Seadrill Limited said it has been awarded contract extensions for the AOD I, AOD III and West Callisto for work offshore in the Arabian Gulf. The firm term of each contract is three years with commencement in direct continuation of the current contracts. AOD I, AOD III and West Callisto are now committed to June […]

APA Corporation today announced flow test results from the Krabdagu exploration well (KBD-1) on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with TotalEnergies (TTE), the operator, also holding a 50% working interest. Flow test data collected in the two lower intervals, the Upper Campanian and Lower Campanian, indicates […]

ExxonMobil and QatarEnergy today announced they have signed an agreement to further develop Qatar’s North Field East project, which will expand Qatar’s annual LNG capacity from 77 million tons to 110 million tons by 2026. The deal was announced at QatarEnergy’s headquarters in Doha.  “We are collaborating with QatarEnergy on North Field East to accelerate […]

The Minister of State for Energy Affairs, President and CEO of QatarEnergy, Saad Sherida Al-Kaabi, and Eni CEO, Claudio Descalzi, signed the partnership agreement for the creation of the new Joint Venture company during an official ceremony today. QatarEnergy will hold a 75% interest while Eni the remaining 25% interest. The JV will hold 12,5% […]

In recognition of the drillship’s outstanding performance in all aspects during its time in Brunei Darussalam, Shell has named Maersk Viking its 2021 Global Rig of the Year in the Floater Category. Maersk Viking is a high-spec ultra-deepwater drillship which was delivered in 2013. A Samsung 96K designed drillship with several Maersk Drilling upgrades including Managed Pressure […]

BW Energy commitment is prevalently focus on the continued press speculation regarding a potential of acquisition by the Group of the Golfinho field in Brazil, which Petrobras has in their divestment program.  BW Energy confirms having discussions with Petrobras for a potential purchase of the Golfinho Cluster offshore Brazil. This is part of the Group’s […]

Equinor has, on behalf of the Haltenbanken West Unit and Halten East licences, awarded Transocean Spitsbergen a firm drilling programme consisting of nine wells and options for another two. The value of the contract is estimated at around NOK 2.4 billion, including the options. The rig is scheduled to start the drilling campaign in the […]

Equinor and Halten East partners Vår Energi, Spirit Energy and Petoro have decided to invest about NOK 9 billion in the development of the area neighbouring to the Åsgard field in the Norwegian Sea. The area consists of six gas and condensate discoveries and option on another three prospects. The partnership today submits the plan […]

On 27 February 2022, Equinor decided to start the process of exiting the company’s Joint Ventures in Russia. Since then, Equinor has halted all new investments into Russia, stopped trading oil and gas products from Russia and announced an impairment of USD 1.08 billion on the balance sheet as of 31 March 2022. Equinor has […]

Neptune Energy Norge AS, operator of production licence 153, has concluded the drilling of appraisal wells 35/9-16 S and 35/9-16 A on oil and gas discovery 35/9-3 (Hamlet). The wells were drilled about 7 kilometres north of the Gjøa field in the North Sea, and 58 kilometres west of Florø. The 35/9-3 discovery was proven […]