Offshore drilling contractor Transocean has secured four new contracts and extensions for its semi-submersible rigs and drillships during the second quarter of 2025, worth approximately $199 million.During the quarter, Transocean secured a contract extension with Equinor…
Equinor and its partners have drilled a dry well in the Garantiana NV prospect in the North Sea.Wildcat well 34/6-8 S was drilled in production license 554, which was awarded in 2010 (Awards in pre-defined areas 2009). This is the eighth well drilled in this production license…
The Dutch government on Wednesday scaled back plans to build offshore wind farms in the next 15 years, citing rising costs and lower-than-expected electricity demand from industry.The government said its previous target of achieving total offshore…
Oil and gas firm OMV has drilled a dry wildcat well in the Hoffmann prospect in the Norwegian Sea.The wildcat well 6606/4-1 S was drilled in production license 1194, which was awarded in 2023 (Awards in pre-defined areas 2022).OMV is the operator of the license with 40% working interest…
The Federal High Court of Lagos in Nigeria has ordered General Hydrocarbons Limited (GHL) to pay $105 million to Oslo-listed offshore drilling firm Dolphin Drilling for the termination of deal for the semi-submersible rig that was hired for operations off Nigeria…
Saudi drilling contractor Arabian Drilling has secured contract extensions for five of its jack-up drilling rigs, with a combined value of over $365 million.Arabian Drilling signed contract extension for four of its rigs with Aramco, with a combined backlog value of $364 million (SAR 1…
Jadestone Energy, an Asia-Pacific focused oil and gas company, has increased production rates expectations from the Montara field offshore Australia, as the drilling operation with Valaris’ Valaris 247 jack-up rig nears completion.The Skua-11ST well at the Montara field has reached target depth…
Shell has been granted environmental authorisation to drill up to five deep-water wells off South Africa's west coast, the company said on Friday.The oil major applied for authorisation last year and plans to drill exploration or appraisal wells…
Norwegian offshore supply vessel owner DOF Group has signed agreements to sell two of its anchor handling tug supply (AHTS) vessel to an international buyer.The sold vessels include Skandi Tender and Skandi Trader, both build in 2009.The sale…
Equinor and its partners have made a gas discovery in the Skred prospect, located near the Johan Castberg field in the Barents Sea, off Norway.The 7220/5-4well was drilled about 23 kilometers north of discovery well 7220/8-1 on the Johan Castberg…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for two wildcat wells in the North Sea, to be conducted with COSL’s COSLInnovator semi-submersible drilling rig.The drilling permit is for wellbores 34/8-20 S and 34/8-20 A in the license 554 E…
Offshore drilling contractor Northern Ocean has signed a contract with a subsidiary of Rhino Resources for the DeepSea Mira semi-submersible drilling rig, which has been hired for operations off Namibia, starting mid-July 2025.The contract includes one firm well for Rhino…
Canada-based oil and gas company Valeura Energy has advanced its multi-well drilling campaign offshore Thaild, using Borr Drilling’s Mist jack-up rig.During the second quarter of 2025, Valeura mobilized Borr Drilling’s Mist jack-up drilling rig to Block G11/48…
Norwegian oil and gas company OKEA has spudded an exploration well at the Brage field in the North Sea, offshore Norway, as part of the three-well drilling campaign.The exploration well, to be drilled in the southern part of the Talisker discovery…
Offshore drilling contractor Shelf Drilling has secured a one-year extension with Eni for its Key Manhattan jack-up rig.The total added contract value is approximately $29 million, and the rig is now committed until November 2026.According to Shelf Drilling…
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