Serica Energy, UK oil and gas company operating mainly in the North Sea, said that the Rowallan well was drilled down to a depth of 4,641 metres and after an unsuccessful result, it will now be plugged and abandoned.It encountered a 182-metre…
Equatorial Guinea, one of Africa's top natural gas producers, is struggling with the reality of dwindling oil and gas resources and the hurdle of attracting financing for the monetization of the current output from its offshore fields.The country…
A.P. Moller-Maersk spun off its oil and gas drilling unit and listed it separately on the Copenhagen stock exchange on Thursday, where it was traded slightly below the book value it had in Maersk's own accounts.The demerger is a part of the…
Norwegian multinational energy company Equinor has concluded the drilling of wildcat well 36/1-3 in production licence 885 in the northern part of the North Sea offshore Norway. The well was dry, the Norwegian Petroleum Directorate (NPD) said…
Based on geological studies that point to great potential for ultra-deepwater pre-salt oil reserves beyond its exclusive economic zone (EEZ), the Brazilian government is considering offering for the first-time exploratory blocks beyond the limits…
Denmark based drilling rig operator Maersk Drilling said on Wednesday it has secured a long-term contract for its ultra-deepwater semisubmersible Mærsk Deliverer, for drilling at the Ichthys gas and condensate field in the Browse Basin offshore Western Australia…
Lukoil has signed a contract with the Ministry of Energy of the Republic of Kazakhstan and KazMunayGas for hydrocarbon exploration and development of the Zhenis block in Kazakhstan's sector of Caspian Sea, Russia's second-largest oil producer announced on Wednesday…
Asia Pacific focused independent oil and gas company Jadestone Energy said drilling operations have resumed at the Stag oilfield offshore Australia in the wake of tropical cyclone Veronica.Following the weakening of the tropical cyclone, personnel…
Equinor has drilled a dry well in the Gjoekaasen Deep prospect in the southeastern part of the Barents Sea, the Norwegian Petroleum Directorate said on Tuesday.Wildcat well 7132/2-2 was drilled by the Seadrill drilling rig West Hercules about 175 kilometers north of Vardø…
Slovakia-based GA Drilling has received a boost to help develop, test and commercialize its innovative plug and abandonment (P&A) technology. The company has signed a £4.2 million ($4.7 million) funding agreement with Budapest based venture capital firm Lead Ventures…
Oregon Governor Kate Brown on Wednesday signed a bill indefinitely blocking offshore drilling in the U.S. west coast state's territorial waters as lawmakers from several coastal states move to close their shorelines to oil and gas exploration…
A U.S. appeals court on Thursday supported a lower court's finding that Italian oil producer Eni SpA breached a contract with offshore drilling contractor Transocean Ltd, but voided a $160 million damages award.A three-judge panel found the…
Partners Tullow Oil, Total and Eco Atlantic have chosen the Joe prospect for a second well in their much-watched Orinduik oil and gas field off Guyana's coast, Eco said on Friday.Eco earlier this month increased the estimate for the field to about 3…
Japan Drilling Co Ltd (JDC), the provider of offshore drilling contract services to oil and gas companies worldwide, has signed a drilling contract for its Hakuryu-11 jack-up rig with an unnamed client in Vietnam.According to an annoucement from the offshore drilling services company…
Cayman Islands-headquartered Shelf Drilling, the leading contractor of jack-up rigs, has won a three-year contract for one of its jack-up drilling rigs.The provider of shallow water drilling services to the oil and gas industry said in a press…
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