Norwegian offshore drilling contractor Odfjell Drilling said Monday that Equinor had exercised its priced options for Odfjell's Deepsea Atlantic semi-submersible drilling rig.Under the extension to drill five additional wells on the Johan Sverdrup Phase 2 field development in the North Sea…
Europa Oil & Gas has decided to give up its Inezgane license offshore Morocco after failing to secure a farm-in partner to drill an exploration well in the block.The Moroccan authorities had, in October 2020, given the company more time to complete the technical work program at the license…
Malaysian offshore services provider Icon Offshore has completed the sale of its Perisai Pacific 101 jackup drilling rig to ADES.The 2014-built rig was sold to ADES for $85 million in cash and the disposal of the rig was completed on November 22…
Singapore's Keppel Offshore & Marine has delivered the first of three newbuild jack-up drilling rigs to UAE-based ADNOC Drilling.The three rigs were part of a series of five rigs that Keppel FELS had been building for Borr Drilling. Keppel O&M…
Australian oil and gas company Karoon Energy has drilled the second of two new production wells at its Patola field offshore Brazil, and the company says the reservoir quality is better than predicted.The company said that the well - PAT-2- has been successfully drilled to a total depth of 2…
Indonesia's energy ministry launched a bidding round on four oil and gas blocks on Wednesday, as the country seek more investments in its upstream oil and gas sector, the ministry said in a statement.Southeast Asia's biggest economy set a target…
China-based CIMC’s Asset Management Company has secured three-year contract extensions for two jack-up drilling rigs in Mexico.The rigs, Gulf Driller VI and Gulf Driller VIII , will continue working for the Mexican national oil company Pemex…
Aquadrill, formerly Seadrill Partners, has agreed to supply its Capella drillship for a four-well firm contract, plus two priced and three mutually agreed upon optional wells, for operations in Indonesia.The firm part of the contract is expected to have a total value of about $138 million…
Oil major Shell has spudded the Pensacola well in the UK North Sea, Deltic Energy, Shell's partner in the offshore license, has informed.Graham Swindells, Chief Executive of Deltic Energy, said: 'We are excited to have commenced the well operations…
Saudi Arabian national oil company Saudi Aramco saod Tuedsay it had signed signed 59 corporate procurement agreements (CPAs) with 51 local and global manufacturers, including oilfield services majors Baker Hughes, Halliburton, SLB, and TechnipFMC…
Offshore drilling contractor Valaris announced on Monday that its drillship VALARIS DS-12 has been awarded a contract to drill four wells for BP offshore Egypt.The contract is expected to commence late in the third quarter or early in the fourth…
Offshore drilling company Noble Corporation said Monday that its recently acquired Noble Resolve jack-up rig was preparing to carry out the first-ever CO2 storage under the Danish North Sea seabed as part of Project Greensand.The rig, formerly known as Maersk Resolve…
UAE-based offshore drilling contractor ADNOC Drilling said Monday it had agreed to buy three 'brand new' premium offshore jack-up drilling rigs for $320 million, 'with further acquisitions in the pipeline.'The company said the rigs would meet…
Saudi Arabia's sovereign wealth fund is planning an initial public offering (IPO) of oil and gas drilling firm ADES International in Riyadh next year that could fetch more than $1 billion, according to two sources who declined to be identified as the matter is not public…
Oslo-listed offshore drilling company Shelf Drilling has secured a contract extension for its Shelf Drilling Tenacious jack-up rig.The contract is in direct continuation of its current contract for drilling operations offshore Angola until November 2023…