Petronas Carigali, a wholly-owned subsidiary of Malaysia’s state-owned energy giant Petronas, has signed multiple agreements with Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) related to the development of two blocks offshore Malaysia. Petronas Carigali and PTTEP sig
Akrake Petroleum, a joint venture company of Singapore’s Rex International Holding, has signed a production sharing contract (PSC) for operatorship and a working interest in a field offshore West Africa. The plans include redeveloping the field and restarting production. Akrake Petroleum, a wholly-o
Brazilian oil and gas player Enauta has signed a contract with QatarEnergy Brasil for the acquisition of a stake in oil fields located in the Campos Basin for $150 million. Enauta reported that it was set to acquire the entire 23% stake held by QatarEnergy Brasil in the oil fields of Abalone, Ostra
Seadrill has found long-term assignments for two drillships with Brazil’s state-owned oil and gas giant, Petrobras.
Petrobras has embarked on drilling operations at a well, which marks the resumption of the company’s search for oil and gas in the Equatorial Margin.
Noble Corporation has added more work to the backlog of one of its semi-submersible rigs offshore Colombia, South America.
Dolphin Drilling has inked a letter of intent (LOI) for a long-term drilling program, enabling one of its semi-submersible rigs to carry operations in the UK with an undisclosed operator.
Dolphin Drilling is now facing legal action after ending a contract in Nigeria for a semi-submersible rig with Peak Petroleum Industries Nigeria Limited (Peak Petroleum).
Empyrean Energy is setting the stage to drill a high-impact prospect next year in Block 29/11 offshore China.
Norway saw a slight rise in oil production in November 2023 compared to the volume seen in October 2023 and last year.
EnQuest has reached an agreement with Viaro Energy for the sale of a 15% working interest in a North Sea field and floating production, storage and offloading vessel (FPSO). EnQuest reported it had reached an agreement with Viaro Energy’s subsidiary RockRose UKCS 10 today, December 22, to sell a 15%
Canadian oil and gas player Trillion Energy has completed 3D seismic reprocessing for a natural gas field in the Black Sea off Türkiye which is said to have shown significant implications for exploration potential. 3D seismic reprocessing has been completed for the SASB gas field and Trillion Energy
Equinor has signed an agreement with State Oil Company of Azerbaijan Republic (SOCAR) to divest all its remaining assets in Azerbaijan where it has been present since 1992. The assets comprise a 7.27% non-operated interest in the Azeri Chirag Gunashli (ACG) oil fields in the Azerbaijan sector of the
Norwegian state-owned energy giant Equinor has selected MAN Energy Solutions to deliver compressor bundles that will replace units from another original equipment manufacturer (OEM) at a platform offshore Norway. MAN Energy Solutions will deliver a total of three compressor bundles and an additional
