Mexico's state oil company Pemex and a private consortium led by U.S.-based Talos Energy Inc have been instructed to come to an agreement detailing how they will jointly develop a large offshore oil find, the energy ministry said on Wednesday…
After the long, slow downturn that began in late 2014, this year was set to be better with many dormant regions resuming exploration and long-awaited development drilling programs going ahead. Then in mid-March, a double disaster struck as an oil price crash coincided with a global pandemic…
UK-based well engineering firm Fraser Well Management (FWM) has launched a new well operatorship division.'The new product line marks an evolution for the established well engineering and management specialist and aims to provide end-to-end…
U.S. Congressman Frank Pallone, Jr., the representative for New Jersey's 6th congressional district, announced that the House Democrats’ appropriations bill for the fiscal year 2021 would ban offshore drilling in the Atlantic Ocean. In May,…
Norwegian oil and gas company Equinor has discovered gas and condensate in the exploration well 30/2-5 S Atlantis, in the North Sea, offshore Norway.The discovery was made about 17 kilometers south of the Kvitebjørn field in the North Sea and 160 kilometers northwest of Bergen…
Classification and consultancy company ABS has provided a remote survey for steel certification at a steel mill, enabling Lamprell to continue work on jack-up drilling rigs, despite COVID-19 restrictions.Lamprell ordered 8855 MT of steel for…
Malaysian offshore services provider Icon Offshore is looking to buy the Perisai Pacific 101 offshore drilling rig from Perisai Petroleum Teknologi.Icon Offshore said Monday it was in negotiations with Perisai and its subsidiaries in relation…
Norwegian offshore drilling contractor Odfjell Drilling has signed a letter of intent with oil company Equinor for the use of its Deepsea Atlantic offshore drilling rig for the development of the Johan Sverdrup Phase 2 offshore Norway.The letter…
French major Total has been named the upstream industry’s most-admired explorer, an accolade awarded in conjunction with Wood Mackenzie’s annual Exploration Survey. Dr. Andrew Latham, Vice President, Global Exploration Research, at Wood Mackenzie…
Spirit Energy has failed to find hydrocarbons at a Barents Sea exploration well in the production license 719, offshore Norway.The Norwegian Petroleum Directorate said Monday morning that Spirit Energy had concluded the drilling of wildcat well 7321/8-2 S and that the well was dry…
Oil and gas firm Neptune Energy has struck hydrocarbons at its Dugong well in the Norwegian sector of the North Sea, just two weeks after the drilling started.'Upon entering the reservoir, logs and cuttings have identified hydrocarbons and a decision has been made to initiate coring…
U.S. oil company LLOG has chartered a Transocean drilling rig for the drilling of wells at the Shenandoah project in the Gulf of Mexico.The news was announced on Thursday by Navitas, LLOG's partner in the project (PDF in Hebrew), who said the contract was for four development wells…
Offshore drilling company COSL Drilling has signed a letter of intent with an unnamed operator for the use of its COSLInnovator semi-submersible drilling rig offshore Norway in 2021.'After being kept ready for operations over a longer period…
Offshore drilling company Transocean and Italian oil and gas firm Eni have settled a long-standing dispute over a drilling contract for the Deepwater Pathfinder drillship.The dispute was related to drilling services provided by Transocean to…
Jack-up drilling rig specialist Borr Drilling has regained compliance with the continued listing standard on the New York Stock Exchange, avoiding delisting risk.Borr Drilling said in May it had been informed by the NYSE that the company was…
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