Valaris has won a long-term assignment for one of its floaters with an undisclosed oil and gas company in West Africa.
Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have reached a decision to drill an exploration well in a block in the Bulgarian sector of the Black Sea.
As idle rig times loom in the U.S. Gulf this year, Westwood Global Energy, an energy market research and consultancy firm, has pointed out that the supply, demand, and utilization for drillships are set to pick up the pace in 2026, with long-term fundamentals in the offshore drilling market painting
Norwegian state-owned energy giant Equinor has brought on stream a field it operates in the Barents Sea, which is expected to produce for 30 years.
A jack-up rig owned by offshore drilling contractor Valaris has arrived in Australia to start working on a drilling campaign for the Singapore-headquartered oil and gas player Jadestone Energy.
Israel’s Ministry of Energy and Infrastructure has put its stamp of approval on six licenses in a fourth competitive process for natural gas exploration in the State of Israel’s Exclusive Economic Zone (EEZ). The list of license winners entails Azerbaijan’s SOCAR, NewMed Energy – former Delek Drilli
Petrobras has tucked a new carbon dioxide (CO2) reinjection milestone in the Santos Basin pre-salt layer under its belt, thanks to 22 floating production, storage, and offloading (FPSO) vessels capturing and reinjecting CO2 off the coast of Brazil.
With forecasts indicating that the United Kingdom (UK) will need billions of oil and gas barrels by 2050 amidst the ongoing economic challenges and energy market headwinds and tailwinds, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has outlined in its new repor
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has made what it says is a major oilfield discovery in the deep and ultra-deep South China Sea plays.
Alaska Gasline Development Corporation (AGDC) has signed binding agreements with Glenfarne Alaska LNG, an affiliate of Glenfarne Group, for the latter to become the majority owner of a liquefied natural gas (LNG) export project in Alaska and lead its development to construction.
Danish wave energy technology company Exowave is entering an important phase of developing its wave energy technology, as the power take-off (PTO) system is set for wet testing in the coming weeks. “We’re thrilled to share that the PTO assembly is progressing exceptionally well—faster than expected
OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has failed to find hydrocarbons at its wildcat in the northern part of the North Sea, resulting in the well’s plug and abandonment.
UK-based Global OTEC is advancing ocean thermal energy with its first onshore pilot of the OTEC Power Module, a compact system designed to generate continuous, clean electricity from ocean temperature gradients. The onshore demonstration will tap into existing deep seawater intake sites, using the t
Norwegian oil and gas operator DNO has made an oil and gas discovery in a license it operates in the Northern North Sea using a semi-submersible rig owned by China’s CMC and managed by Odfjell Drilling.
