Philippines ports and gaming tycoon Enrique Razon is acquiring a majority stake in a South China Sea gas field from a close ally of outgoing President Rodrigo Duterte, a move seen benefitting his oil exploration franchise on the Reed Bank.Razon's Prime Infra Holdings Inc said in a statement on Thursday it will buy a controlling stake in the Malampaya gas-to-power project from Dennis Uy's Udenna Corp for an undisclosed amount…
Jack-up drilling rig specialist Shelf Drilling has agreed to buy the Deep Driller 7 jack-up drilling rig from the Indian offshore drilling company Aban Offshore. Shelf Drilling will pay $30 million for the 2008-built jack-up drilling unit. The rig is of Baker Marine Pacific Class 375 design…
UK-based oilfield solutions company Oil Plus has said it has secured two produced water-related projects in Qatar worth $450,000 in total. Oil Plus will deliver a Pre-FEED oil and water analysis for Qatar Energy, and a water injection study…
Oslo-listed offshore drilling firm Borr Drilling has won a binding Letter of Award for its jack-up drilling rig 'Saga' from an undisclosed operator in Southeast Asia.The drilling program is expected to start in Q4 2022, in direct continuation of the current contract…
Australian oil and gas company Carnarvon Energy said the recent Pavo-1 oil discovery it made with operator Santos offshore W. Australia was a 'stellar exploration success.'The company has completed its Pavo resource assessment and said that…
Australian oil and gas company Santos has not found commercial hydrocarbon quantities at its Apus-1 well, located offshore W. Australia, 27 kilometers from the successful Pavo-1 well discovery.Carnarvon Energy, Santos' partner in the license WA-437-P…
Australian oil and gas company Santos has started drilling at the Apus-1 well offshore W. Australia, using the Noble Tom Prosser jack-up drilling rig.The rig recently moved to the Apus-1 well site from the Pavo-1 well where Santos, and its partner Carnarvon…
Australian oil and gas company Santos has mobilized the Noble Tom Prosser jack-up drilling rig to the Apus-1 well location offshore W. Australia, with the drilling operations set to start within a week.The rig recently completed drilling the successful Pavo-1 well…
Australian oil and gas firm Santos has completed drilling operations on the Pavo-1 well, drilled in the WA-438-P exploration permit, offshore W. Australia, where the company earlier this week announced a significant oil discovery.According to Carnarvon Energy…
BHP Petroleum has submitted an environment plan for the 'safe and sustainable' closure of the Griffin Gas Export Pipeline, offshore W. Australia.The Griffin Gas Export Pipeline is located within Pipeline Licence WA-3-PL, in Commonwealth waters…
Australian oil and gas company Santos has made a 'significant' oil discovery at Pavo-1 exploration well, 46 kilometers east of the Dorado field in the Bedout Sub-basin, offshore Western Australia.According to Santos, the well was drilled on…
Malaysian oil and gas company Petronas Carigali, a subsidiary of Petronas, has awarded a two-year contract to Velesto Energy's subsidiary Velesto Drilling for the provision of jack-up drilling rigs.The contract, which covers a suite of Velesto's NAGA jack-up rigs…
Australian oil and gas company Santos is drilling ahead at its Pavo-1 well, off W. Australia, after last week's spud using the Noble Tom Prosser jack-up drilling rigThe Pavo-1, operated by Santos (70%) with Carnarvon as partner (30%) is targeting…
U.S. oil and gas company ConocoPhillips has awarded a jack-up drilling rig contract to Malaysia's Icon Offshore for its Sarawak 2022 drilling campaign.The contract is for the Icon Caren jack-up drilling rig, previously known as Perisai Pacific 101…
Kuwait Foreign Petroleum Exploration Company (“KUFPEC”) said Sunday that its subsidiary KUFPEC Indonesia had made a commercial discovery of gas and condensate in the Anambas Block, offshore Indonesia. KUFPEC Indonesia made the discovery through the drilling of the Anambas-2X well…
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