The ExxonMobil-operated Liza-1 development, located in the Stabroek Block offshore Guyana, is now expected to start production through the Liza Destiny FPSO in December 2019, which is earlier than expected.
BW Offshore has revised its development plan for the Ruche project, located in the Dussafu Marine license offshore Gabon, including the Hibiscus discovery.
Vaalco Energy has started drilling its first development well in the 2019/2020 drilling program offshore Gabon, which should add additional production in December. Vaalco started its 2019/2020 drilling campaign and spud the Etame 9P appraisal wellbore at the Etame field last September. The company i
Singapore’s offshore service rigs provider Ezion Holdings had entered into a conditional sale and purchase agreement for three jack-up rigs with TK and HR Services S.A. de C.V.
Oil and gas company OKEA has confirmed the presence of an oil column at the Draugen field well located offshore Norway.
Expenditure on decommissioning in the UK to be £15.3 billion in the next decade
Affected by impairments for three retired rigs, offshore drilling contractor Transocean more than doubled its losses in the third quarter of the year when compared to the last year’s 3Q.
Spirit Energy has raised production from its key North Sea gas field after a successful drilling campaign worth £68.5 million ($88 million).
UK independent i3 Energy has reported that its Serenity well, located in the UK North Sea, is an oil discovery, confirming the strong commercial potential of the Serenity area.
Norwegian oil firm Equinor has drilled a duster at the offshore exploration well 32/4-3 S in the North Sea, offshore Norway.
Diamond Offshore nearly doubled its losses as its revenues dropped in the third quarter of 2019 when compared to the same period in 2018.
Valaris, formerly known as EnscoRowan, has been awarded new contracts and extensions with BP, Murphy Oil, Premier Oil, SapuraOMV, and Saudi Aramco.
Oil and gas company Cairn Energy has completed the first well in its drilling program offshore Mexico, but failed to prove hydrocarbons. Cairn expects to start drilling its second well off Mexico in November. In an update on Monday, Cairn said that the exploration target of the Alom-1 well on Block
The Norwegian competition authorities have rejected the proposed merger between offshore accommodation companies Prosafe and Flotel.
