Australia’s oil and gas player Beach Energy has dropped its plan to drill and complete a development well or pursue the subsea tie-in to the Otway gas plant, unlocking over $500 million in estimated near term capital to redeploy into higher-return opportunities.
Amplitude Energy (formerly Cooper Energy), an Australian gas production company focused on supplying the Southeast domestic gas market, has set the wheels in motion to take over the operatorship of an offshore gas field in the Otway Basin off the coast of Australia.
Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has secured 13 contracts year-to-date, enhancing its backlog by adding 2,250 days and $274 million in jack-up rig deals.
Norwegian oil and gas player Aker BP has obtained a drilling permit for an exploration well in the Norwegian sector of the North Sea, which is slated to be drilled next month using a semi-submersible rig owned by Italy’s Saipem.
ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has secured a long-term extension for a drilling assignment its 12-year-old jack-up rig is undertaking in the Dutch sector of the North Sea.
Malaysia’s Velesto Energy, owner of premium jack-up rigs, has been hired to supply a jack-up rig for a drilling campaign off the coast of Malaysia, Southeast Asia.
Norway’s oil and gas player DNO has received the go-ahead from the country’s authorities for drilling activities in the Norwegian Sea with a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.
Norway’s state-owned energy giant Equinor has received clearance from the Norwegian authorities to conduct drilling activities on the Norwegian Continental Shelf (NCS) with a semi-submersible rig owned by Transocean, an offshore drilling contractor.
ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has won a new offshore drilling assignment off the coast of Nigeria for one of its jack-up rigs.
Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has been hired on a jack-up assignment for a development drilling program at a field off the coast of Vietnam, Southeast Asia.
Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of three harsh environment mid-water and deep-water semi-submersible drilling rigs, has firmed up a multimillion-dollar assignment for its 36-year-old semi-submersible rig on the UK Continental Shelf (UKCS), while
Seadrill, an offshore drilling contractor, has secured a batch of rig assignments and extensions across the U.S. Gulf, Brazil, and Angola, with LLOG, a subsidiary of Harbour Energy, Brazil’s state-owned oil and gas giant Petrobras, and France’s energy giant TotalEnergies..
Norwegian state-owned energy giant Equinor has received authorization from the country’s authorities to embark on exploration drilling activities with one of COSL Drilling Europe’s semi-submersible rigs in the North Sea off the coast of Norway.
Switzerland-based offshore drilling contractor Transocean’s business combination with the Bermuda-incorporated Valaris is facing extended antitrust scrutiny, as the offshore drilling giants’ merger request is under review with the Federal Trade Commission and the Antitrust Division of the United Sta
