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…
Jack-up rig specialist Shelf Drilling said Monday it had secured a five-year contract for the Harvey H. Ward jack-up rig for operations in the Arabian Gulf.The firm period contract value, including mobilization fee, is roughly USD 192 million…
Singapore's Keppel Offshore & Marine has signed bareboat charter contracts with the Saudi drilling firm ADES for two jack-up rigs to be deployed in Saudi Arabia. This brings the total number of rigs Keppel O&M has on a charter with ADES to four…
ModuSpec has secured a contract to provide rig intake and inspection services to the Norwegian oil company Aker BP.The contract includes assisting Aker BP ASA during the inspection and acceptance phases of Saipem's Scarabeo 8, 6th generation…
Drilling operations have been completed at the Northern Lights project in the Norwegian part of the North Sea for a CO2 injection well and a contingent injection well within CO2 storage license EL001.Northern Lights partners said Thursday that…
Enauta, a Brazilian oil company, has begun drilling the new well 7-ATL-5H-RJS in the Atlanta Field of the Santos Basin, off the coast of Brazil.According to Enauta, the new well will cost $75 million to drill and connect to the FPSO at the field…
U.S. oil major ExxonMobil has made a discovery at the Bavuca South-1 exploration well at the Block 15, offshore Angola.The well encountered 30 meters (98 feet) of high-quality, hydrocarbon-bearing sandstone. It is located approximately 365 kilometers…
Offshore drilling company Diamond Offshore said Monday it had received a notification of award of a new drilling program with Petrobras in Brazil.The soon to be signed four-year contract is for the semi-submersible offshore drilling Ocean Courage…
Indonesia awarded two oil and gas exploration blocks located off northern Sumatra, to Conrad Asia Energy on Tuesday, a senior energy ministry official said, the first awarded this year. The two blocks have total estimated resources of 2.2 billion barrels of oil (BBO) and 13…
Shares of Arabian Drilling Company , a Saudi oilfield services firm, were up 18% above its listing price on its market debut in Riyadh on Monday, in a sign that investors still have appetite for local flotations despite a gloomy outlook for the world economy…
Malaysia's Velesto Energy has secured a $135 million integrated rig, drilling, and completion services deal with Hess Corp. in Malaysia.The i-RDC is a concept in which integration of drilling rig services, equipment and in some cases procurement…
Italy's new government will expand concessions to drill for gas in the Adriatic, Prime Minister Giorgia Meloni said on Friday, in a drive to double Rome's output to 6 billion cubic meters per year and lower energy prices for firms.The measure…
Oil and gas company Energean said Monday it had made a commercial gas discovery at the Zeus- 01 prospect, in the Mediterranean Sea, offshore Israel. The company also said that contingent resources at Athena discovery, also in Israel, had been upgraded following post-well analysis…
Oil and gas company Neptune Energy said Friday it had started drilling on the Calypso exploration well in the Norwegian Sea.Neptune Energy is using the Deepsea Yantai, a semi-submersible rig owned by CIMC and run by Odfjell Drilling, to drill the exploration well formally known as Well 6407/8-8 S…
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