Morocco commits $1 billion to oil and gas exploration as it targets energy independence by 2031
Private companies will fund 91% of a $1bn push to find commercially viable reserves Morocco plans to invest MAD 9.21…
Europe
Dolphin Drilling sells Blackford Dolphin for up to $25 million
Dolphin Drilling has signed an agreement to sell the Blackford Dolphin rig to SPM Energy Shipping for up to $25…
Africa
Saipem, Egypt’s MDC explore joint offshore drilling opportunities in Egypt and beyond
The companies will assess offshore drilling opportunities initially in Egypt, with potential expansion into other markets through joint ventures, consortia…
Asia
Asia Is Building the World’s Next $15 Trillion Energy Market
Asia will drive 70% of global energy demand growth through 2040, requiring $1 trillion in annual investment as industrial expansion…
Australia
Australian renewable energy investment surges to new heights
Five renewable energy projects totalling 1.4 GW of new generation capacity and 2.3 GW / 7.1 GWh of battery energy…
Africa
Santos spuds first well in Papua New Guinea oil infill campaign
Santos completed the reactivation of a rig for its oil infill drilling campaign in Papua New Guinea (PNG) during Q3,…
Middle East
Saipem teams with MDC to pursue offshore drilling work
Saipem and Modern Drilling Company (MDC) signed a memorandum of understanding to explore new offshore drilling opportunities, starting in the…
Africa
Five missing after rig sinks offshore Gabon
Borr Drilling’s jack-up Prospector 5 was preparing to drill for BW Energy Five people are missing after Borr Drilling’s jack-up…
Middle East
SOCAR, Eni discuss expanding joint projects
The State Oil Company of Azerbaijan (SOCAR) and the Italian Eni company have discussed opportunities to expand cooperation on joint…
South America
OneSubsea and oil & gas giants are unlocking deeper waters with all-electric subsea tech
Out with hydraulics, in with electric: OneSubsea, TotalEnergies, Equinor, BP, and Chevron have tested all-electric tech at depths up to…
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