Gas has been confirmed at the Charlemont-1 exploration well offshore Victoria, operated by ConocoPhillips, following the successful recovery of a gas sample that validates the Charlemont Trend in Australia’s Otway Basin.Australia’s 3D Energi - ConcoPhillips’ partner in the VIC/P79 permit where the well is located, along Korea National Oil Corporation – said it intersected gas in the Waarre C sandstone…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for wildcat well in the North Sea.The permit is for a wellbore 34/8-A-37 H in production license 120, which is operated by Equinor with 53.2% working interest.The partners in the license include Petoro with 30% stake…
Fugro has extended its partnership with PTSC Geos and Subsea Services (PTSC G&S) to provide marine site characterization services in Vietnam, supporting rising demand from both the oil and gas sector and the country’s growing offshore wind industry…
Akrake Petroleum, an indirect subsidiary of Rex International, is expected to start oil production at the Sèmè Field offshore Benin by the end of January, following completion of drilling operations on a key production well.Rex said production…
Italian offshore services firm Saipem has informed that its jack-up rig Perro Negro 7 will resume operations off Saudi Arabia for Aramco, starting January 2026.The contract for Perro Negro 7 was awarded to Saipem in 2011 and extended in June 2023 for 10 years…
Brazilian oil regulator ANP has halted Petrobras from restarting offshore drilling at the Foz do Amazonas basin until it provides information on what caused a synthetic fluid to leak in the waters of the environmentally sensitive region, documents seen by Reuters show…
Murphy Oil Corporation has drilled an appraisal well at the Hai Su Vang oil field offshore Vietnam, confirming a larger hydrocarbon column and strengthening the field’s recoverable resource potential.The Hai Su Vang-2X appraisal well was drilled in Block 15-2/17 in the Cuu Long Basin…
ConocoPhillips has identified probable gas across all targeted Waarre sandstone reservoirs at its Charlemont-1 exploration well in Australia’s Otway Basin, resuming drilling after an earlier pressure-related pause before suspending operations again due to higher-than-anticipated formation pressures…
State-owned Petrovietnam Gas has awarded its first-ever term supply tender seeking liquefied natural gas (LNG) to energy major Shell, which will deliver the super-chilled fuel to Vietnam from 2027 to 2031.The five-year supply deal will see Shell deliver about 400…
A synthetic fluid leak of about 15 cubic meters (15,000 liters) has halted Brazilian state-run oil firm Petrobras' drilling of a well in the environmentally sensitive Foz do Amazonas Basin, the company said on Tuesday.In a statement, Petrobras…
U.S. oilfield services provider Halliburton has introduced the HyperSteer MX directional drill bit, a shankless matrix-body bit designed to improve durability, enhance directional control, and reduce well construction time.The new bit delivers longer drilling runs…
Offshore drilling contractor Borr Drilling has secured new contract commitments for two of its premium jack-up rigs, adding firm work in Mexico and the United States.Borr Drilling’s jack-up rig Ran has received a one-well extension from Italy’s Eni in Mexico…
Offshore drilling contractor Transocean has secured a new contract and an extension for two of its rigs, adding approximately $168 million to its firm backlog.In Brazil, the Deepwater Mykonos was awarded a contract by BP for an estimated 302-day campaign beginning in the third quarter of 2026…
The Arab Shipbuilding and Repair Yard Company (ASRY) has completed several rig repair and upgrade projects for Saudi-based ADES Holding, strengthening the partnership between the two companies.In 2025, several ADES jack-up rigs underwent major works at ASRY’s facilities in Bahrain…
An offshore gas exploration well operated by ConocoPhillips Australia has intersected unexpected gas in the Otway Basin off southeastern Australia, prompting a temporary pause in drilling while partners assess changes to the well design.The Charlemont-1 exploration well…
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