Results 50 articles shown
KCA Deutag Scores $204MM Worth of Drilling Contracts
KCA Deutag has secured contracts worth $204 million in its key and core markets.
8:00 PM EST | April 10, 2024
North Sea Countries Team Up for Infrastructure Protection
'Damage to energy pipelines and subsea fiber optic cables has placed the resilience and security of critical underwater infrastructure in the North Sea high on the agenda'.
8:00 PM EST | April 10, 2024
Borr Drilling Secures $156.8MM of Contracts in North Sea, Southeast Asia
The contracts are for Borr's Prospector 1 and Gunnlod jack-up rigs, plus a rig still to be determined.
8:00 PM EST | April 10, 2024
Petro-Victory Finds More Oil in Sao Joao Field in Brazil
Petro-Victory Energy Corp, a publicly traded company engaged in acquiring and developing crude oil and natural gas resources in Brazil, has found more oil in the Sao Joao field.
8:00 PM EST | April 08, 2024
Aramco Suspends Valaris Rig Contract
ARO Drilling has received a notice of suspension for one of its 19 contracted rigs.
8:00 PM EST | April 08, 2024
One Dead in PEMEX Platform Fire
PEMEX revealed that a fire broke out on one of the platforms of the Akal-B Process Center in the Campeche Sound.
8:00 PM EST | April 08, 2024
North America Loses More Rigs
North America continued its rig loss streak, according to Baker Hughes.
8:00 PM EST | April 07, 2024
Draft Energy Transition Related Principles Published for North Sea Players
'Stakeholders in the UK offshore sector will be asked to commit to a set of principles to help the sector achieve the energy transition through digitalization'.
8:00 PM EST | April 07, 2024
Transocean Secures Contract Extension for Deepwater Asgard
Deepwater Asgard has been tapped by an independent operator in the U.S. Gulf of Mexico.
8:00 PM EST | April 06, 2024
PDVSA-Chevron JV Launches Venezuela 2024 Drilling Campaign
'The CMI14 well, the first of 17 contemplated in this year's business plan, represents an important milestone for the increase in production of this joint venture'.
8:00 PM EST | April 04, 2024
Contracts of Shelf Drilling Jack-Up Quartet Get Suspended
Shelf Drilling received notification from a Middle Eastern customer that the latter would suspend the operations of four jack-up rigs.
8:00 PM EST | April 04, 2024
BOEM Announces Next Steps in Leasing Program
The U.S. Bureau of Ocean Energy Management announced the next steps in the national outer continental shelf oil and gas leasing program.
8:00 PM EST | April 02, 2024
New Poll Says No Clear Leader in Biden-Trump Matchup
'Way too close to call on the head to head, and even closer when third party candidates are counted,' Quinnipiac University Polling Analyst Tim Malloy said.
8:00 PM EST | April 02, 2024
Who Dat JVs Approve Exploration Wells for Drilling
Karoon Energy said its total committed CAPEX for 2024 has increased to $117 million to 134 million.
8:00 PM EST | April 02, 2024
North America Continues Rig Loss Streak
North America's rig count decreased by 21 week on week, according to Baker Hughes.
8:00 PM EST | March 31, 2024
Michigan Receives $5.9MM in DOI Funding for Cleanup of Orphaned Wells
The funding will help Michigan continue work plugging, reclaiming, and restoring orphaned oil and gas wells.
8:00 PM EST | March 31, 2024
UK Oil Regulator Publishes New Emissions Reduction Plan
The NSTA said the plan 'places electrification and low carbon power at the heart of emissions reduction'.
8:00 PM EST | March 27, 2024
Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
Falcon Oil & Gas hit above commercial IP60 flow rate of 3.0 MMcfpd at the SS-1H well in EP117.
8:00 PM EST | March 27, 2024
Perenco Still Searching for Missing Person After Platform Incident
'The search for the missing person is still actively underway'.
8:00 PM EST | March 26, 2024
North America Rig Loss Streak Rumbles On
North America lost rigs week on week, according to Baker Hughes' latest rotary rig count.
8:00 PM EST | March 24, 2024
Chinese Mega Company Makes Another Major Oilfield Discovery
The company announced that it has made a 'major' oilfield discovery in the Bohai Sea.
8:00 PM EST | March 18, 2024
North America Enters Rig Loss Streak
North America dropped rigs again week on week, according to Baker Hughes.
8:00 PM EST | March 17, 2024
Gran Tierra On Track to Meet 2024 Production Guidance
The company's drilling campaigns resulted in a six percent increase over fourth-quarter 2023 production.
8:00 PM EST | March 14, 2024
Equinor Awards Contract Extensions to Norwegian Offshore Suppliers
Equinor is exercising two options to extend contracts with Archer AS, KCA Deutag Drilling Norway AS, and Odfjell Operations AS for a total of four years.
8:00 PM EST | March 13, 2024
Chinese Mega Company Makes Major Oilfield Discovery
The discovery adds over a hundred million tons of oil equivalent proved in-place volume, according to the company.
