnish government said on Tuesday.This is what is known so far:WHAT IS THE BALTICCONNECTOR?The…

Saudi-listed ADES Holding Shares Soar in Debut Despite Weak Market

Oct 11, 2023

Shares of oil and gas driller ADES Holding climbed almost 30% above its listing price on its market debut in Riyadh on Wednesday after raising $1.22 billion in an initial public offering last month. The shares outperformed the wider Saudi market…

Turan Drilling & Engineering Bags $300M Offshore Contract in Azerbaijan

Oct 10, 2023

Turan Drilling & Engineering has secured a contract extension with a value of $300 million, for the provision of offshore drilling operations and maintenance services in Azerbaijan.The two-year extension, effective from April 2024, will see the company…

Petrobras to Invest Some $300M to Drill Two Potiguar Basin Wells - Exec

Oct 03, 2023

Brazilian state-run oil group Petrobras plans to invest around $300 million to drill two exploratory wells in the deep waters of the Potiguar Basin after environmental licenses were issued last week, a top executive said in an interview.The…

Shelf Drilling Secures $93 Million Contracts for Jack-up Rig Duo in Nigeria

Oct 03, 2023

Shelf Drilling said Tuesday it had secured contracts for the Adriatic I and the Shelf Drilling Mentor jack-up rigs for operations offshore Nigeria for firm durations of 16 months and 8 months, respectively. The combined estimated contract value for the two rigs is approximately USD 93 million…

Neptune Energy Starts Drilling Ofelia Appraisal Well Offshore Norway

Oct 03, 2023

Neptune Energy has started drilling on the Ofelia appraisal well in the Norwegian sector of the North Sea.The Ofelia discovery (PL 929) was made in August 2022 and is located approximately 14 kilometers north of the Neptune-operated Gjøa field…

South Africa Gives go-ahead for TotalEnergies to Drill Offshore

Oct 03, 2023

South Africa's environment ministry has given the go-ahead for TotalEnergies TTEF.PA to drill offshore for gas and oil, after rejecting an appeal from more than a dozen individuals and lobby groups who intend challenging the decision.The appeal…

Current News

France Picks Ocean Winds for 250MW Floating Wind Farm in Mediterranean

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EDF, Maple Power to Develop 250MW Floating Wind Farm in France

Shell Shuts Down Oil Processing Unit in Singapore Due to Suspected Leak

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