Swedish oil firm Lundin Energy has completed appraisal wells on the Lille Prinsen discovery, north of the Edvard Grieg field in the North Sea, offshore Norway. The two wells have confirmed a combined updated gross resource range of 12 – 60 million…
Oilfield services firm Halliburton has secured an integrated services contract to execute a three to five well drilling and completions campaign for the Mediterannean Sea-focused oil and gas firm Energean.The U.S.-based oilfield services giant…
Norway's annual licensing round of new acreage for oil and gas exploration, including some in the Arctic Barents Sea, has attracted bids from 31 oil companies, the country's energy ministry said on Wednesday.The ministry's announcement follows…
Longboat Energy, a recently formed North Sea exploration and production firm, has announced the spudding of the Rødhette exploration well in the Barents Sea, off Norway, by its partner Vår Energi.Longboat, formed by ex-Faroe Petroleum management…
A little over a year ago, Norwegian offshore drilling company Odfjell Drilling announced its entry into the offshore renewables space, through its investment in Oceanwind AS, a company working on developing harsh environment floating offshore wind turbines…
INEOS E&P Norge has obtained a drilling permit from the Norwegian Petroleum Directorate for an offshore exploration well in the Norwegian Sea.INEOS will drill the well, formally named 'Well 6306/3-1 S' - the Fat Canyon Prospect - using the Borgland Dolphin semi-submersible drilling rig…
U.S. energy firms [last week] added oil and natural gas rigs for a fifth time in six weeks as offshore oil units in the Gulf of Mexico slowly started to return after Hurricane Ida slammed into the coast.[Last week], four offshore oil rigs returned in Louisiana…
U.S. oil firm ExxonMobil has made another oil discovery offshore Guyana, this time at Pinktail prospect in the prolific Stabroek Block.The Pinktail well, ExxonMobil said, encountered 220 feet (67 meters) of net pay in high-quality hydrocarbon…
Norwegian oil firm Equinor has been granted a for wells 35/10-7 S and A in the North Sea, offshore Norway.The Norwegian Petroleum Directorate, which announced its approval Thursday, said that Equinor would use Seadrill's West Hercules semi-submersible drilling rig to drill the two offshore wells…
U.S. contract oil and gas driller Helmerich & Payne (H&P) will invest $100 million in the initial public offering (IPO) of Abu Dhabi National Oil Company's drilling unit, the companies said in a joint statement.The cornerstone investment by…
Oil and gas company Chariot has signed a contract with offshore drilling firm Stena Drilling to use its Stena Don drilling rig for the Anchois gas appraisal well within the Lixus licence, offshore Morocco.Drilling operations are expected to…
ADNOC Drilling said on Monday it intended to list on the Abu Dhabi bourse, with its parent company Abu Dhabi National Oil Co (ADNOC) selling a minimum 7.5% stake in an initial public offering (IPO).This is the second public flotation of a company…
Australian oil and gas company Western Gas, the operator of the offshore Exploration Permit WA-519-P in W. Australia, has found a partner to fund part of the drilling costs for the Sasanof-1 offshore exploration well.The partner is the ASX-listed Global Oil and Gas Limited…
Offshore drilling company Seadrill has moved a step closer to reaching bankruptcy emergence after the United States Bankruptcy Court for the Southern District of Texas approved the disclosure statement for the company's proposed plan of reorganization…
Neptune Energy has received approval from the Petroleum Safety Authority Norway to drill in block 33/6 in the North Sea.PSA Norway said Monday that Neptune would drill 33/6-6 S and 33/6-6 A well at the Shamu prospect in the Production licence…