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Exploration & Production

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Exploration & Production

Borr Drilling secures work for five jack-up rigs

Offshore rig owner Borr Drilling has been awarded new contracts and extensions for five of its jack-up drilling rigs.

about 4 years ago

Exploration & Production

Answers to energy security and climate change concerns lie in energy transition, IRENA says

The International Renewable Energy Agency (IRENA) believes that energy transition holds the key to tackling global energy and climate crisis.

about 4 years ago

Exploration & Production

UAE player investing in drilling growth with $658 million in new awards

UAE-based ADNOC has awarded framework agreements valued at $658 million for cementing services as it continues to invest in drilling growth.

about 4 years ago

Exploration & Production

Energean inks gas supply deal with largest Israeli buyer

London-listed E&P company Energean has signed a gas supply agreement with the largest Israeli buyer of natural gas.

about 4 years ago

Masirah Oil swaps tankers in Oman with drilling campaign on the way

Exploration & Production

Masirah Oil swaps tankers in Oman, seeks rig contractor for new drilling campaign

Following a floating storage tanker change, Masirah Oil plans to carry out a drilling campaign in the Q3 2022 in the Block 50 offshore Oman.

about 4 years ago

Neptune going beyond net-zero in bid to store more CO2 than it emits by 2030

Exploration & Production

In focus: To net-zero and beyond

In recent years we have seen a number of companies active in the offshore energy sector pledging to reach the net-zero emissions status by a certain point in the future. This week we reported on the first time an offshore company had pledged to go ‘beyond net-zero’. The international oil and gas exp

about 4 years ago

Exploration & Production

Energean step closer to Karish first gas following connection to Israel’s network

Oil and gas exploration and production company Energean has connected the Karish offshore gas field to the Israel National Gas Line,

about 4 years ago

Exploration & Production

Energy industry optimistic about transition despite skills shortages, policies, and supply chain issues – DNV

Energy industry leaders believe the energy transition is accelerating and that 2022 is set to be a strong year for growth, DNV has said.

about 4 years ago

Exploration & Production

Over $400 million of Valaris backlog hangs in the balance after TotalEnergies abandons project

Valaris has secured new contracts for its rigs, however, over $400 million of backlog related to a drillship contract in the Gulf of Mexico now hangs in the balance.

about 4 years ago

Exploration & Production

ADNOC dishes out drilling deals worth nearly $2 bln for thousands of new wells

UAE’s ADNOC has awarded framework agreements to four oilfield services providers valued at $1.94 billion to enable drilling growth.

about 4 years ago

Exploration & Production

Noble counts on meaningful growth ahead as rigs secure more work

Noble Corporation has secured more work for its rigs, including a conditional award for four drillships working for ExxonMobil in Guyana.

about 4 years ago

Exploration & Production

Borr Drilling believes rig day rates will increase

Borr Drilling has converted several LOAs into contracts, secured a couple of new deals, and postponed delivery dates for five newbuilds.

about 4 years ago

Exploration & Production

New oil discovery in Gulf of Suez is one of area’s largest in 20 years

Dubai’s oil and gas company Dragon Oil has made its first oil discovery in the Gulf of Suez, considered the largest in the last 20 years.

about 4 years ago

Exploration & Production

Wintershall Dea closes Gulf of Suez chapter after 38 years

Wintershall Dea has decided to divest its interest in the Gulf of Suez concession after 38 years of production.

about 4 years ago