Offshore drilling contractor Transocean has secured contracts worth approximately $550 million for two ultra-deepwater drillships in the U.S. Gulf, covering a combined 15 wells and adding to the company's firm contract backlog.The contracts involve the Deepwater Proteus and Deepwater Conqueror drillships, both awarded work by undisclosed operators, Transocean said in an October 19 announcement.The Deepwater Proteus secured a 10-well contract valued at approximately $325 million in backlog…
Sunda Energy has secured a 12-month extension to the current phase of its Chuditch gas licence offshore Timor-Leste, following an earlier warning from the country's upstream regulator that the production sharing contract (PSC) could be terminated over unmet drilling obligations…
Finder Energy has signed a contract worth an estimated $42.3 million with Eneos Drilling for the Hakuryu-5 semi-submersible rig to drill three development wells at the Kuda Tasi and Jahal (KTJ) offshore oil project in Timor-Leste.The agreement covers the provision of the rig…
Eni has completed the Bouri Gas Utilization Project (GUP) offshore Libya, with start-up procedures underway for infrastructure designed to recover associated gas previously flared at the field and reduce CO2 emissions by approximately 1.5 million tonnes annually…
Equinor and its partners Petoro and TotalEnergies have made an oil and gas discovery near the Oseberg field in the Norwegian North Sea, with preliminary estimates indicating between 19 million and 50 million barrels of recoverable oil equivalent…
BP estimated on Tuesday its third-quarter refining margins tripled from last year as the Iran war boosts profits for oil majors, but also flagged $3 billion to $4.5 billion in impairments relating to its gas and low-carbon energy segment.This…
Energy data company TGS has signed a framework agreement with newly established Galdor Exploration to use artificial intelligence (AI) and integrated subsurface data to identify exploration opportunities on the Norwegian Continental Shelf and across the wider North Sea region…
Eni has signed two binding agreements to sell 10% interests in seven production sharing contracts (PSCs) in Indonesia to Pertamina and Medco, covering assets operated by its joint venture with Petronas.Under the first agreement, Eni will sell its 10% interests in the East Sepinggan…
Valaris has added about $220 million to its contract backlog through new offshore drilling contracts and extensions since its previous fleet update in August, including work in Suriname, Australia and the North Sea.The offshore driller secured…
The number of liquefied natural gas cargoes exiting the Strait of Hormuz rose in September to its highest monthly level since the US-Israeli war on Iran began, data from analytics firms show, despite persistent security worries and uncertainty…
More QatarEnergy-linked liquefied natural gas vessels, laden and in ballast, have transited the Strait of Hormuz in the last week despite the US-Iran conflict.In August, Kpler data showed no visible transits by Qatar-linked LNG vessels or vessels carrying cargoes from the Ras Laffan gas terminal…
Crude oil flows out of the Strait of Hormuz reached 33.7 million barrels so far in the week starting September 20, preliminary ship-tracking data from Kpler showed on Friday, putting exports roughly on track with the previous week's levels.The traffic comprised 19 tankers…
Eni has confirmed it was awarded a 100% participating interest in Indonesia's deepwater Sapukala exploration block, adding acreage adjacent to its existing portfolio and the future North Hub developments in the Kutei Basin.The award, previously…
A total of 17 commodity vessels transited the Strait of Hormuz on the weekend, down from 37 a week earlier, shipping data showed on Monday, as tension in the Gulf persisted with the US and Iran in stalemate.Visible traffic through the strait…
As offshore oil and gas platforms, offshore wind farms and maritime energy assets become increasingly connected, they are also becoming more exposed to sophisticated cyber threats. At the same time, a wave of new cyber security regulations is reshaping how operators protect critical infrastructure…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week
