August 09, 2022
A federal judge ruled Brazil’s Petrobras liable in a lawsuit filed by Houston firm IEG Global Energy Partners, finding that Petrobras defrauded EIG in connection with a deal to build and charter 28 oil drilling rigs for work off the coast of Brazil.
July 27, 2022
ADNOC Drilling secured $2 billion wroth of contracts from state-owned Abu Dhabi National Oil Company for its Ghasha offshore mega gas project, which ADNOC says is the world’s largest sour gas development.
July 22, 2022
Schlumberger said annual sales will rise the most in 11 years as concern over inadequate energy supplies outweighs recessionary fears among major oil explorers.
July 19, 2022
Sparrows Group, engineering and maintenance specialists for the global energy and industrial sectors, has secured a contract worth approximately £50 million with a major UKCS operator to provide crane management services across its operating assets in the North Sea.
After years of operating on beer budgets, service and supply companies have every reason to uncork the champagne these days. However, the Dom Pérignon may have to remain on ice for now, as bright prospects run headlong into near-record inflation, supply chain bottlenecks, repercussions from the Ukrainian war and China’s Covid-induced lockdown.
July 18, 2022
Sembcorp Marine Ltd, through its wholly owned subsidiary, Sembcorp Marine Offshore Platforms Pte. Ltd., has entered into an Engineering, Procurement, Construction and Installation contract with a major energy company for a gas topsides project in Australia.
July 13, 2022
Mubadala Petroleum announced that the drilling of the Timpan-1 exploration well offshore North Sumatra, Indonesia, has been completed with the discovery of a 390-foot gas column.
June 29, 2022
Sembcorp Marine Ltd successfully completed the delivery of the world’s first eighth-generation drillship, the Deepwater Atlas, for Transocean’s subsidiary Triton Atlas GmBH.
June 28, 2022
Canadian-based oil and gas exploration company, Eco Atlantic, through its subsidiary Azinam Limited, signed a farmout agreement for the acquisition of an additional 6.25% participating interest in Block 3B/4B offshore South Africa.
June 27, 2022
BiSN, a supplier of sealing solutions and technology to the global oil and gas industry, announced that it has completed its 300th deployment, helping operators around the world to effectively solve common downhole flow issues.
June 23, 2022
Seadrill Limited, an offshore drilling contractor, announced it has been awarded contract extensions for the AOD I, AOD III and West Callisto jackup rigs for work offshore in the Persian Gulf.
June 21, 2022
TotalEnergies SE in February said it had made a “significant” oil discovery off the coast of Namibia, three weeks after Shell Plc announced a find off the southwest African nation.
June 13, 2022
BP sold out of Canada’s oil sands, divesting its stake in the Sunrise project to Cenovus Energy Inc. while acquiring offshore exploration from the same company in the east of the country.
June 02, 2022
Shell Plc won official consent to develop the Jackdaw natural gas field in the UK’s North Sea, eight months after the country’s regulator blocked the project on environmental concerns.
May 31, 2022
Petrofac, a global energy industry services provider, has been selected by i3 Energy to provide well engineering, well operations and well operator services for its UK North Sea license areas.