8:00 PM EST | March 12, 2024
BMI Flags Indonesia's Exploration Success
'The country's exploration success in offshore areas has bolstered our outlook for its natural gas reserves and production,' BMI analysts said.
8:00 PM EST | March 11, 2024
Bangladesh Offers 24 Offshore Blocks for Exploration Bidding
The auction offers 15 deepwater blocks and nine shallow-sea blocks.
8:00 PM EST | March 11, 2024
North America Drops Rigs for First Time in 2024
North America's rig count dropped week on week for the first time in 2024, according to Baker Hughes.
8:00 PM EST | March 10, 2024
Occidental Deploys Electric Rig Developed by Axis
Axis declared a milestone in well service technology with the deployment of an electric-powered rig that it says not only reduces emissions but also improves safety and efficiency.
8:00 PM EST | March 10, 2024
OEUK Says Windfall Tax Extension Is Disappointing Blow
'The industry is being taxed on windfall profits which no longer exist', OEUK said.
7:00 PM EST | March 07, 2024
Total Energy Unit Closes Acquisition of Saxon
The acquisition of Saxon increases Savanna Australia's land drilling rig fleet to 16 rigs.
7:00 PM EST | March 07, 2024
Wintershall Raises Recoverable Resource Estimate for Norway Discovery
Wintershall revised the size of the Adriana gas and condensate discovery in the Norwegian Sea to 28–43 MMboe.
7:00 PM EST | March 06, 2024
North America Adds More Rigs
North America added rigs week on week, according to Baker Hughes.
7:00 PM EST | March 03, 2024
BP Prepares to Drill in Brazil Where Other Majors Have Failed to Find Oil
BP is preparing a deepwater well in Brazil in the latest attempt to break a streak of bad luck by oil majors.
7:00 PM EST | March 03, 2024
Diamond Offshore Bags $350MM BP Contract Extension in GOM
The contract extension is for the Ocean BlackHornet rig, which begins in February 2025 in direct continuation of the rig's current contract.
7:00 PM EST | March 03, 2024
Zion Gets Israel Nod to Re-Explore Unsuccessful Well
Zion received clearance from authorities in Israel to re-enter a well it had declared not commercially viable over five years ago.
7:00 PM EST | March 03, 2024
Tamboran Raises Estimate of Recoverable Beetaloo Resources to 2.1 Tcf
Tamboran increased its estimates of recoverable resources in Australia's Beetaloo Sub-basin to a total of 2.1 Tcf in the unrisked best scenario.
7:00 PM EST | February 29, 2024
One Dead in Helicopter Crash Offshore Norway
'This is a deeply tragic incident'.
7:00 PM EST | February 28, 2024
Perenco Spuds Appraisal Well Offshore Gabon
Perenco spudded an appraisal well in the vicinity of the Hylia South West discovery.
7:00 PM EST | February 27, 2024
Baker Hughes Data Shows North America Rig Additions
The U.S. added five rigs week on week, according to Baker Hughes.
7:00 PM EST | February 25, 2024
UK Regulator Holds Platform Electrification Workshop with North Sea Bigwigs
Eleven operators, including BP, Harbour Energy, Repsol, Shell, and TotalEnergies, delivered presentations, the NSTA revealed.
7:00 PM EST | February 25, 2024
Equinor Hits Dry Well in North Sea
Equinor's exploration well Harden sor in the North Sea has been declared dry.
7:00 PM EST | February 19, 2024
Baker Hughes Reveals Latest North America Rig Count
Baker Hughes has released its latest rotary rig count figures.
7:00 PM EST | February 18, 2024
Two Var Energi Wells in North Sea Declared Dry
Wildcat wells 25/7-12 A and 25/7-12 S turned up dry.
7:00 PM EST | February 17, 2024
Eni Completes Drilling of Appraisal Well Offshore Cyprus
Cronos-2 was drilled to confirm the lateral extension of the Cronos gas discovery.
7:00 PM EST | February 15, 2024
North America Goes Back to Adding Rigs
North America increased its rig count week on week, according to Baker Hughes.
7:00 PM EST | February 11, 2024
Diamond Offshore Says It's Working to Recover Dropped Equipment
'We are working on plans to recover the dropped equipment from the seabed'.
7:00 PM EST | February 07, 2024
TotalEnergies Pays $199MM for Stake in JV Owning Drillship
The joint venture will contract Vantage Drilling International to operate the drillship for 10 years.
7:00 PM EST | February 06, 2024
Predator Inks Extension for Rig in Morocco
The extension will facilitate the drilling of the MOU-5 well to evaluate the 68-square-mile (177-square-kilometer) Jurassic structural closure in a crestal location.
7:00 PM EST | February 06, 2024
Magnitude 5.1 Earthquake Hits Oklahoma
A magnitude 5.1 earthquake occurred eight kilometers northwest of Prague, Oklahoma.
7:00 PM EST | February 05, 2024