
OKEA and DNO have made arrangements to exchange partial stakes in two prospects off the coast of Norway, which are slated to be drilled with Odfjell Drilling and Transocean semi-submersible rigs.

Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off the coast of Nigeria. As part of the contract with Shell Nigeria Exploration and Production Company Limited (SNEPCo), Saipem will deliver t