Danish offshore drilling firm Maersk Drilling has upgraded its financial guidance for 2021 on the back of solid rig performance and contract extensions.'During the first two months of Q4 2021, Maersk Drilling has delivered strong performance…
Canadian-based firm Frontera Energy, the majority owner of CGX Energy and its partner in the Corentyne Block offshore Guyana, has informed that the Kawa-1 exploration well, spudded in the block in August, has encountered hydrocarbon presence…
An offshore oil block in Ivory Coast controlled by Eni is expected to enter production in the second quarter of 2023 with daily output of 12,000 barrels of oil and 17.5 million cubic feet of gas, the Ivorian government said on Wednesday.Production will then ramp up in 2026 to between 75…
Stena Drilling's semi-submersible drilling rig Stena Don has arrived in Morrocan waters where it will immediately start drilling at Chariot's Anchois gas development in the Lixus license.Operations to drill the Anchois-2 gas appraisal & exploration…
Equinor will drill more oil and gas exploration wells off its native Norway in 2022 than this year to help sustain the company's future cash flow, a senior executive said on Tuesday.The majority state-owned company plans to drill 25 exploration well in Norway…
UK-based oil and gas company IOG is set to start drilling at the Southwark offshore field in the UK North Sea after a two-month hiatus caused by a problem with one of the offshore drilling rig's legs.IOG is focused on developing its Southern North Sea gas fields at the Saturn Banks Project…
Offshore drilling solutions provider HMH has been awarded the contract to deliver a pressure control system to Guangzhou Marine Geological Survey (GMGS) drillship.The system will comprise of a blowout preventer (BOP) stack, including the new SeaONYX V…
Offshore drilling company Seadrill Limited has secured a contract for the West Jupiter drillship with Brazil's Petrobras for work in the Búzios field offshore Brazil. The contract is for a firm term of 1,040 days with the start-up slated for December 2022…
Vaalco Energy has started its 2021/2022 drilling campaign offshore Gabon with the Etame 8H-ST well spud.Vaalco said Monday it had recently deployed a Borr Drilling jack-up rig at the Etame platform and started activities on the Etame 8H-ST development…
Australian oil and gas firm Carnarvon Energy expects to spud its Buffalo-10 well in the Timor Sea in late December and not in mid-December as previously expected.The company said Monday that the Valaris JU-107 jack-up drilling rig was 'still on its current operations…
Oil major Shell has this week announced 'a material' discovery at the Blacktip North prospect in the U.S. Gulf of Mexico, ~220 miles SSE of Houston. Blacktip North is located in OCS block Alaminos Canyon (AC) 336, approximately 4.5 miles northeast of the recently appraised Blacktip discovery…
The Norwegian offshore oil and gas safety regulator PSA Norway has granted Lundin Energy Norway consent to drill an exploration well in block 6306/9 in the Norwegian sea.Lundin Energy will use Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig for the operation…
Polish oil firm PGNiG has drilled a dry well in the production licence 937, in the Norwegian Sea.The well, formally named 'Well 6306/3-1 S' - the Fat Canyon Prospect - was drilled using Dolphin Drilling's Borgland Dolphin semi-submersible drilling rig…
Offshore drilling company Valaris has appointed Anton Dibowitz as President and Chief Executive Officer.Dibowitz, a former Seadrill CEO, has been serving as interim President and Chief Executive Officer of Valaris since September 3, 2021, after the previous CEO Tom Burke stepped down…
FAR, an Australian oil and gas company that began drilling at the Bambo-1 exploratory well in Block A2 off the coast of The Gambia last month, said Monday the well had encountered oil traces but would have to be plugged and side-tracked after…
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