Lime Petroleum, a subsidiary of Singapore’s Rex International, is buying Repsol’s interest in the Brage field located offshore Norway.
Houston-based oil and gas company Vaalco Energy has hired one of Borr Drilling’s jack-up rigs for its 2021/2022 drilling program on the Etame field off Gabon.
The Norwegian Petroleum Directorate has granted MOL Norge a drilling permit for an appraisal well in the North Sea off Norway.
Offshore drilling contractor Transocean has been awarded two contracts for its rigs for operations in waters offshore Norway.
Oil and gas company Lundin Energy has sold first-ever certified carbon neutrally produced oil from its Johan Sverdrup field offshore Norway.
Offshore rig operator Japan Drilling Co. (JDC) has been awarded a drilling contract for a jack-up rig for operations offshore Qatar.
FAR Limited has contracted a Stena Drilling-owned rig to drill the Bambo-1 exploration well, located on its acreage offshore The Gambia.
Australia has opened bidding for the 2021 Offshore Petroleum Exploration Acreage Release, offering around 80,000 square kilometres for exploration in Commonwealth waters.
Hurricane Energy has hired a Stena Drilling-owned rig for plug and abandonment of the Lincoln-14 well, located off the UK and restarted at Lancaster.
Offshore drilling contractor Shelf Drilling has secured a contract for one of its jack-up rigs to work for Chevron in Angola.
Norway’s safety watchdog, the Petroleum Safety Authority (PSA), has given Equinor and Wintershall Dea consents to use two Odfjell Drilling rigs for work offshore Norway.
In addition to a reduction in a full field breakeven oil price, Equinor expects to see an increased production capacity at its Johan Sverdrup field.
Borr Drilling has made changes to its JVs in Mexico, exiting the integrated services JVs and becoming a majority owner in the drilling services JVs.
No stone is left unturned when it comes to options for reducing carbon emissions, including electrification of oil and gas assets, carbon capture usage and storage, replacing fossil with renewable sources of energy and introducing alternative fuels like hydrogen and ammonia.
