On behalf of the Bacalhau licence partners, Equinor Brazil has awarded Valaris, represented by Ensco UK Drilling Limited and Ensco do Brasil Petróleo e Gás LTDA, a 540-day drilling contract scheduled to start in 2023.  “Brazil is one of Equinor’s core areas, and Bacalhau is one of our flagship projects internationally. We are pleased to […]

Longboat Energy, the emerging full-cycle North Sea E&P company, has completed  the farm-in agreement with OMV Norge. Through the agreement, Longboat farmed-in to two near-term, gas weighted exploration prospects on the Norwegian Continental Shelf (“NCS”) targeting combined gross unrisked mean prospective resources of 223 mmboe(1) (45 mmboe(1) net to Longboat). The first of these wells, […]

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 […]