Malaysian offshore drilling firm Velesto said Wednesday it had completed 'the offline capabilities upgrading works' for NAGA 5 and NAGA 6, making the two rigs - the first Malaysian jack-up drilling rigs to be equipped with offline capabilities…
Marine survey specialist TDI-Brooks said Tuesday it had brought online a shallow water (<75-m) pneumatic vibracore (pVC) to supplement its other electric VC options (Feritech FT550 and Rossfelder P-5). According to the company, the pVC is a lightweight (4…
Oil and gas company Afentra plc, led by former Tullow CEO Paul McDade, has agreed to buy interests in two shallow-water offshore blocks in Angola from the Croatian oil company INA - Industrija Nafte.To remind, Afentra in April agreed to buy a 20% non-operated interest in Block 3/05…
Offshore drilling contractor Borr Drilling has secured a binding Letter of Award for its jack-up drilling rig Mist.The deal is with the Abu Dhabi-based Mubadala Petroleum for drilling in Thailand. The contract length has an estimated duration of 210 days…
First gas has started flowing from DeNovo Energy's Zandolie field offshore Trinidad & Tobago, developed using a wind- and solar-powered unmanned platform.Zandolie, which took $52 million to develop, is DeNovo's second offshore field development…
Shell's Edinburgh exploration well (30/14a-5) drilled in offshore UK license P255 has failed to encounter commercial quantities of hydrocarbons and is being plugged and abandoned.The news was shared by DNO, the Norwegian oil and gas company…
Black Sea-focused oil and gas company Trillion Energy International said this week that its 49% cost share for the Black Sea drilling program was fully funded, as the company completed capital raises totaling CDN$ 40.4 Million (USD$32million) year-to-date…
Shell UK Ltd has awarded Maersk Drilling a contract to supply the harsh-environment jack-up rig Maersk Resilient for the drilling of the Pensacola well in the UK part of the North Sea.The contract is scheduled to begin in the second half of 2022…
U.S. Gulf of Mexico-focused oil and gas company LLOG Exploration said Tuesday it had recently kicked off production from its Spruance field, located offshore Louisiana.The two-well subsea development is located in Ewing Bank (“EW”) Blocks 877 and 921 in the U…
Jack-up drilling rig specialist Shelf Drilling has agreed to buy the Deep Driller 7 jack-up drilling rig from the Indian offshore drilling company Aban Offshore. Shelf Drilling will pay $30 million for the 2008-built jack-up drilling unit. The rig is of Baker Marine Pacific Class 375 design…
Shallow water offshore drilling contractor Shelf Drilling has secured a contract extension for its Shelf Drilling Achiever jack-up drilling rig in Saudi Arabia.The rig, of the GustoMSC CJ46-X100-D 350 design, had a contract with Saudi Aramco running until December 2022…
VAALCO Energy on Monday announced the successful drilling of the South Tchibala 1HB-ST well, offshore Gabon. The well was drilled from the Avouma platform in the Etame field, offshore Gabon. The company said it had discovered significant columns of multiple hydrocarbon-bearing sands in the Dentale…
Philippines ports and gaming tycoon Enrique Razon is acquiring a majority stake in a South China Sea gas field from a close ally of outgoing President Rodrigo Duterte, a move seen benefitting his oil exploration franchise on the Reed Bank.Razon's…
Vantage Drilling has completed the sale of three jack-up drilling rigs to ADES, through the sale if its subsidiary Emerald Driller Company (“EDC”).ADES acquired EDC for $170,000,000 in cash, together with an additional $34 million in cash in…
UK-based oilfield solutions company Oil Plus has said it has secured two produced water-related projects in Qatar worth $450,000 in total. Oil Plus will deliver a Pre-FEED oil and water analysis for Qatar Energy, and a water injection study…