Jack-up drilling contractor Shelf Drilling has secured a one-year contract extension for the Rig 141 jack-up rig.The extension is with Gemsa Petroleum Company (“Gempetco”) and is for drilling in the Gulf of Suez, offshore Egypt, in direct continuation of the drilling rig's current term…
Norwegian oil and gas company Vår Energi said Thursday it had discovered oil at a well in the Barents Sea, north-west of Hammerfest, Norway.The company made the discovery while drilling the 7122/8-1S Countach well in PL229, near the Goliat production platform…
Norwegian oil firm Equinor said Thursday it had discovered oil and gas near its Troll field in the North Sea, offshore Norway.The discovery, named Røver Sør, is the seventh discovery in this area since the autumn of 2019.'According to preliminary…
U.S. oil producer APA Corp said on Wednesday that it had found oil after drilling the Sapakara South-2 (SPS-2) appraisal well in Block 58, offshore Suriname. Exploration off the South American country's coast has been watched closely as it is…
ONGC Videsh (OVL) Ltd, the overseas exploration arm of India's Oil and Natural Gas Corp, is looking for exploration and production investment opportunities in Africa and Latin America, such as in Ghana and Surinam, managing director Rajarshi Gupta said…
Shell's recent discovery at the Pensacola prospect could be 'one of the largest natural gas discoveries in the Southern North Sea in over a decade.' This is according to Deltic Energy, Shell's partner in the project, which said that Deltic pre…
Oil major BP has awarded a contract extension to Stena Drilling for the use of the Stena IceMAX drillship. Stena Drilling said Tuesday that, under the extension, the rig would move to the U.S. Gulf of Mexico, in direct continuation of the initial one-well…
Offshore drilling firm Diamond Offshore has informed that the Vela drillship has started its contract with Beacon Offshore.'After recently completing operations for Woodside Energy, the Diamond Offshore-managed, Aquadrill-owned 7th Generation…
A Canadian offshore oil regulator said on Friday that it has licensed a significant discovery by Equinor near the country's Atlantic coast. Global oil companies are pumping billions of dollars into offshore drilling because they can turn profits at lower prices than some onshore production…
Offshore drilling company Stena Drilling said Friday it had signed a drilling contract with the oil and gas company Ithaca Energy in the UK.The contract is for Stena Drilling's Stena Spey midwater semi-submersible drilling rig.Under the contract with Ithaca Energy…
Swedish company Echandia said on Friday that it had received an initial order for battery systems that will help a jack-up drilling rig in the Middle East reduce emissions and use energy more efficiently.According to the company, hybridization…
Austrian company OMV said Friday that drilling of the Eirik exploration well in the Norwegian section of the North Sea had begun.As the owner of the production license (PL) 817 where the well is located, OMV is using the semi-submersible drilling rig Deepsea Yantai…
Malaysian offshore drilling contractor Velesto Drilling has received a letter of award from Rock Oil for the provision of jack-up drilling services. The contract is for Velesto's jack-up drilling rig NAGA 2. The contract is worth $14 million…
Offshore drilling contractor Transocean said Tuesday it had secured a long-term deal for one of its ultra-deepwater drillships.The contract, awarded by 'a national oil company' for work offshore Brazil, is for the ultra-deepwater drillship, Dhirubhai Deepwater KG2…
Oil and gas company Neptune Energy and its partner, Spirit Energy, said Wednesday that production had started from the tenth well at the Cygnus gas field in the southern North Sea, offshore the UK.Neptune said that the start-up of the well unlocked additional supplies for UK homes and businesses…
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