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Oil & Gas Drilling News - page 38

 

BMT Wins Marine Monitoring Contract with BP

Oct 08, 2018

BMT has won a contract to provide multiple marine monitoring systems for BP’s new Mad Dog Phase 2 semi-submersible floating production facility in the Gulf of Mexico. These systems will play an important role in ensuring the day to day operations of the facility are conducted safely…

Baker Hughes Acquires 5% of ADNOC Drilling for $550 Mln

Oct 08, 2018

Baker Hughes, the world's second-largest oil services company, will take a 5 percent stake in Abu Dhabi National Oil Company's (ADNOC) drilling unit for $550 million under a tie-up announced on Monday.Baker Hughes (BHGE) becomes the first foreign…

Ensco to Buy Rowan in $2.38 Bln Deal

Oct 08, 2018

Offshore driller Ensco Plc said on Monday it plans to buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, as it looks to expand its fleet and benefit from a partnership with Saudi Aramco.This is Ensco's second deal…

Noble Energy Cashes Out of Tamar Petroleum After Egypt Gas Deal

Oct 03, 2018

Texas-based Noble Energy sold its 43.5 percent stake in Israel's Tamar Petroleum after announcing last week that it would help finance a gas export deal with Egypt, the Israeli business daily The Marker reported on Wednesday.Noble's sale of 40 million Tamar shares…

Sakhalin-1 Consortium to Pay $230 mln to Rosneft

Sep 28, 2018

Russia's Sakhalin-1 consortium, led by ExxonMobil, has agreeed to pay $230 million to Russian energy giant Rosneft as part of an out-of-court settlement, the managing director of consortium partner ONGC Videsh told Reuters on Friday.The deal…

Petrogal to Invest Up to $1 bln per Year in Brazil -CEO

Sep 28, 2018

Petrogal, the Brazilian unit of Portugal's Galp, plans to spend $800 million to $1 billion annually in the coming years in Brazil to develop its current oil and gas assets and boost its stake offshore, its chief executive officer said on Thursday…

Shell, Chevron Clinch Saturno Block in Brazil Oil Tender

Sep 28, 2018

A consortium made up of Royal Dutch Shell and Chevron Corp won the Saturno block in the Santos basin in Brazil's pre-salt offshore oil auction on Friday, outbidding a rival group led by Exxon Mobil Corp.Shell's consortium won by pledging 70…

Exxon Brazil to Focus on Drilling and Production

Sep 27, 2018

Exxon Mobil Corp will focus on drilling and production in Brazil now that it has made extensive acquisitions of oil blocks in the country, the company's chief executive officer in Brazil, Carla Lacerda, said on Thursday.Exxon also sees new opportunities in Brazil's biofuels…

Total Buys Chevron's Interest in Danish Underground Consortium

Sep 25, 2018

French oil and gas major Total said it has agreed to take all of Chevron's share capital in the Danish Underground Consortium (DUC), which will increase its stake in the project and expand its North Sea presence.The acquisition comes a day after…

Wild Well Announces Onsite Training

Sep 24, 2018

Well control and engineering services firm Wild Well Control, Inc., a Superior Energy Services company, announced that it will offer well control training to drilling rig crews onsite with its rigsite well control Crew Training Unit.Wild Well…

Rowan Norway Awarded Turkish Petroluem Contract

Sep 24, 2018

Rowan Companies plc announced that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded a two-well contract in the Mediterranean Sea by Turkish Petroleum with an estimated duration 100-140 days. The contract is expected to commence in late 2018…

Transocean Norge to Drill for Equinor

Sep 21, 2018

Equinor has awarded Transocean a contract for drilling six wells on the Norwegian continental shelf (NCS) by use of the Transocean Norge mobile rig. Drilling start-up is scheduled for the summer of 2019.The rig has also been awarded a contract…

Pemex Reaches Deal to See if Talos Find Reaches Its Block

Sep 21, 2018

Mexican state oil firm Pemex has reached a preliminary agreement with a consortium led by Talos Energy to evaluate whether the group's find in the Gulf of Mexico extends into a neighboring Pemex block, the companies said in a statement on Thursday…

O&G Output at Russia's Pacific Sakhalin Island Seen Down in 2019

Sep 20, 2018

Production of oil and natural gas at the Russian Pacific island of Sakhalin is expected to decline next year, the local government said in an emailed response to a Reuters query.Sakhalin, which is also famous for producing seafood, derives most…

Current News

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Petronas Taps ADC Energy for Offshore Rig Inspection Services

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Ørsted Won't Take Part in Taiwan's Offshore Wind Round

Brassavola LNG Bunker Vessel Named in Singapore

Brassavola LNG Bunker Vessel Named in Singapore

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Shell to Invest in Second Offshore Oil, Gas Project in a Month

Japan Designates 'Promotion areas' for Offshore Wind Farms

Japan Designates 'Promotion areas' for Offshore Wind Farms

Australia Rules Out Curbs on LNG Exports after Producer Deal

Australia Rules Out Curbs on LNG Exports after Producer Deal

Maersk Training, NaMICPA to Set Up GWO Training Center in Nagasaki

Maersk Training, NaMICPA to Set Up GWO Training Center in Nagasaki
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