Eco-Atlantic hasn't found any hydrocarbons in the Gazania-1 exploration well, which is located off the coast of South Africa. The well was drilled in about 150 meters of water, is located 25 kilometers offshore the Northern Cape in the Orange Basin…
Offshore drilling contractor Transocean said Thursday that it had together with Perestroika and funds managed by Lime Rock Management L.P created a joint venture, Liquila Ventures.Liquila Ventures agreed with Daewoo Shipbuilding & Marine Engineering Co…
Offshore drilling company Seadrill on Thursday started trading on the main list of the Oslo Stock Exchange, having uplisted from Euronext Expand. Also, back in October, Seadrill Limited also received approval to relist its common shares on the New York Stock Exchange (“NYSE”)…
Turkey's Black Sea gas field is on track to go online next year as promised and work has sped up to connect it to the national infrastructure, President Tayyip Erdogan said on Saturday.Addressing a natural gas pipeline opening in the northern Kastamonu province…
Oil and gas exploration is likely to continue to have an important role in the decades to come, a view reinforced by the 2022 energy crisis and growing energy security needs, according to energy intelligence group Westwood.In the offshore drilling space…
Trinidad and Tobago's Cabinet will make a decision soon on bids submitted for four deepwater exploration blocks that are key to expanding its natural gas production, Energy Minister Stuart Young said. The Caribbean country earlier this year…
UK North Sea-focused oil and gas company Serica Energy has extended its contract with Odfjell Technology for the provision of storage, preservation, maintenance, and drilling services on the North Sea Bruce platform.Kurt Meinert Fjell, Odfjell Technology…
Oil and gas company Neptune Energy said Wednesday it had found hydrocarbons in the Calypso exploration well in the Norwegian Sea. The well is located within the Neptune-operated PL938 license.'Having entered the reservoir, logs proved the presence of hydrocarbons…
The Norwegian offshore oil and gas safety regulator, Petroleum Safety Authority Norway (PSA), has launched an investigation into an incident involving serious personal injury on the Linus jack-up drilling rig on November 10, 2022.'An incident…
Japan plans to resume public auctions for offshore wind power projects in December under revised rules aimed at encouraging a wider range of operators and accelerating the development of infrastructure, the industry ministry said on Tuesday…
The UK North Sea still has a lot to offer when it comes to oil and gas reserves yet to be produced. However, unpredictable fiscal conditions are denting the confidence of offshore energy-producing companies to invest and revitalize oil and gas exploration activity…
The availability of emission-lowering upgrades for offshore rigs has been on the rise, but adoption of these new technologies is slow outside of Norway and the US Gulf of Mexico due to limited regulatory and financial incentives, energy intelligence group Westwood has found…
The UK-based offshore energy industry regulator, the North Sea Transition Authority (NSTA), said Monday it had opened an investigation into an operator suspected of breaching one of its license conditions.The investigation will look into whether…
French oil major TotalEnergies and its Italian partner Eni have signed a framework agreement with Israel to implement the agreement on the maritime boundary, which was reached between Israel and Lebanon on October 27, 2022.In Lebanon, TotalEnergies is the operator of the exploration Block 9…
Italian energy industry services firm Saipem said Wednesday it had secured new offshore drilling contracts, three in the Middle East and two in West Africa, worth around $800 million in total. In the Middle East, two new contracts have been awarded for two high-specification jack-up drilling units…
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