Jack-up drilling rig owner Borr Drilling has signed agreements that should secure work for three of its drilling rigs. The Oslo-listed company said Monday it had entered into a contract and LOIs for three of its currently warm stacked rigs, adding USD 21 million to the total backlog…
Dutch offshore geo-data specialist Fugro will deploy remote monitoring technology to survey subsea structures at the Cygnus gas field in the UK’s southern North Sea.Under the contract awarded by oil and gas company Neptune Energy, Fugro will…
Jack-up drilling company Borr Drilling has started talks with creditors and shipyards to defer certain payments and is looking to sell some modern drilling rigs to boost its liquidity. The company has said it has executed a company-wide cost…
Dutch offshore survey company Fugro has teamed up with SEA-KIT, winner of the Shell Ocean Discovery XPRIZE, to develop a new range of agile and compact uncrewed surface vessels (USVs) which can deploy remotely operated vehicles (ROVs) and autonomous…
Offshore drilling rig contractor Borr Drilling has reportedly secured more work for its Mist jack-up rig.According to Norwegian media, the Borr has secured an eight-month contract for the Keppel-built offshore drilling unit.Finansavisen recently reported that Svend Anton Maier…
Irish oil and gas explorer Providence Resources has appointed Alan Linn as a new CEO. He hopes to help the company with the development of long-delayed Barryroe offshore oilfield. He will also join the board as an executive director.In a statement on Thursday…
Santos said it has been awarded new acreage offshore Western Australia, in a 50-50 joint venture with BP.Santos will operate the new permit, WA-541-P, in the Northern Carnarvon Basin which lies to the west of the recent Dorado, Roc and Phoenix South hydrocarbon discoveries in the Bedout Sub-basin…
Despite Africa not being a top contender in the global decommissioning market, the region holds huge potential for growth as more offshore old and gas fields mature while some of the newly drilled ones turn dry.The region’s top oil and gas producers such as Angola…
Norwegian offshore supply vessel provider Golden Energy Offshore (GEO) named two platform supply vessels (PSVs).The company's CEO Per Ivar Fagervoll said that the sister vessels Energy Empress and Energy Duchess were named on 29 June 2019. The…
China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation, and Total.According to the agreements…
China's CNOOC Ltd indicated a renewed commitment to oil and gas exploration on Tuesday as its chairman said it would raise spending to a record while signing strategic exploration agreements with nine firms for the South China Sea.The strategic…
Australian oil and gas exploration and production company Carnarvon Petroleum has secured a Noble Tom Prosser jack-up drilling rig for two appraisal wells at the Dorado joint venture oil, gas and condensate discovery offshore Western Australia…
Schlumberger’s WesternGeco has completed a hybrid seismic acquisition survey using their newly deployed multipurpose vessel (MPV)—a first in the industry, the company says. WG Vespucci. Image from Ultstein…
Quadrant Energy has agreed a contract with Transocean to drill the Phoenix South-3 well in the WA-435-P exploration permit on the North-West Shelf of Australia. Drilling is due to start between 1 February and 1 April 2018 using the GSF Development Driller-1…
Quadrant Energy is in the final stages of evaluating tenders for a semisubmersible to drill the Phoenix-3 South well offshore Western Australia in early 2018. Source: Carnarvon Petroleum The…
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