Fossil Energy
Vaalco hedges part of production for drilling and FSO upgrade costs
Houston-based Vaalco Energy is hedging a portion of its production to protect cash flows, which will be used for its drilling campaign and the potential floating storage and offloading unit capital upgrade costs.
BOSS autonomous seismic survey vehicle wraps up sea trials
Blue Ocean Seismic Services (BOSS) has completed sea trials for a test prototype version of its underwater autonomous vehicle for offshore seismic surveys. The testbed ocean bottom seismic robotic vehicle (tOBSrV) traversed a series of waypoints in Perth, Australia, while providing status updates to
Carnarvon set to drill Buffalo well in fourth quarter of 2021
Australian oil exploration company Carnarvon Petroleum has decided that the drilling of the Buffalo-10 well offshore Timor-Leste would occur in the fourth quarter of 2021.
Dolphin rig to drill HPHT well for Wellesley
Dolphin Drilling has secured a Letter of Intent with Wellesley Petroleum for the drilling of an HPHT exploration well on the NCS.
Shelf Drilling sees encouraging signs of improving jack-up market
Shelf Drilling is seeing encouraging signs of an improving jack-up market with an increase in the global number of contracted jack-ups.
PetroRio finds more oil on Polvo field off Brazil
Brazilian oil and gas company PetroRio has struck oil during the drilling of the Eocene reservoir at the Polvo field located offshore Brazil.
Seadrill Partners scoops $43 million deal for drillship in Malaysia
Offshore drilling contractor Seadrill Partners has secured a contract for one of its drillships with an undisclosed client in Malaysia.
Schlumberger, NOV in automated drilling solutions adoption push
Giant oilfield services provider Schlumberger and NOV have started a collaboration to accelerate automated drilling solutions adoption by oil and gas operators and drilling contractors.
Valaris secures more jack-up work with Mubadala
Offshore drilling contractor Valaris has been awarded a contract extension for one of its jack-up drilling rigs by Mubadala Petroleum.
Diamond elects ex-Pacific Drilling and Noble exec as new CEO
Diamond Offshore has named a former boss of Pacific Drilling and a former executive of Noble Corporation as the company’s President and CEO.
TGS begins Santos Basin phase 4 3D survey
Norwegian seismic firm TGS has commenced the multi-client Phase 4 3D survey in the Santos Basin offshore Brazil. The survey is taking place in the western portion of the Santos Basin and works as a northwest extension of the existing TGS Santos 3D, covering approximately 5,000 square kilometers. The
Keppel snatches contract to build FPSO for world’s largest deepwater oil field
Petrobras has signed a contract with Keppel to build the P-78 FPSO, the seventh unit to be installed in the Búzios field, offshore Brazil.
Total picks Bilfinger for inspection services off Denmark
Engineering and services group Bilfinger has been hired by oil major Total for inspection services on its assets offshore Denmark.
Petrofac hired for BP’s Greater Tortue Ahmeyim project
Petrofac has secured a contract with BP to develop operational procedures for the Greater Tortue Ahmeyim project in Mauritania and Senegal.