Vår Energi has discovered oil resources in an appraisal well near the Goliat field in the Barents Sea off the coast of Norway. As the firm believes the new find has unlocked further potential in the area, it plans to drill 20 more wells in the Barents Sea over the next four years.
Houston-based Vaalco Energy has disclosed a new contract with Borr Drilling for a jack-up rig that will carry out its 2025/2026 drilling program off the coast of Gabon, Africa.
