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Neptune Energy announce new oil and gas discovery

August 26, 2022
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Britain’s Neptune Energy has made another oil and gas discovery near its Gjoea field in the Norwegian sector of the North Sea, its second such find this year. The Ofelia discovery, located some 15 kilometres north of Gjoea production platform, is preliminarily estimated to hold between 16 million and 39 million barrels of oil equivalent (boe), Neptune said

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Northern Ocean awarded a contract for the Deepsea Bollsta

August 25, 2022
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Northern Ocean Ltd. is pleased to announce a contract award for Deepsea Bollsta from Shell Upstream Namibia B.V., a subsidiary of Shell Plc., for work in a benign environment market. The contract is expected to commence in the middle of the 4th Quarter 2022 and has an estimated firm duration of twelve months plus one six-month option.

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ADNOC purchases ex Oro Negro jackup for $70 million

August 24, 2022
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ADNOC Drilling signed a sale and purchase agreement (SPA) to acquire an additional offshore jack-up drilling unit (rig) for $70 million. The cost of the acquisition is part of the company’s three-year guidance on capital expenditure and strategic plans to expand its existing business. The SPA is the third signed by ADNOC Drilling in recent months, with an agreement

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Odjfell awarded 5 year contract for the Deepsea Stavanger

August 24, 2022
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Deepsea Stavanger has been awarded a five-year firm contract with Aker BP ASA for drilling programs scheduled to commence early 2025. The day rates for the contract will be market based, within a pre-agreed range. Day rate to be set by two brokers nine months prior to each calendar year. The base contract value is in the range of USD

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Australia announce new offshore oil and gas acreage up for lease

August 24, 2022
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The Australian Department of Industry, Science and Resources has announced the offshore petroleum acreage lease for 2022. There are 10 areas available for offshore oil and gas exploration. They are offshore of: Northern Territory Western Australia Territory of the Ashmore and Cartier Islands Victoria Bidding will close at 4:00 pm on Thursday 2 March 2023. Source: Australia DISER Join our mailing list here

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Converted jackup to production facility makes sail toward Gabon

August 24, 2022
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BW Energy is pleased to announce the sail away of the BW MaBoMo (formerly Hibiscus Alpha) offshore production facility. The production facility is currently onboard a heavy-lift vessel in transit to the Dussafu license offshore Gabon where it will be installed to produce oil from the Hibiscus and Ruche fields. The BW MaBoMo is expected to arrive on the field at the end of September for

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Tellurian closes on EnSight assets in Haynesville

August 23, 2022
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Tellurian Inc. announced that its wholly owned subsidiary, Tellurian Production LLC (TPC), has closed the previously announced acquisition of certain assets in the Haynesville from privately held EnSight IV Energy Partners, LLC and EnSight Haynesville Partners, LLC. The cash consideration at closing was $125.5 million, revised from the announced $125 million due to preliminary purchase price adjustments.

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Sapura scraps 3 drilling rigs

August 23, 2022
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Malaysian firm Sapura Power has agreed to promote three tender-assisted drilling rigs to NKD Maritime Restricted for an mixture money consideration of $8.2 million. “The disposal of the rigs was carried out by means of tender train. Based mostly on a casual market survey, the honest market worth couldn’t be obtained for the rigs as there is no

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DOF lands contract extensions with Petrobras worth $253 million

August 23, 2022
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DOF announced that Petrobras has extended the contracts and awarded new long-term charter and service contracts to Norskan Offshore Ltda. and DOF Subsea Brasil Servicos Ltda. for the vessels; Skandi Chieftain, Skandi Olympia and Skandi Commander. All contracts include vessels and ROVs and are for a period of three years. The contracts on Skandi Chieftain and Skandi Olympia

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APA finds oil in Baja-1 offshore Suriname

August 23, 2022
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APA Corp the parent company of oil and gas producer Apache, said it had discovered oil offshore Suriname at Baja-1 in Block 53 and abandoned the Dikkop well in Block 58 after striking water-bearing sandstones there. The well was drilled with Noble’s ultra deepwater drillship Gerry de Souza. Exploration off the South American country is being watched closely as it

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