Norwegian offshore drilling company Odfjell Drilling has appointed Kjetil Gjersdal as its new CEO, following the company's split with its Odfjell Technology spin-off which started trading on the Oslo Stock Exchange on Tuesday.'With his 22 years’…
Brazilian oil company Petrobras has lost a $400 million case against Paragon Offshore Nederland, a former supplier of offshore drilling rigs for oil and gas exploration.Petrobras said Thursday that the Court of Justice of Rio de Janeiro decided…
Westwood Global Energy Group (Westwood), an energy market research and consultancy firm, has appointed Teresa Wilkie to its RigLogix team as Research Director.The appointment marks Wilkie's return to Westwood after almost two years, which she spent with Bassoe Offshore / Esgian…
Transocean, known for its offshore oil and gas drilling rigs services, said Tuesday it had acquired a minority interest in Ocean Minerals Ltd., a company engaged in the exploration of seabed resources containing metals critical to the growing renewable energy market…
Brazilian oil company Enauta Participacoes said on Monday no hydrocarbons were found at the 1-EMEB-3-SES well, an asset in which it has Exxon Mobil Corp and Murphy Oil Corp as partners, sending its shares down.Enauta's securities filing on the…
Oil and gas company Empyrean Energy said Friday it would take over the China Oilfield Services Limited ('COSL') owned NH9 semi-submersible drilling rig for the drilling of the Jade well, within the next few days for safety checks. Empyrean has…
Australian oil and gas firm Santos has completed drilling operations on the Pavo-1 well, drilled in the WA-438-P exploration permit, offshore W. Australia, where the company earlier this week announced a significant oil discovery.According to Carnarvon Energy…
Offshore drilling contractor Seadrill Limited has appointed Simon Johnson, former CEO of Borr Drilling, as its new President and Chief Executive Officer. Johnson will replace Stuart Jackson as President and Chief Executive Officer with immediate effect…
Offshore drilling contractor Diamond Offshore has received approval to relist its unrestricted common stock on the New York Stock Exchange (NYSE) under the ticker symbol 'DO.' 'The company expects the common stock to commence trading on or about Wednesday…
Malaysia's Petronas has signed Production Sharing Contracts (PSCs) for five offshore exploration blocks, namely SB412, 2W, and X located off the coast of Sabah, and SK439/SK440 situated off the coast of Sarawak. Block SB412 in Sabah was signed between Petronas…
Australian oil and gas company Santos has made a 'significant' oil discovery at Pavo-1 exploration well, 46 kilometers east of the Dorado field in the Bedout Sub-basin, offshore Western Australia.According to Santos, the well was drilled on…
U.S. oil producer Exxon Mobil Corp is drilling in a new area offshore of Brazil that could have as much as 1 billion barrels of oil and gas, its partner Murphy Oil said on Tuesday.If exploration is successful, it would be Exxon's first oil discovery in Brazil as an operator…
Britain will likely run a North Sea offshore oil and gas licensing round for existing discoveries this year, a spokesperson for the Oil and Gas Authority (OGA) said on Monday.The OGA, which is changing its name to the North Sea Transition Authority (NSTA)…
Norwegian oil and gas company Equinor has exercised an option for further work for Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig.The further work was awarded under the continued optionality mechanism provided for in the contract entered into by the two companies in May 2021…
An appraisal drilling for hydrocarbons off Cyprus has reaffirmed a reservoir of high-quality gas in an area licensed to ExxonMobil and Qatar Petroleum, the island's energy ministry said on Monday.The drilling was conducted by a consortium of ExxonMobil and Qatar Petroleum…
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