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Shelf bags 5 well contract with Total in Nigeria

June 29, 2021
| Archives

Shelf Drilling, Ltd. announced that it has secured a contract for the Baltic jack-up rig with Total E&P Nigeria Limited for operations offshore Nigeria. The contract duration is for five wells – estimated to be 380 days, plus additional option period, and is expected to commence in June 2021. Source: Shelf Drilling Join our mailing list here

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Cyclone Drilling picks up new work with Zephyr Energy

June 28, 2021
| Archives

AIM-listed Zephyr Energy, the oil and gas company focused on responsible resource development and carbon-neutral operations in the Rocky Mountain region, has provided an update on its project in the Paradox Basin, Utah, U.S. where the Company is preparing to spud the State 16-2LN-CC appraisal well.   The Company has announced the signing of a drilling contract with Cyclone Drilling. This follows

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Chariot Oil and Gas is rig shopping for Q4 2021

June 28, 2021
| Archives

Chariot Oil and Gas issued its final results for 2020 with an operations update on the Anchois appraisal for 2021. Anchois appraisal drilling planned for Q4 2021 with 3 distinct objectives: (1) reconfirm the original discovery A&B sands; (2) provide a producer well location to be suspended for future use; (3) potentially drill the additional prospective sands and

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Energean and Stena ink 3 well deal for the IceMAX

June 28, 2021
| Archives

Stena Drilling are pleased to announce that we have signed a new contract with Energean Israel Limited for Mobile Offshore Drilling Unit (MODU) Stena IceMAX. The operations are due to commence in Q1 2022, offshore Israel for the drilling of three (3) firm wells (with an estimated duration of 180 days). In addition, there is also an option to extend the contract for up

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Chevron CFO – We have no plans to shrink our oil and gas business

June 25, 2021
| Archives

U.S. oil major Chevron Corp has no plans to shrink its oil and gas business for wind and solar energy unlike some rivals, Chief Financial Officer Pierre Breber said on Thursday, amid pressure from shareholders to lower carbon emissions. Major oil and gas producers are facing pressure from investors to lower greenhouse gas emissions and adapt their business to

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ENI and Sasol South Africa drilling plans being retaliated

June 25, 2021
| Archives

An oil and gas drilling campaign off South Africa's east coast planned by Itay's Eni and South African energy firm Sasol is being challenged in court by a group of non-governmental organizations (NGOs). The firms plan to drill up to six exploration and appraisal wells at depths of between 1,500m and 3,000m in block ER236, offshore the Kwa-Zulu Natal coast

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ENI spuds in Bahrain’s first offshore well

June 25, 2021
| Archives

Bahrain's National Oil and Gas Authority (NOGA) started drilling the first exploration well in offshore block No. 1 to the north of the kingdom, a government media adviser said on Twitter on Wednesday. The new well is part of an exploration and production agreement signed with Italian energy company Eni in 2019. Block No. 1 covers an area of

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Keppel and Sembcorp discuss merger

June 24, 2021
| Archives

Temasek-backed conglomerate Keppel and Singapore’s smaller Sembcorp Marine are considering combining their loss-making offshore and marine (O&M) businesses as they battle a prolonged downturn. A deal would see Keppel spin off the new business into a listed entity and ultimately exit the legacy business, with Singapore state investor Temasek becoming the largest shareholder in the combined company. Keppel’s O&M

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South Sudan launches first oil licensing round

June 23, 2021
| Archives

The Ministry of Petroleum (MoP) of the Republic of South Sudan, announced the launch of the country’s first Oil Licensing Round. The MoP has identified new exploration blocks with potential hydrocarbons and has compiled crucial data to provide to interested investors, operators and counterparties. According to the new analysis commissioned by the Ministry, approximately 90% of South

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Norway awards Arctic oil exploration permits

June 23, 2021
| Archives

Norway has awarded four exploration licenses to seven oil companies, including three for the Arctic Barents Sea, but fewer oil companies applied for the permits than in previous licensing rounds. The awards were part of Norway’s so-called numbered licensing rounds that cover previously unexplored frontier areas of the country’s continental shelf, expanding the geographical reach of its oil

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