Deltic Energy has significantly boosted gas volumes and decreased risk profile at the Selene prospect located in the UK North Sea.
Chief executive officer (CEO) of Saudi Arabian oil and gas giant Saudi Aramco has stated that the company would be pressing ahead with its plan to boost output capacity regardless of massive profit drop in 2Q 2020.
Stena Carron, a Stena Drilling-owned drillship, has arrived on location at the Kaieteur Block, offshore Guyana, to drill the Tanager-1 well for ExxonMobil.
The Norwegian Petroleum Directorate has granted Wellesley Petroleum a drilling permit for a wildcat well in the Norwegian Sea.
Pacific Drilling has been awarded a contract by Murphy Oil for ten firm wells for its drillship Pacific Sharav in the U.S. Gulf of Mexico.
The U.S. offshore rig count stayed flat again, as the number of active rigs is steady at 12 for the fifth week, according to a Friday report by Baker Hughes.
The low oil price has led energy companies to scale back near-term investment plans significantly, and 2020 will be very challenging for the marine seismic industry. Adding COVID-19 pandemic and energy transition from fossil fuels to this scenario has made the situation even worse, forcing seismic p
Offshore drilling contractor Noble Corporation has won a six-month deal for the Noble Sam Croft drillship with ExxonMobil in Guyana.
Brazilian oil major Petrobras has broken a monthly oil production record on its Buzios deepwater field offshore Brazil.
Somalia will reportedly announce the winners of its first oil and gas licensing round in early 2021 and use its proceeds to rebuild the country’s economy.
Oil and gas company Spirit Energy has hit a duster near the Ivar Aasen field in the central part of the North Sea.
Fincantieri and Saipem have signed a memorandum of understanding to promote the development of deep-seabed mining (DSM). Specifically, this deal sets the ground in the field of designing, engineering, building and managing DSM systems. Deep-sea floors are rich in minerals, mostly sulphides, cobalt c
A green energy transition will require the industry to make real progress in reducing its carbon footprint.
Oil and gas exploration firm Neptune Energy has stated that it made the largest oil discovery in Norway so far this year with its Dugong well in the Norwegian sector of the North Sea.
