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Oil&Gas Drilling
Murphy Targets Late 2026 Startup For Lac Da Vang FSO Offshore Vietnam
Murphy Oil subsidiary Murphy Cuu Long Bac Oil has contracted PTSC Asia Pacific to supply, charter and operate an FSO vessel for the Lac Da Vang oilfield develop…
Oil&Gas Drilling
North America Adds Rigs
North America added three rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on November 27.The U.S.…
Oil&Gas Drilling
Panama Bars 6 Ships From Flying Its Flag After UK Sanctions
Panama is canceling the registration of six ships sailing under its flag that were sanctioned by the UK last week, a boost for Western nations that have slapped…
Oil&Gas Drilling
Velesto Energy Brings Forward Rig Survey Following Contract Suspension
Carigali Hess Operating Company has suspended the contract for the Velesto Energy jackupNAGA 8, due to early completion of the drilling program.Velesto now plan…
Oil Price
Oil And Gas Drilling Activity To Reach 10-year High In 2025: Industry Group
Canada’s oil and gas well drilling sector is poised to employ more people next year than it has in a decade, but the job growth could be derailed if presi…
Oil & Gas Trade
KCA Deutag Lengthens Drilling Support Arrangement Offshore Norway
KCA Deutag has awarded Axess Group an extension to a frame agreement to provide services to seven platforms offshore Norway.The agreement, first awarded in 2017…
Oil & Gas Trade
Valeura Starts Up Three More Oil Wells At Jasmine Field Offshore Thailand
Valeura Energy has completed a five-well infill drilling program on its Jasmine field in license B5/27 in the Gulf of Thailand.Three new wells have come onstrea…
Geothermal Drilling
Alberta, Canada Invests on Test Facility for Advanced Drilling Technologies
Alberta, Canada will be investing $50 million for the Alberta Drilling Accelerator, a hub to test and develop advanced drilling technologies.The Government of A…
Geothermal Drilling
Poland to Allocate Funding for Geothermal Exploration in Ten Communes
The Polish government has allocated PLN 133 million to support geothermal exploration drilling for heating in ten communes.The National Fund for Environmental P…
Crude Oil
Velesto, Petronas, NOV Partner to Automate Drilling Operations
Velesto Energy Bhd. (Velesto) has signed a Memorandum of Understanding (MOU) with Petroliam Nasional Bhd. (Petronas) and National Oilwell Varco L.P. (NOV) to im…
Oil&Gas Drilling
DeepOcean Providing Long-term Subsea Support To Equinor Offshore Norway
Equinor has awarded DeepOcean an eight-year subsea inspection, maintenance and repair (IMR) contract to support its operations in Norway and elsewhere in Europe…
Natural Gas
Transocean Barents Derrick Adapted For Black Sea Entry Operation
TheTransocean Barentssemisubmersiblemobile offshore drilling unithas reached Constanța on the Black Sea coast, ahead of a development drilling program for OMV …
Geothermal Drilling
Hephae Energy Raises $4 Million Funding to Support Field Trials of High-T Drilling Technology
High-temperature geothermal drilling specialists Hephae Energy Technology has raised $4 million in new funding to support prototyping and field trials.Hephae En…
Geothermal Drilling
New Low-Temperature Geothermal Resources Found in Reykjavik, Iceland
Drilling in Geldinganes, Reykjavik, IcelandDistrict heating company Veitur, subsidiary of Reykjavik Energy (Orkuveita Reykjavíkur / OR), has announced th…
Oil&Gas Drilling
Landbridge To Acquire Permian Acreage Valued At $245 Million From VTX Energy
LandBridge today announced it has entered into a purchase and sale agreement to acquire approximately 46,000 largely contiguous surface acres in the Southern De…
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