Offshore Drilling News - page 26

 

Guyana Receives Bids for Eight Oil and Gas Blocks

Sep 13, 2023

Guyana on Wednesday received bids for eight of 14 offshore oil and gas exploration blocks offered in its first auction, including from groups formed by Exxon Mobil and TotalEnergies, according to the government and documents seen by Reuters…

TotalEnergies CEO to Meet Suriname's President, Staatsolie Execs

Sep 13, 2023

The chief executive of French oil major TotalEnergies will meet Suriname's President Chan Santokhi on Wednesday to discuss a promising oil project that could inaugurate the South American country's offshore production.Suriname's Foreign Affairs…

Longboat Energy Expands Stake in Block 2A Offshore Sarawak with Topaz Acquisition

Sep 13, 2023

Longboat Energy, an E&P company active in Norway and Malaysia, has agreed to acquire privately held Topaz Number One Limited ('Topaz'), increasing its working interest in the Production Sharing Contract over Block 2A offshore Sarawak, Malaysia ('Block 2A') to 52…

BW Energy Boosts Gabon Production as Fourth Hibiscus Well Comes Online

Sep 13, 2023

Oil and gas company BW Energy has brought online the fourth well of the Hibiscus / Ruche Phase 1 development in the Dussafu licence offshore Gabon. 'Well performance is in line with expectations with current production at approximately 6,500 barrels per day…

Bareboat Charter: Deep Value Driller Hands Over 7th Gen. Drillship to Saipem

Sep 13, 2023

Drillship-owning firm Deep Value Driller AS has delivered its 7th generation drillship 'Deep Value Driller' to Saipem under a bareboat charter deal signed earlier this year.Saipem has chartered the drillship for an estimated firm period of three years…

Valaris Secures $65 Million in New Offshore Drilling Contracts

Sep 11, 2023

Offshore drilling company on Monday announced new drilling contracts worth $65 million in total, excluding lump sum payments such as mobilization fees and capital reimbursements.These contracts were awarded after the company issued its most recent fleet status report on August 1…

Ukraine Retakes Offshore Drilling Platforms near Crimea

Sep 11, 2023

Ukrainian forces have regained control from Russia of several gas and oil offshore drilling platforms close to Crimea, Ukraine's military intelligence (GUR) said on Monday.It said on the Telegram messaging app that Kyiv's forces had retaken…

Oil and Gas Driller ADES Holding Starts Marketing IPO to Institutional Investors

Sep 11, 2023

Oil and gas driller ADES Holding, backed by Saudi Arabia's sovereign wealth fund, began marketing its initial public offering on Sunday, seeking 12.50 riyals to 13.50 riyals a share.ADES plans to raise as much as 4.57 billion riyals ($1.22 billion)…

Refurbished Jack-Up Rig Starts Work in U.S. Gulf of Mexico

Sep 08, 2023

Gulf of Mexico-focused oil and gas exploration firm Arena Energy and drilling contractor White Fleet Drilling recently christened and mobilized a refurbished jack-up drilling rig in the U.S. Gulf of Mexico. White Fleet, Arena's strategic partner…

Chevron, Repsol Quit Oil and Gas Exploration Blocks in Mexican Gulf

Sep 08, 2023

Energy companies Chevron and Repsol decided to quit offshore oil and gas exploration areas in Mexico, the regulator for the sector said on Thursday, joining more than a dozen other companies after disappointing results.Both had won the blocks in the Gulf of Mexico in a tender process…

Aker BP Gets Nod for North Sea Exploration Drilling

Sep 07, 2023

The Petroleum Safety Authority Norway, the Norwegian offshore industry safety watchdog which will bear a new name from January 1, 2024, has this week granted Aker BP consent for exploration drilling in block 30/12 in the North Sea.Aker BP is…

KCA Deutag Wins $60 Million Offshore Drilling Services Deal in Angola

Sep 07, 2023

Oil and gas drilling services company KCA Deutag has won a one-year contract extension worth $60 million, for the provision of drilling operations and maintenance services on two offshore platforms in Angola with an undisclosed client.The award…

Vår Energi Ramping Up Exploration in the Barents Sea

Sep 01, 2023

Vår Energi has secured the COSLProspector drilling rig for a two-year drilling program in the Barents region offshore Norway, which the company sees as an important strategic priority area.Signed in cooperation with Equinor, the rig contract…

Shell Comes Up Empty in Namibia Exploration Well

Aug 31, 2023

Shell's Cullinan-1X exploration well offshore Namibia did not make a commercial oil and gas discovery, the company said on Thursday.Namibia, which has yet to produce any oil and gas, has attracted strong interest from international companies…

LLOG Contracts Noble Floater for US Drilling

Aug 31, 2023

Noble Corporation announced it has received a contract from LLOG to perform drilling services in the U.S. Gulf of Mexico.The six-month contract for Noble's seventh generation drillship Noble Valiant is expected to commence between November 2023 and March 2024…

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