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Oil and gas industry news
509 posts
Awilco Drilling wraps up sale of WilPhoenix rig to Well-Safe Solutions
Awilco Drilling said that its wholly-owned subsidiary Awilco Drilling Offshore (UK) has wrapped up the previously announced $15.5…
Why is Transocean’s $181 million Spitsbergen rig extension critical for Norway’s oil strategy?
Offshore drilling giant Transocean lands a $181 million contract extension for the Transocean Spitsbergen rig with Equinor Energy. Find out what this means for Norway's upstream future.
Equinor terminates drilling contract awarded to VALARIS DS-11 drillship
Valaris Limited said that Equinor has issued a termination notice for the drilling contract awarded to the VALARIS…
DOF bags $70m services contract from Petrobras
DOF, a Norwegian offshore vessels operator, has won contracts worth around $70m from Petrobras for the Skandi Iguazu…
Shell offloads Russian retail and lubricants businesses to LUKOIL
UK-based energy giant Shell has closed its previously announced sale of retail and lubricants businesses in Russia, that…
Maersk Supply Service bags marine services contract from Esso Angola
Maersk Supply Service has bagged an integrated marine services contract from Esso Angola pertaining to Block 15 in…
BW Offshore secures one-year lease extension for FPSO Espoir Ivoirien on Côte d’Ivoire’s Espoir field
BW Offshore secures a one-year extension for the FPSO Espoir Ivoirien lease in Côte d’Ivoire, ensuring continued Espoir field production into 2023.
Can GAIL’s new Bathinda spur line boost gas reliability for refineries in Punjab?
GAIL (India) lays ₹142 crore dedicated pipeline to supply 1 MMSCMD of gas to HMEL Bathinda refinery. Find out how this strengthens northern grid supply.
SASB natural gas field : Trillion Energy secures Uranus jack-up rig from GSP
Trillion Energy International said that its fully-owned subsidiary — Park Place Energy Turkey has awarded an offshore drilling…
Borr Drilling secures key contract for Saga jack-up rig in Southeast Asia: A strategic move for the energy sector
Borr Drilling Limited, a renowned player in the offshore drilling market, has made significant strides in Southeast Asia…