Danish offshore drilling firm Maersk Drilling has secured a two-well contract extension for one of its drilling rigs in Brazil.The contract, for the Maersk Developer semi-submersible drilling rig, is with Karoon Energy, which on Thursday announced…
Norwegian oil and gas firm Equinor has drilled a dry exploration well near the Wisting discovery in the Barents Sea, offshore Norway.According to the Norwegian Petroleum Directorate, the exploration target of the well was to prove petroleum…
Offshore drilling firm Valaris said Wednesday it had won a contract extension for one of its jack-up drilling rigs with Norway-based oil company Equinor.The contract is for the Valaris JU-291 jack-up drilling unit, formerly known as the Rowan Stavanger…
A landmark lawsuit filed against Guyana's government, arguing that oil production fuels climate change, could bolster legal action as court cases involving energy companies and state authorities surge, according to lawyers and environmentalists…
Oil and gas drilling and engineering firm KCA Deutag said Wednesday it had secured $550 million worth of platform drilling contracts.KCA Deutag said the deals added 13 years to its contract backlog. According to the company, the agreements include…
Turkish President Tayyip Erdogan said late on Tuesday he would announce 'good news' regarding natural gas reserves in the Black Sea on Friday.In one of the world's biggest finds last year, Turkey said it discovered 405 billion cubic meters of natural gas in the Black Sea's Sakarya field…
Thousands of new oil wells and hundreds of new oilfields will be needed to meet global demand even if it falls sharply towards the middle of the century, Oslo-based consultancy Rystad Energy said last Friday.Its analysis stands in sharp contrast…
Offshore drilling rig owner Valaris said Tuesday it had won a drillship contract with TotalEnergies in Ivory Coast.The contract is for the ultra-deepwater drillship Valaris DS-12. Total E&P Côte d'Ivoire B.V, an Ivory Coast subsidiary of the…
Energy industry software solutions provider AGR Software has agreed to acquire the Deloitte Digital portfolio application ‘RIG’ for digital rig scheduling.'The acquisition will expand AGR Software’s portfolio of applications which enable game…
Naga 7, a jack-up drilling rig that sank earlier in May while gearing up to start drilling for ConocoPhillips off Malaysia, remains sunken at the location, Velesto, the owner said Monday, adding that it has sent a notice of abandonment to the insurers…
Norwegian oil firm Equinor has been granted drilling permission for an exploration well in the Norwegian Sea.Equinor will use Seadrill's West Hercules semi-submersible drilling rig for the operation in the production licence 939. The well, designated well 6407/1-9 (Egyptian Vulture)…
Offshore drilling company Seadrill Limited said Monday that Glen Ole Rødland had informed it he would be stepping down from the Board 'with immediate effect.'Glen Ole Rødland has been Chairman at Seadrill since November 2019. 'The Board would…
Oil and gas companies Equinor and Aker BP have received drilling permits from the Norwegian Petroleum Directorate to drill wells in the Norwegian Sea and the Barents Sea, respectively.Under the NPD permit announced Friday, Aker BP will, using…
Offshore drilling company Seadrill Limited has this week appointed a new chief financial officer and a new chief operating officer, as well as announced the appointment of a new director to its board.Oslo-listed offshore drilling firm said on…
Oil major BP, oilfield services firm Baker Hughes, and offshore drilling contractor Odfjell Drilling, have struck a deal together to transform platform drilling and completions activity at the BP-operated Clair oil field, offshore the UK.Located 75km west of the Shetland Islands…
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