State oil giant Abu Dhabi National Oil Co (ADNOC) has completed bookbuilding for the initial public offering (IPO) of ADNOC Drilling, raising more than $1.1 billion, it said on Monday.The offering was oversubscribed, with total gross demand amounting to more than $34 billion…
Norwegian oil and gas company Equinor has concluded the drilling of the Black Vulture appraisal well in the Norwegian Sea, and the well came up dry.Using Seadrill's West Hercules offshore drilling rig, Equinor drilled the well approximately…
Norwegian oil and gas operator DNO has made a minor oil discovery on the Gomez prospect in the North Sea, offshore Norway.The exploration well, located 14 kilometers east of the Ekofisk field, encountered hydrocarbons in the primary target in the Våle Formation of the Paleocene Age…
Norwegian oil firm Equinor has exercised one additional well to be added to Odfjell Drilling Deepsea Stavanger rig's drilling contract.The well has been exercised under the Continued Optionality mechanism in the contract entered into between the parties in May 2020…
U.S. energy firms this week added oil and natural gas rigs for a 14th month in a row as more offshore units in the Gulf of Mexico returned to service after shutting when Hurricane Ida slammed into the coast in late August.This week, 3 offshore rigs returned in the Gulf of Mexico…
Offshore drilling firm Aquadrill - ex-Seadrill Partners - has entered into a charter hire agreement with drilling contractor Diamond Offshore Drilling - as a rig manager - for Aquadrill's Auriga drillship.Under the contract, Aquadrill will provide…
Aberdeen-based offshore rig inspection company ADC Energy has said it has won a contract with an unnamed U.S.-based LNG company to help it identify and select offshore drilling rigs suitable for conversion for LNG operations.According to ADC Energy…
A federal judge in Washington, D.C., is allowing Louisiana to intervene in a lawsuit challenging an upcoming drilling lease auction, giving the staunch proponent of the federal oil and gas leasing program another chance to defend it in court…
UK-based gas company IOG plc has raised gross proceeds of £8.5 million through a placing and subscription and will use the proceeds to extend the Noble Hans Deul jack-up rig contract.The company has placed 33,800,000 new Ordinary Shares at a…
The 228-meter-long former drillship Vitoria 10000, now renamed Hidden Gem, has this week arrived in Rotterdam, The Netherlands to start its conversion into a subsea mining vessel.The news of the vessel's arrival was shared by The Metals Company (formerly DeepGreen Metals Inc…
Oil and gas firm Chariot has signed a binding letter of intent with oilfield services giant Halliburton for services on Chariot's planned Anchois gas appraisal well within the Lixus licence, offshore Morocco.The agreement with Halliburton follows…
State oil giant Abu Dhabi National Oil Co (ADNOC) has increased to 11% of share capital the size of the initial public offering (IPO) of its drilling unit, ADNOC Drilling, because of oversubscription, the firm said on Wednesday.ADNOC had previously targeted a minimum stake of 7…
Australian oil and gas company expects to spud the Buffalo-10 well in the Timor Sea in early November, using the Valaris JU-107 jack-up drilling rig.'The previous field proved the existence of very high deliverability reservoir containing high…
Three companies are working on a project to convert existing jack-up drilling rigs into offshore green hydrogen production units in the North Sea.Offshore engineering firm Aquaterra Energy, renewable hydrogen producer Lhyfe and offshore drilling…
Norwegian oil and gas company Equinor has spudded the Egyptian Vulture exploration well in the Norwegian Sea.Longboat Energy, the recently formed E&P company, and Equinor's partner in the project with a 15 percent stake, announced the spud on Tuesday…
Subscribe
