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Exploration & Production

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Deepwater Champion drillship (for illustration purposes); Source: Transocean
Exploration & Production

Following weeks of no change, U.S. offshore rig count slides down a notch

Baker Hughes’ rig count report shows that the number of offshore rigs in the U.S. was one unit short last week compared to previous weeks.

about 3 years ago
Gjøa platform; Source: Neptune Energy
Exploration & Production

Eni and Vår Energi paying $4.9 billion for Neptune’s entire oil & gas portfolio, bar German business

Eni and Vår Energi will acquire Neptune’s entire portfolio, aside from its business in Germany, for an aggregate enterprise value of $4.9 billion.

11 minutes read
Uranus rig; Source: Trillion Energy
Exploration & Production

Well perforation unleashes more Black Sea gas

Trillion Energy has wrapped up recompletion work at the third well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea

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

With preventive maintenance mode turned off, Brazilian FPSO back online

Enauta has concluded a scheduled maintenance shutdown for an FPSO, which is currently working on a field offshore Brazil.

about 3 years ago
Paul B. Loyd Jr. rig; Source: Transocean
Exploration & Production

On fleet expansion quest, Dolphin Drilling snaps up two Transocean rigs

Dolphin Drilling is in the process of buying two rigs from Transocean for a total of $61.5 million, plus an additional $3 million.

about 3 years ago
Mist rig; Source: Borr Drilling
Exploration & Production

More work for Borr Drilling rig off Thailand

Borr Drilling has secured a contract extension for one of its jack-ups, which will enable the rig to continue its assignment off Thailand.

about 3 years ago
KCA Deutag
Exploration & Production

New drilling jobs on four North Sea platforms for KCA Deutag

KCA Deutag has secured new contracts and extensions with a total value of over $70 million in the UK sector of the North Sea.

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Exploration & Production

If UK bans new oil & gas exploration licences, what energy games are left to be played?

Is the saga about the Labour Party’s plans for the UK’s oil and gas industry reaching a softer stance while plans for renewables remain firm?

about 3 years ago
Neptun Deep - offshore platform simulation; Credit: OMV Petrom
Exploration & Production

$4.4 billion investment on the cards for ‘largest natural gas project’ in Romania’s Black Sea

OMV Petrom and Romgaz have made a final investment decision for a giant deepwater natural gas project in the Black Sea.

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

Semi-sub rig on its way to Canada for its drilling assignment with ExxonMobil

A semi-submersible rig, owned by SFL Corporation (SFL) and managed by Odfjell Drilling, has embarked on its journey to Canada, where it will start its new contract with ExxonMobil, a U.S.-based energy giant.

about 3 years ago
Valaris 249 jack-up rig on board Boskalis' Blue Marlin semi-submersible heavy transport vessel; Source: Valaris
Exploration & Production

Valaris jack-up rig comes to Trinidad to embark on its new drilling gig

Valaris has confirmed the arrival of one of its heavy-duty ultra-harsh environment jack-up rigs in Trinidad.

about 3 years ago
Hartshead Resources
Exploration & Production

‘Major milestone’ tucked away with submission of development plan for UK North Sea gas project

Hartshead Resources and Viaro’s RockRose Energy have handed a field development plan (FDP) for Phase I gas project in the UK North Sea.

about 3 years ago
Illustration; Source: Woodside
Exploration & Production

Woodside sanctions $7.2 billion deepwater oil project

Woodside has made a final investment decision to develop a deepwater oil project in the Perdido basin in the Gulf of Mexico.

about 3 years ago
GPA project was contemplated as a potential tie-back to Scott platform; Source: CNOOC International
Exploration & Production

Rising costs and UK tax hike deal a death blow to North Sea oil project

The windfall tax hike and the rise in costs have brought to an end the development of a North Sea oil project.

about 3 years ago
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