Brazilian oil company PetroRio announced on Tuesday it entered into an agreement with U.K.-based Aquadrill to acquire the semi-submersible drilling rig Capricorn for $40 million.The Friede & Goldman ExD millennium design rig was delivered in…
A joint venture formed by Canada-based firms CGX Energy and Frontera Energy on Monday said results from a well drilled in Guyana's offshore Corentyne block showed the presence of light oil and gas condensate.'The joint venture encountered hydrocarbons in multiple zones…
Oil and gas company Neptune Energy said Tuesday it would spend more than $1 billion over the next five years 'securing energy supplies for the UK and speeding the transition to net zero.'The amount planned for investment includes capex and pre-development…
Offshore construction firm Lamprell said Tuesday it was engaged with an international rig operator for major upgrade work on three jack-up drilling rigs in readiness for their deployment in the Gulf region.The first of the rigs will arrive at Lamprell's Hamriyah quayside this month…
SapuraOMV has started drilling at the Kanga-1 well in the WA-412-P offshore license in Western Australia, Finder Energy, a partner in the project said Tuesday.The well is located in the Dampier Sub-basin, around 20 km east of the Mutineer/Exeter and Fletcher/Finucane oil fields…
Australian oil and gas company Karoon Energy has extended the contract for the use of Maersk Drilling's Maersk Developer semi-submersible drilling rig offshore Brazil.Karoon Energy has exercised its option to add the drilling of up to two wells…
Longboat Energy, an oil and gas company established in late 2019 by ex-Faroe Petroleum management team, has farmed into two near-term, gas-weighted exploration prospects offshore Norway, through an agreement with the Australian oil and gas company OMV…
Offshore drilling contractors Noble Corporation and Maersk Drilling are making progress with regards to the completion of their proposed merger transaction, as the UK Competition and Markets Authority said Monday it might accept the two companies' proposed solution to alleviate competition concerns…
Harsh environment offshore drilling services provider Dolphin Drilling has appointed Michael Boyd to the role of VP of Marketing, as the firm eyes further growth and boosts its presence in the North Sea market.Boyd, who first joined Dolphin…
Singapore-based rig builder Keppel Offshore & Marine has secured bareboat charter deals for two of its KFELS B Class rigs to be deployed in Saudi Arabia.The two rigs will be chartered by the drilling contractor ADES for a period of five years…
Oil and gas company Energean has made a commercial gas discovery offshore Israel using Stena Drilling's Stena IceMAX drillship.The company said Monday that the discovery was made at the Athena exploration well, Block 12, in the A, B and C sands…
Australian oil and gas company Western Gas, gearing up to start drilling at its promising Sasanof-1 prospect off W. Australia, has said that the mobilization of equipment to the Valaris MS-1 semisubmersible drilling rig has now started in preparation…
Japanese offshore drilling company Japan Drilling Co., Ltd. (JDC) has secured a contract for its Hakuryu-5 semi-submersible drilling rig in Malaysia.The offshore drilling contract, with Petronas Carigali, was secured through its agent in Malaysia…
Standard ETC, an Oslo-listed company previously known as Standard Drilling, has acquired 25% in offshore drilling operator Dolphin Drilling for USD 10 million through an equity issue.Martin Nes, Chairman of the Board of Directors of Standard…
Japanese oil and gas company INPEX has started exploratory drilling operations offshore Japan.The company said that the drilling had started offshore Shimane and Yamaguchi prefectures in Japan on May 5, 2022.The project involves conducting exploratory…
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