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Maersk plans low-emission upgrade for another rig

Maersk Drilling has secured a contract extension offshore Norway from Aker BP for the ultra-harsh environment ...

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Brazil's offshore bidding round 'a disaster'

Brazil’s offshore oil and gas auction that had been described as the largest ever came short of expectations. The ...

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POSH Endurance vessel hired for Brunei work

Singapore’s offshore vessel operator Pacc Offshore Services Holdings has found work for its offshore vessel POSH ...

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2019 Norway's best exploration year since 2014

Equinor on Wednesday announced an oil and gas discovery near the Fram field in the North Sea off Norway. Energy ...

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Island Drilling firms up North Sea deal with Cairn

Island Drilling Company has signed a contract with Capricorn Norge, a subsidiary of Cairn Energy, for operations in ...

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Abu Dhabi climbs to sixth place in global oil & gas reserves

Abu Dhabi has become the world’s sixth-largest nation by oil and gas reserves,  Abu Dhabi’s Supreme Petroleum ...

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Brazil set to reap billions from 'mega' oil auction

Brazil is set to hold what has been described as a ‘mega-bidding round’ on Wednesday. In the licensing ...

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Masirah hires Foresight rig for Oman well

Masirah Oil has awarded a drilling rig contract to Foresight Offshore Drilling to use one of its jack-up rigs for ...

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OKEA's Skumnisse well comes up dry

The company said Tuesday that well will now be permanently plugged and abandoned as a dry well.

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Equinor hits oil and gas in North Sea

Equinor has discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in the North Sea.

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Aker BP cleared to use Odfjell rig for Nidhogg well

Norwegian E&P player Aker BP has received consent from the offshore safety body, the Petroleum Safety Authority ...

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Carigali Hess charter Velesto jack-up on a 3-year contract

Malaysian offshore drilling company Velesto Drilling has scored a contract with Carigali Hess for the provision of ...

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Santos agrees to acquire stake in Melbana's Beehive

Australian oil firm Santos has exercised an option to acquire a 40 interest in Melbana's Beehive permit offshore W. ...

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Saudi Aramco to proceed with possibly world's largest IPO

The IPO could be a record-breaking one, surpassing Alibaba's 2014 $25B IPO

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Kosmos strikes oil offshore Equatorial Guinea

Oil and gas company Kosmos has made an oil discovery at its S-5 well offshore Equatorial Guinea.

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Conrad spuds second well offshore Indonesia

Conrad Petroleum has started drilling the Tambak-1 well located in the Duyung PSC in the Natuna Sea offshore ...

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Falkland Islands: Sea Lion offshore license term extended

The Falkland Islands government has granted an extension for the PL032 Discovery Area offshore license containing ...

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Energean cheers Karish North success

Greek player Energean Oil and Gas has announced the successful appraisal of the Karish North discovery located ...

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Petrobras extends West Tellus drillship contract

Brazilian oil company Petrobras has extended a contract with Seadrill for the use of a drillship.

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Equinor to drill North Sea well with Seadrill rig

Equinor has received consent from the Petroleum Safety Authority to consent to drill an exploration well in the ...

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Offshore investments from last upturn unable to make money

According to Rystad’s evaluation of oil fields sanctioned since 2010, international E&P companies are struggling to ...

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ExxonMobil sees profit fall 49% on lower oil prices

Liza Destiny FPSO on its way to ExxonMobil's Liza field in offshore Guyana; Source: Hess

Exxon's production grew three percent from the third quarter of 2018 to 3.9 million barrels per day.

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Tower hires geotechnical drillship ahead of NJOM-3 spud

Illustration: Geoquip Investigator vessel - Image source: Geoquip Group

Oil company Tower Resources has signed a contract with Geoquip Marine Operations for a survey over its Thali block ...

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Falkland Islands: Argos Resources seeking drilling partner

The Falklands Islands government has extended the term of Argos Resources’ offshore license PL001 by 18 months, ...

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Shell picks OneSubsea for Ormen Lange development

Schlumberger's subsea systems division OneSubsea has signed a frame agreement with Norske Shell to supply a subsea ...

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Transocean keeps 2001-built floater busy in Norway

Floating rig contractor Transocean has won a contract for its 2001-built semi-submersible drilling rig

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Eni extends Sapphire Driller offshore rig contract

Offshore drilling company Vantage Drilling has scored more rig work with the Italian oil company Eni.

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