Australia’s 3D Oil Limited and ConocoPhillips have executed a joint operating agreement (JOA) in relation to the offshore Tasmanian Permit T/49P, which satisfies a key condition of the farmout agreement (FOA) signed in December 2019.
Vaalco has completed its 2019/2020 drilling campaign in the Etame Marin permit offshore Gabon, which included three development wells and two appraisal wells that confirmed additional resources.
London-listed oil company Bahamas Petroleum Company (BPC) has further pushed back the drilling of its first exploration well in The Bahamas, the Perseverance #1.
Woodside is exploring how the costs for its Sangomar project, located offshore Senegal, can be reduced and expenditure delayed due to the current coronavirus pandemic and the sudden fall of the oil price.
FAR Limited has temporarily suspended its plans to drill an exploration well offshore The Gambia as a result of the coronavirus pandemic.
Maersk Drilling has received a notification from Tullow Oil of early termination for convenience of the drilling contract for the drillship Maersk Venturer.
Global Energy Group has welcomed the first jack-up rig to berth at the Nigg Terminal jetty where it would be in lay up while it waits for its next contract.
Following EnQuest’s cancellation of mobilization of the Prosafe-owned Safe Zephyrus accommodation rig in the North Sea, Prosafe has said it will claim the full value of the contract.
Shelf Drilling has received an early contract termination for a jack-up rig operating offshore Nigeria.
Oil and gas company Byron Energy has hit oil and gas pay in the F5 well in the Gulf of Mexico but decided to suspend further activities due to the coronavirus outbreak.
The number of offshore rigs in the U.S. remained unchanged over the last week, according to a Friday report by Baker Hughes Company.
A contract for the Shelf Drilling-owned jack-up drilling rig operating in the Middle East has been changed to end sooner than previously agreed.
i3 Energy has awarded a drilling contract to a Dolphin Drilling-owned rig and agreed on a sale of an interest in a block offshore the UK.
MOL Norge has made an oil and gas discovery near the Balder field in the North Sea offshore Norway.
