Oil And Gas News


Enhanced Drilling Wins Equinor Contract for Norwegian Ops

Feb 22, 2024

Enhanced Drilling has secured a five-year frame agreement with Equinor to provide its subsea technologies to be used for operations on the Norwegian Continental Shelf.The frame agreement is the first in its kind for Enhanced Drilling, and covers all technologies in its product portfolio…

Perenco Spuds Appraisal Well Offshore Gabon

Feb 22, 2024

Perenco Oil & Gas Gabon (POGG) has started drilling an appraisal well in the vicinity of the Hylia South West discovery offshore Gabon, using Dixstone’s BANBA jack-up rig.The field was discovered in December 2022 through the exploration well…

EnergyPathways Gets Subsea Support for Low-Emission Gas Field in Irish Sea

Feb 22, 2024

Mermaid Subsea Services has signed a Memorandum of Understanding (MoU) with EnergyPathways and MCS Group, through its UK subsidiary MCS Subsea Solutions, to advance the development of the Marram field.Under the terms of the MoU signed on February 9…

Baker Hughes Grabs Petrobras’ Well Construction Job at Búzios Field

Feb 21, 2024

U.S. oilfield services giant Baker Hughes has secured a ‘significant contract’ from Petrobras for integrated well construction services in the Búzios field, offshore Brazil.The integrated services project is set to start in the first half of 2025 and will include drilling services…

Equinor Granted Permission to Drill Wildcat Well in Barents Sea

Feb 21, 2024

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Barents Sea, to be conducted with Transocean Enabler semi-submersible drilling rig.The permit is for the 7220/2-2 exploration well in production license 1080…

KCA Deutag Secures Contract Extension with Vår Energi on North Sea Platform

Feb 21, 2024

Oil and gas drilling services company KCA Deutag has secured a two-year contract extension for the provision of offshore drilling and maintenance services on the Ringhorne platform in the Norwegian North Sea from operator Vår Energi.The award…

Finder Energy Granted License Extension Offshore Western Australia

Feb 20, 2024

Australian oil and gas company Finder Energy has secured a license extension for its WA-547-P development, located in the prolific Dorado play trend in the Northern Carnarvon Basin offshore Western Australia.Finder Energy has been granted a…

UK Logistics Firm Gets BP’s Job Across 16 Sites Offshore Trinidad

Feb 20, 2024

Material management and logistics provider ASCO has secured a five-year contract with BP Trinidad and Tobago to provide its services across 16 offshore locations in Trinidad.Under the contract, which came into effect at the start of 2024, ASCO…

Esgian Week 7 Report: Earnings Season Starts

Feb 18, 2024

Esgian has released its Week 7 Rig Analytics Market Roundup saying “The earnings season for offshore drilling contractors is officially open following Odfjell Drilling's quarterly report on Thursday. Additionally, new contract awards have been confirmed for Borr Drilling…

Equinor Drills Dry Well in North Sea

Feb 16, 2024

Norwegian energy giant Equinor has drilled a dry exploration well in the North Sea offshore Norway.The exploration well 35/11-28 in the North Sea, part of 258 C license, has proved to be dry, according to the Norwegian Offshore Directorate.The…

TechnipFMC to Supply Subsea Systems for Shell’s Sparta Development

Feb 16, 2024

Oilfield services company TechnipFMC has been awarded a ‘substantial contract’ by Shell for the supply of subsea production systems for Sparta development in the Gulf of Mexico.This will be the first integrated engineering, procurement, construction…

Noble Resolute Rig on Extended Stay in North Sea

Feb 14, 2024

Offshore drilling contractor Noble Corporation has secured contract extension for its harsh-environment jack-up rig Noble Resolute in the North Sea.The contract extension for Noble Resolute comes from Petrogas E&P Netherlands, part of Oman-based Petrogas E&P…

Vår Energi Comes Up Dry in Norwegian North Sea

Feb 14, 2024

Norwegian oil and gas company Vår Energi has drilled two wells in the North Sea offshore Norway, both of which were dry.The wells 25/7-12 S and A, were drilled in production license 917, 200 kilometers northwest of Stavanger, that was awarded in 2017…

ADNOC and BP to Form Gas Joint Venture in Egypt

Feb 14, 2024

BP and Abu Dhabi National Oil Company (ADNOC) have made an agreement to form a new joint venture (JV) that will focus initially on development of gas interests in Egypt.The JV (51% BP and 49% ADNOC) will combine the pair’s deep technical capabilities…

DeepOcean Gets ExxonMobil’s Guyana Task

Feb 14, 2024

Ocean services provider DeepOcean has been awarded a contract by ExxonMobil Guyana for the provision of subsea construction and inspection, maintenance, and repair (IMR) services offshore Guyana in South America.Under the contract, DeepOcean will plan and execute a wide range of subsea activities…

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