Oil India has exercised its option to extend the drilling contract with Dolphin Drilling for the semi-submersible rig Blackford Dolphin.Further to the initial three-well firm campaign over an estimated 14-month duration, agreed in March 2024…
MODEC has outlined plans merge its wholly owned subsidiaries MODEC America and SOFEC from the start of 2026, bringing SOFEC fully into the group as a new Mooring Solutions Business Unit.SOFEC, known for its permanent mooring systems and fluid transfer technologies…
Harbour Energy has agreed to sell its operated interests in the Natuna Sea Block A field and the Tuna development project in Indonesia to Prime Group for $215 million in cash, as the U.K.-listed producer continues to streamline its portfolio…
Eni has exercised an option to keep a semi-submersible rig from Ventura Offshore Midco, a subsidiary of Brazilian offshore drilling contractor Ventura Offshore, operational offshore Indonesia.This is the second of four optional wells exercised…
The holiday season would not feel complete without festive greetings from offshore industry companies - and once again, they have delivered.While most of us are busy wrapping presents, planning family dinners, and counting down the days to the New Year…
India is seeking over $30 billion in compensation from Reliance Industries and BP in an arbitration case for gas it says the companies failed to produce from offshore fields, according to three people with knowledge of the matter.A tribunal…
Record-breaking 239,709 attendees from 172 countries gathered at ADIPEC 2025, reaffirming UAE’s convening power and its role as a global hub for energy, partnerships and innovation. ADIPEC 2025 generated an estimated US$400 million in economic benefits for Abu Dhabi’s economy…
Finder Energy has agreed to acquire the Petrojarl I floating production, storage and offloading (FPSO) vessel from Amplus Energy for $15 million in cash and shares, in a move the company said will accelerate development of its Kuda Tasi and Jahal (KTJ) oil fields project…
Singapore-based Mooreast Holdings is set to begin feasibility studies to develop up to 500 MW of large-scale renewable energy projects in Timor-Leste.The feasibility studies, scheduled to start later in November, follow the signing of a Letter…
ABL has been appointed through United India Insurance (UIIC) to oversee India’s Oil and Natural Gas Corporation (ONGC) rig moves between September 2025 and May 2026.Under the contract, ABL will act as marine warranty surveyor for an anticipated 25 ONGC rig moves…
Norwegian offshore supply vessel owner DOF Group has secured a contract award for moorings hook-up services in the Asia Pacific (APAC) region.The contract will use construction support vessel (CSV) Skandi Hercules with related mooring and subsea installation services…
Malaysian independent oil and gas exploration firm Hibiscus Petroleum has spudded a new well at the Teal West field in the North Sea, off the coast of the United Kingdom.The drilling operations is being done with Shelf Drilling’s Shelf Drilling Fortress jack-up rig…
Petrovietnam Drilling & Well Service Corporation (PV Drilling) has officially taken ownership of Noble Corporation’s Noble Highlander jack-up rig, which has been renamed to PV DRILLING IX.The rig has been transferred to PV Drilling’s technical team in Denmark…
Eni is aiming to get its gas joint venture with Malaysia's Petronas up and running some time next year, Guido Brusco, the Italian oil major's global natural resources chief operating officer, said on Monday.Both firms announced earlier this…
Finder Energy has executed a binding farm-in agreement with joint venture partner Timor Gap to increase the Timor-Leste state oil company’s stake in Production Sharing Contract (PSC) 19-11, entailing the Kuda Tasi & Jahal (KTJ) fields development project…
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