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Green(er) Rigs: NOV, Kongsberg, COSL Team Up to Cut Offshore Drilling Emissions, Cost

Feb 03, 2021

Offshore drilling contractor COSL Drilling has partnered up with maritime tech provider Kongsberg Maritime, and drilling equipment firm NOV, to cut greenhouse emissions and lower the cost of its offshore drilling operations.COSL’s project, called ‘Energy Control’…

Woodside Halts Some Activity in Myanmar After Coup

Feb 02, 2021

Australia's Woodside Petroleum has put some activity on hold in Myanmar after generals seized power and detained elected leader Aung San Suu Kyi, and said on Tuesday it was monitoring the changing situation in the country.Woodside has been working…

Awilco Drilling CEO Resigns as Rig Cancellations 'Change Prerequisites'

Feb 01, 2021

Jens Berge, Chief Executive Officer of the troubled offshore drilling contractor Awilco Drilling has resigned from the company 'to pursue other opportunities.'In an announcement released Sunday evening (CET), Oslo-listed Awilco Drilling, which…

Masirah Oil Starts Production from New Well Offshore Oman

Feb 01, 2021

Oil firm Masirah Oil has informed that production has kicked off from the second development well drilled in the Yumna Field, in the Block 50, offshore Oman.The well was spudded on December 10, 2020, using the Shelf Drilling Tenacious jack-up rig…

Keppel to Exit Offshore Rig Building Business

Jan 28, 2021

Singapore's Keppel Offshore & Marine, a company famous for its offshore rig construction, is set to undergo a major transformation, look for opportunities as a developer and integrator of offshore energy and infrastructure assets, and exit the offshore rig building business…

ADNOC Cuts Short Two Shelf Drilling Rig Contracts

Jan 18, 2021

UAE-based firm ADNOC Drilling has decided on the early termination of two jack-up rig contracts with drilling contractor Shelf Drilling.Shelf Drilling, a company with one of the largest jack-up rig fleets in the world, said Monday that the customer…

Energean Sanctions Karish North Gas Field Project. Gets $700M Loan

Jan 14, 2021

Mediterranean Sea-focused oil and gas company Energean has taken Final Investment Decision ('FID') on the Karish North gas development, offshore Israel.The gas discovery was announced in April 2019. In November 2020, DeGolyer and MacNaughton…

Eni Hires PV Drilling VI Jack-Up for Drilling Offshore Vietnam

Jan 05, 2021

Vietnamese offshore drilling company PV Drilling has recently signed a contract with Italian oil giant Eni for the supply of its PV Drilling VI jack-up rig.The contract, with Eni Vietnam, is for the oil company's 2021 drilling campaign, scheduled to start in early January off the coast of Vietnam…

Santos Makes $235M FID for Bayu-Undan Infill Drilling Program

Jan 05, 2021

Australian oil and gas company Santos, the operator of the Bayu-Undan field in the Timor Sea, off Timor Leste, has reached a Final Investment Decision for the US$235 million Phase 3C infill drilling program at the offshore field.The program…

Australia: BP's Closely Watched Ironbark Offshore Well Fails to Deliver

Dec 29, 2020

BP's closely watched Ironbark exploration well offshore W. Australia, which partners had hoped could unearth 15tcf of gas, has not encountered hydrocarbons, not in significant volume anyway.Beach Energy, BP's partner in the project, said Tuesday that the well had been drilled to a total depth of 5…

Santos Nabs Exploration Permit Offshore W. Australia

Dec 24, 2020

Australian oil and gas company Santos has been granted an offshore exploration license in Northern Carnarvon Basin, offshore W. Australia.The Exploration Permit WA-546-P was granted by National Offshore Petroleum Titles Administrator (NOPTA) earlier this week…

Eni, PTTEP Grab Hold of Giant Offshore Block in UAE

Dec 22, 2020

Italian oil and gas firm Eni and Thailand’s national oil company PTTEP have been awarded exploration concession for Offshore Block 3 in the United Arab Emirates, with the concession deal signed with ADNOC on Monday.Eni is the operator with a 70% stake in the Exploration Offshore Block 3…

Weir to Deliver 1,800 Sets of Wellheads and Trees for PTTEP in Gulf of Thailand

Dec 21, 2020

Oilfield equipment supplier Weir Oil & Gas has signed a five-year contract with Thailand's national oil company PTT Exploration and Production (PTTEP) to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand. The contract is valued at $70 million…

Shelf Drilling Sells Jack-Up Rig to ADNOC for $77.6M

Dec 21, 2020

Oslo-listed offshore drilling company Shelf Drilling has agreed to sell a jack-up drilling rig to UAE-based ADNOC Drilling.Under the agreement, ADNOC Drilling, a drilling subsidiary of UAE's national oil company ADNOC, will buy Shelf Drilling's Shelf Drilling Journey jack-up drilling unit…

MHWirth to Deliver $80M Drilling Equipment Package for Chinese Drillship

Dec 21, 2020

Drilling solutions provider MHWirth has secured an order to deliver a drilling equipment package for a Chinese drillship.The company, part of Norway's Akastor, will deliver drilling equipment for China's Guangzhou Marine Geological Survey (GMGS)…

Current News

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Southeast Asia Expected to Boost Coal Trade

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PTTEP Sells Its Entire Stake in Deepwater Block Offshore Mexico to Repsol

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First Oil Starts Flowing at CNOOC’s South China Sea Field

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TotalEnergies Extends LNG Supply Agreement with CNOOC Until 2034

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CNOOC Maintains Steady Oil Production as Bebinca Typhoon Crosses East China Sea

Chinese Demand Spurs Global Wind Turbine Ordering

Chinese Demand Spurs Global Wind Turbine Ordering

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