Norwegian seismic company PGS is supporting the upcoming Nigeria 2022 Mini Bid Round with a range of 3D coverage over the seven blocks that will be on offer. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced in mid-December 2022 that it is planning to hold a mini-bid round for
Ocyan, a subsidiary of the Novonor group that provides solutions for the upstream offshore oil and gas industry in Brazil and abroad, and LZ Energia, developer of technological solutions to reduce its customers’ operations fuel consumption and air pollution, have appointed DNV, the global independen
Solstad Offshore’s platform supply vessel (PSV) Normand Leader has saved 29 per cent of emissions and fuel consumption compared to a normal transit and only minor vessel speed alternations. Solstad said it had worked with partner VPS Decarbonization over the last weeks to use data analytics to save
Forum Energy Technologies (FET) has delivered three work-class remotely operated vehicles (ROVs) to Brazil-based OceanPact for deployment on Petrobras’ oilfields. The three 200HP Perry XLX-C ROVs, manufactured at FET’s UK facility at Kirkbymoorside, North Yorkshire, will be deployed on two of OceanP
Zenith Energy has been awarded a three-month exclusivity period to negotiate and finalise terms of a PSC for a block offshore Benin.
Masirah Oil, a subsidiary of Singapore’s Rex International, has completed its drilling campaign off Oman with Shelf Drilling’s jack-up rig.
Norwegian tanker owner and operator Frontline has terminated the combination agreement it entered into with Belgian counterpart Euronav in July 2022, the company revealed on Monday in a sudden turn of events. The stock-for-stock merger deal would have created a global oil tanker operator valued at $
Oilfield services provider Archer has closed the acquisition of plug and abandonment (P&A) specialist Romar-Abrado, increasing its guidance for this year. The acquisition is based on an enterprise value of $8 million, plus earn-out pending trading performance over 2023 to 2025, and is conducted on a
Dolphin Drilling has received a new Letter of Award (LOA) for a semi-submersible rig, which will prolong the rig’s assignment off Nigeria.
UAE-headquartered Shelf Drilling has won a contract extension for one of its jack-up rigs for operations off Egypt.
Should the U.S. scale up investments in oil and gas along with the deployment of renewables and clean energy technologies?
Transocean has kicked off a private offering of $500 mil of secured notes to cover in part the acquisition of its second, 8th-gen drillship.
UK-based energy services provider Altera Infrastructure has emerged from Chapter 11 bankruptcy, a few months after filing for it.
UK-based oil and gas player Serica Energy has outlined the strategic rationale behind its proposed acquisition of Tailwind Energy Investments.
