Eni has signed a petroleum exploration development and production license agreement with the government of The Gambia for the offshore Block A1.Block A1 covers an area of approximately 1,300 square kilometres in water depths ranging from 1,250 metres to 3…
Malaysia’s oil and gas services firm Velesto Energy has secured a contract from Northern Gulf Petroleum (NGP) for the provision of jack-up drilling rig services offshore Thailand.The contract was awarded to Velesto's wholly owned subsidiary…
A combination of contract terminations, spiraling insurance costs and the threat to EPC projects are creating a complex combination of risk for offshore operators in the Middle East Gulf.In its latest HORIZON Monthly Offshore report, MSI notes that…
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