ADNOC Drilling CFO sees $500 million of acquisitions this year
The drilling unit of the United Arab Emirates’ biggest oil company expects to make three acquisitions in the second half…
International
‘Larger’ slice for oil & gas exploration on Norway’s new offshore licensing menu
Norway’s Ministry of Petroleum and Energy has launched the award in pre-defined areas 2025 (APA 2025) round for oil and…
Dolphin Drilling’s 1990-built rig moves to P&A ops in North Sea
Norway-headquartered offshore drilling contractor Dolphin Drilling has confirmed that its 35-year-old semi-submersible rig is now focused on its plug and…
Modec seeks more engineers to boost global workforce
FPSO specialist opens new centre in India Japanese floating production, storage and offloading specialist Modec is looking to recruit even…
Commonwealth LNG Inks 20-Year Offtake
Commonwealth LNG has roped in an unnamed “major” Asian customer with the signing of a deal for the supply of…
Wood boosts North Sea operations with triple extension awards
Wood, a global leader in consulting and engineering, has secured a trio of reimbursable contract extensions worth $118 million to…
Eco Atlantic Moves Forward with Orange Basin Offshore Block Plans
Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has moved forward in the process of…
Valaris parts ways with 27-year-old jack-up rig for $108 million
Bermuda-headquartered offshore drilling contractor Valaris is divesting a jack-up from its rig fleet to boost its financial flexibility. The rig…
Valaris Announces Contract Award for Drillship VALARIS DS-15
Valaris Limited (“Valaris” or the “Company”) announced today that it has been awarded a five-well contract offshore West Africa for…
Equinor sells the Peregrino field for USD 3.5 billion
Equinor Brasil Energia Ltda., a subsidiary of Equinor ASA, has entered into agreements(1) with Brazilian company Prio Tigris Ltda., a…
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