Asia2 months agoVelesto Markets Naga 8 Jack-Up for New Drilling Opportunities After Contract TerminationMalaysia’s Velesto Energy, owner of premium jack-up rigs, has unveiled the termination of a contract for a jack-up rig currently…
South America2 months agoLionheart nears $400 million deal for Venezuela oil field stakeLionheart Capital is close to a $400 million deal for a stake in a Venezuelan oil field, in what would…
Europe2 months agoTransocean Barents drilling continues as OMV Petrom nears Neptun Deep well totalOMV Petrom and Romgaz completed six of the ten planned production wells at the Neptun Deep gas project in the…
Europe2 months agoBurnham set to revamp UK government with energy and AI boostAndy Burnham has not even started as Britain’s prime minister but already faces accusations of “buckling under pressure” should he…
South America2 months agoBorr Drilling’s Mexican JV closer to being five rigs richer as sale clears regulatory hurdleBermuda-headquartered Paratus Energy Services has picked up clearance for the divestment of drilling operations and jack-up fleet belonging to Fontis…
Africa2 months agoADES wins Shelf Drilling Odyssey contract in NigeriaADES secured a contract for its jackup rig Shelf Drilling Odyssey in Nigeria with Seplat. The contract carries a firm…
Europe2 months agoAker BP extends Odfjell rig contract to 2028Odfjell Drilling received signed confirmation from Aker BP that it has extended the firm contract period for the Deepsea Nordkapp…
Middle East2 months agoBrent oil tops US$90 as US, Iran intensify attacks in Middle EastOil prices jumped 3 percent on Monday, with Brent surpassing US$90 (HK$702) a barrel, as the United States and Iran…
Europe2 months agoIncoming UK Prime Minister to support renewed North Sea oil and gas drillingAndy Burnham, set to become the UK’s new Prime Minister on Monday following Keir Starmer’s resignation, is preparing to signal…
Middle East2 months agoBP, ConocoPhillips Partner In Iraq’s Giant OilfieldConocoPhillips agreed to acquire a 42% stake in BP Plc’s development subsidiary covering four major oilfields in the Kirkuk region…
