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Exploration & Production

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Transocean Endurance rig (for illustration purposes); Source: Transocean
Exploration & Production

US offshore rig count goes down to 18 units

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States slipped down a notch last week.

about 3 years ago
FPSO Montara Venture; Source: Jadestone Energy
Exploration & Production

‘Small defect’ identified after Australian FPSO shutdown following gas alarm

Jadestone Energy has found the location of a small defect after it temporarily shut in production from an FPSO off Australia.

about 3 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Exploration & Production

Equinor getting ready for drilling ops with Odfjell rig

Equinor has secured a drilling permit from the country’s authorities for two wells in the Norwegian Sea.

about 3 years ago
Proman and Origin team up on low-carbon biofuel production
Exploration & Production

Proman and Origin team up on low-carbon biofuel production

Methanol producer Proman and carbon-negative materials company Origin Materials have entered a strategic partnership centered on low-carbon biofuel production utilizing Origin’s technology platform and Proman’s fuels capabilities and expertise. Specifically, the two companies signed an agreement to

about 3 years ago
Prince TLP; Source: MODEC
Exploration & Production

New oil & gas discovery for Talos in Gulf of Mexico

Talos Energy has made a commercial oil and natural gas discovery in the Gulf of Mexico, which will be tied back to an existing platform.

about 3 years ago
MOPU Tchatamba-A and FSO Madiela at the Tchatamba Marine-1 field approximately 100 miles southwest of Port Gentil in the Gulf of Guinea; Source: MODEC
Exploration & Production

Tullow bags several oil & gas licence extensions in Gabon

Tullow Oil has gained approval from the government of Gabon for the extension of several of its Gabon licences to 2046.

about 3 years ago
Brage platform; Source: OKEA
Exploration & Production

New operator taking the helm at North Sea oil & gas discovery

OKEA will be taking over the operatorship next month from the compatriot player, DNO Norge, at the Brasse license in the North Sea.

about 3 years ago
Ocean Endeavor rig; Source: Diamond Offshore
Exploration & Production

New rig deals bolster day rates and lift Diamond Offshore’s backlog to $1.6 billion

Diamond Offshore has tucked under its belt new contracts and extensions for its rig fleet in the U.S. Gulf of Mexico, the UK, and Senegal.

about 3 years ago
Valaris DS-14 drillship; Source: Valaris
Exploration & Production

Valaris undertakes $400 million private placement to fund acquisition of two drillships

Valaris revealed a pricing of $400 million upsized private placement of additional 8.375 per cent senior secured second lien notes due 2030.

about 3 years ago
FPSO Petrojarl I; Source: Enauta
Exploration & Production

Enauta completes another well in its drilling campaign off Brazil and moves to last one

Enauta has concluded the drilling and completion of another well in its drilling programme at a field offshore Brazil. In addition, the firm has started drilling activities at the last well in this drilling campaign.

about 3 years ago
Illustration; Source: United Oil & Gas
Exploration & Production

Two oil & gas firms agree on more time to wrap up divestment of North Sea discovery

Quattro Energy Limited has agreed on a long stop date extension for the acquisition of United Oil & Gas’ license in the Central North Sea, which includes an existing hydrocarbon discovery.

about 3 years ago
Transocean Norge; Source: Transocean
Exploration & Production

OMV spuds gas-condensate prospect with Transocean rig

OMV has started drilling an exploration well in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.

about 3 years ago
Scarborough FPU; Source: Woodside
Exploration & Production

Woodside offloads partial stake in Australian gas field while pursuing emerging energy sectors

Woodside has entered into a sale and purchase agreement with LNG Japan for the sale of a 10 per cent stake in the Scarborough Joint Venture.

about 3 years ago
COSL Promoter; Source: COSL Drilling
Exploration & Production

Thumbs-up for Equinor to deploy COSL Drilling’s rig for North Sea ops

Norwegian regulator has given Equinor its consent to use a COSL Drilling-owned rig for production drilling at a field in the North Sea.

about 3 years ago
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