Abu Dhabi's ADNOC Drilling reported on Friday a rise of 6.1% in 2021 net profit, with revenues boosted by its onshore and oilfield services businesses.Net profit for 2021 was $603.9 million, up from $569 million in the year-earlier period.Revenues increased to $2…
Norwegian independent oil company Aker BP said on Thursday it planned to drill more exploration wells this year, after reporting a record operating profit for the final quarter of 2021 buoyed by higher petroleum prices.Its earnings before interest…
Australian oil and gas company Santos is set to start drilling the Pavo-1 well, offshore W. Australia, as the Noble Tom Prosser jack-up drilling rig has reached the well site and completed pre-drill preparations.The Pavo-1, operated by Santos…
Brazilian oil company Enauta has hired the Alpha Star semi-submersible drilling rig to drill the fourth production well at its Atlanta field in the Santos Basin, offshore Brazil.Enauta expects to start drilling in the fourth quarter of 2022…
Cloud enterprise software company IFS said Tuesday that the shallow water offshore drilling contractor Borr Drilling was upgrading its existing IT platforms to the latest IFS versions including IFS Cloud, IFS Cloud Services and IFS Success Services…
Aberdeen-based offshore rig inspection company ADC Energy has said it has been awarded its third contract in Asia-Pacific (APAC) in the first quarter of 2022 to provide its specialist rig inspection services to an unnamed global E&P operator in Malaysia…
Norwegian offshore drilling technology company Enhanced Drilling (EDR) has recently received an order from Shell to supply a second EC-Drill Controlled Mud Level (CML) system to be used in the Gulf of Mexico (GOM). The Managed Pressure Drilling (MPD) system…
Following recent reports that Shell has made an oil discovery offshore Namibia, the confirmation came Friday from its partners QatarEnergy and NAMCOR.QatarEnergy, which used to be called Qatar Petroleum, has confirmed that oil was found in a deepwater exploration well drilled in the Orange Basin…
Australian oil and gas company Carnarvon Energy said Friday that the Noble Tom Prosser jack-up drilling rig was on its way to the Pavo-1 well location, offshore W. Australia.Santos is the operator of the project, and Carnarvon is a partner with a 30% interest…
Scana's PSW Technology has signed an exclusive license agreement with global oil service provider Cameron, a subsidiary of Schlumberger company.The agreement, which is the first in Norway for both Cameron and PSW, allows PSW to carry out recertifications…
Australian oil and gas company Western Gas expects to spud its 'high-impact' Sasanof-1 exploration well on the North West Shelf offshore Australia in the second quarter of 2022. The company said Thursday it had received all the necessary regulatory approvals for the drilling operation…
Norwegian oil and gas company Equinor has drilled a dry well on the Ginny exploration prospect 6407/9-13 in the Norwegian Sea, and the drilling operations are now being concluded, OKEA, a partner in the project said Wednesday.The well, in production license PL1060…
Offshore drilling contractor Odfjell Drilling has informed that its Deepsea Stavanger semi-submersible drilling rig has started its contract with the Norwegian oil firm Equinor.The contract was first announced in May 2021, when it was shared…
Offshore drilling contractor Stena Drilling has signed a contract with Petrofac for the hire of its Stena Don semi-submersible drilling rig.The Stena Don has been hired for a one-firm well campaign on Tailwind Energy's Gannet E field in the UK Continental Shelf…
Canada's CGX Energy on Monday reaffirmed it and parent Frontera Energy discovered an oil and gas reservoir off the coast of Guyana and said drilling on a second well could begin later this year.Its Kawa-1 well found approximately 177 feet (54…
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