Malaysian company Sapura Energy has agreed to sell three tender-assisted drilling rigs to NKD Maritime Limited for an aggregate cash consideration of $8,2 million.'The disposal of the rigs was carried out by way of tender exercise. Based on an informal market survey…
Trillion Energy International, an oil and gas company focused on the Turkish section of the Black Sea, said Monday that the Uranus jack-up drilling rig was being prepared to move to its SASB natural gas field. Once at the location the rig will be used for a multi-well drilling program…
Dutch company Huisman, best know for its offshore crane solutions, on Monday revealed its design for a 'green' harsh environment semi-submersible drilling rig, which promises to reduce costs and emissions of offshore drilling operations.According to Huisman…
TotalEnergies TTEF.PA of France and Italy's Eni ENI.MI on Monday announced a significant natural gas discovery at the Cronos-1 well off Cyprus.The island reported its first natural gas discovery, Aphrodite, in 2011, measuring around 4.5 trillion cubic feet (tcf) and now run by U…
Indian oil explorer and producer Oil and Natural Gas Corp said on Wednesday it signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil Corp for deepwater exploration in the country's East and West coasts.The two oil explorers…
A U.S. appeals court on Wednesday vacated a lower court's decision to block the Biden administration's pause on new oil and gas leasing on federal land and waters - a key piece of the president's climate change strategy - and sent the case back to that court for further proceedings…
Oil major Shell has made a gas discovery in ultra-deep waters in the southern Colombian Caribbean, its partner, Colombia-based oil company Ecopetrol, said.The Gorgon-2 well is located 70 kilometers off the coast and was drilled at a water depth of around 2…
Norwegian oil company Aker BP has made an oil and gas discovery 14 km northeast of the Skarv field in the Norwegian Sea and 220 kilometers west of Sandnessjøen, Norway.The wildcat well 6507/3-15 encountered an oil and gas column totaling about 115 meters in the Fangst and Båt groups…
The Norwegian Petroleum Directorate has granted a drilling permit to the Polish oil company PGNiG to drill an exploration well in the production license 1017, in the Norwegian Sea.PGNiG will use the CIMC Raffles-owned, Odfjell Drilling-managed…
Oil and gas company Eco Atlantic said Friday it expected to start drilling at its Gazania-1 well off South Africa in September, as the Island Innovator rig, owned by Island Drilling Company AS, was released and mobilized Friday. The Gazania-1 well is located in the Orange Basin in South Africa…
Denmark-based offshore drilling contractor Maersk Drilling said Friday that TotalEnergies EP Denmark A/S had exercised an option to add two months to the accommodation services work scope for the jack-up rig Maersk Interceptor in the Danish North Sea…
Offshore drilling company Aquadrill - ex-Seadrill Partners - has extended the charter hire agreement for its Auriga drillship with Diamond Offshore Drilling after reaching an agreement on the one-year mutually agreed option in the current underlying drilling contract…
Singaporean conglomerate Keppel Corp said on Friday it would spend 305 million euros ($314.7 million) along with a unit for a 50.01% stake in a special purpose vehicle (SPV) that owns 50% of Borkum Riffgrund 2, an offshore wind farm in Germany…
Malaysian offshore drilling firm Velesto said Wednesday it had completed 'the offline capabilities upgrading works' for NAGA 5 and NAGA 6, making the two rigs - the first Malaysian jack-up drilling rigs to be equipped with offline capabilities…
Offshore drilling company Diamond Offshore said Wednesday it had recently secured $610 million worth of offshore drilling contracts, with the company CEO confident of sustainable long-term demand for offshore drilling services 'for years to come…
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