Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025.
Aker BP has secured drilling permits for three exploration wells in the North Sea off the coast of Norway, which will be drilled this month with a semi-submersible rig owned by Odfjell Drilling, an offshore drilling contractor.
Shelf Drilling (SHLF) has shed more light on the latest developments across its rig fleet, confirming the arrival of two jack-ups in West Africa and the start of drilling work in Norwegian waters for another unit.
An ultra-deepwater drillship, owned by Transocean, has kicked off its assignment with BP in the Gulf of America, formerly the U.S. Gulf of Mexico.
Australia’s wave energy developer Carnegie Clean Energy has completed electrical and control system testing for its ACHIEVE CETO wave energy unit at SEI’s facilities in the Basque Country, Spain. According to Carnegie, the milestone marks integration and validation of the system’s electrical, commun
Shell, BP, TotalEnergies, Equinor, Eni, ExxonMobil, Chevron, and ConocoPhillips have managed to come on top yet again, displaying the resilience of the energy sector with performance and quarterly results that show a combined profit of about $29 billion.
TotalEnergies is making strides in the development of the first-ever offshore oil field in Suriname. Progress has also been achieved in the construction of a floating production, storage, and offloading (FPSO) vessel destined for this project.
Pemex has undertaken repair work at a pipeline, which is connected to its oil platform off the coast of Mexico, to address leaks and prevent hydrocarbon presence on the North American country’s coast.
Norway-based energy data and intelligence player TGS has completed the seismic survey in Norway’s Vøring Basin as part of a two-year campaign to advance exploration in the complex volcanic region on the mid-Norwegian continental margin. According to TGS, the survey covers approximately 8,000 square
Trendsetter Engineering has tucked a new milestone under its belt with the first delivery of its flagship 20,000 psi (20K) intervention system, which has been deployed from Transocean’s drillship at a deepwater oil project operated by the U.S.-headquartered Beacon Offshore Energy in the Gulf of Amer
Sulzer has pointed out the operators’ need to pursue decarbonization tools to ensure cleaner production and more efficient operations, maximizing productivity and enhancing sustainability to tackle the climate change ticking time bomb and come to grips with energy security challenges.
Brazilian state-owned energy giant Petrobras has made a new oil discovery at an exploration well in the pre-salt Santos Basin off the coast of Brazil, South America.
TotalEnergies and its joint venture (JV) partners are making inroads in the development of a giant oil discovery in the Orange Basin off the coast of Namibia.
Norway’s Ministry of Petroleum and Energy has launched the award in pre-defined areas 2025 (APA 2025) round for oil and gas exploration activity, covering the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and the Barents Sea.
