Offshore energy industry services firm Three60 Energy has said it has secured a significant contract with the oil major BP for the provision of well engineering services across BP's global operations.The five-year Global Service Agreement, effective June 1…
Guyana is looking at awarding oil and gas exploration blocks to Indian companies as part of a broader hydrocarbon cooperation it is negotiating with India, the South American nation's president said on Thursday.Guyana, home to one of the largest oil discoveries in the last decade…
Welligence expects global offshore exploration drilling activity in 2023 to remain relatively steady year-on-year, with the majors driving much of the activity in their core regions. Two areas with big impact potential - the Atlantic Basin and…
The Norwegian oil and gas company Aker BP said Thursday it had entered into drilling and wells alliance agreements with offshore drilling firms Noble Corporation, Odfjell Drilling, and oilfield services giant Halliburton. The jack-up rig alliance comprises Noble…
Europa Oil & Gas, a company that owns an offshore block in Ireland containing what it says is the 'significant' Inishkea gas prospect, has hired advisors to help it find a partner to drill at the prospect.Europa has engaged Llamas and Bannister…
Oil major Shell, which is currently drilling the high-impact Pensacola well in the UK North Sea, has encountered gas at the site's reservoir and has recommended to its partners Deltic and One Dyas that a full well testing program be undertaken…
Egypt has assigned ExxonMobil oil and gas exploration rights to two offshore blocks in the outer Nile Delta, according to a company statement on Tuesday.The company's Egyptian subsidiary will operate both blocks and hold 100% interest, with exploration activities expected to start this year…
Norway has awarded 47 new offshore oil and gas exploration permits to 25 firms in its latest mature areas licensing round, the energy minister said on Tuesday. 'Today's award is an important contribution to ensuring that Norway remains a safe and predictable supplier of oil and gas to Europe…
Jack-up rig specialist Shelf Drilling has won a one-year contract extension for the Trident 16 jack-up rig in Egypt.The contract will be in direct continuation of the rig's current term with Belayim Petroleum Company (“Petrobel”) for operations in the Gulf of Suez…
Dolphin Drilling's semi-submersible drilling rig, the Blackford Dolphin, has received a letter of award for additional work in Nigeria.This additional work will take effect in direct continuation of the previously announced $96 million contract with General Hydrocarbon Limited (GHL)…
Offshore drilling company Transocean is looking to raise $500 million through a private offering of senior secured notes due in 2028. The offshore drilling contractor said Monday that its subsidiary, Transocean Titan Financing Limited (“Transocean Titan”)…
Oil and gas company BW Energy has started drilling the first production well on the Hibiscus / Ruche Phase 1 development in the Dussafu Block offshore Gabon. The company said Monday that drilling operations had started in the first week of January…
Offshore drilling rig owner Shelf Drilling has signed a three-year contract for the Trident II jack-up rig with the Indian national oil company ONGC.The contract covers the operation of the Trident II rig in the Mumbai High area, off the coast of India…
Norwegian offshore drilling firm Island Drilling announced on Thursday that Dana Petroleum has exercised its option to extend the Island Innovator drilling rig’s assignment in the U.K.The option prolongs an initial 80-day, three-well contract…
Murphy Oil Corp said on Friday it failed to encounter commercial hydrocarbons after concluding drilling at a well in Block 5 of the Salina Basin offshore Mexico.The company is the operator and holds a 40% working interest in Block 5, while Malaysia's…
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