Northern Ocean’s Deepsea Bollsta semi-submersible drilling rig has arrived in Namibia where it started its contract with Shell.
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ExxonMobil has hammered out its five-year corporate plan, ramping up its spending to $17 billion on GHG emission-reduction projects.
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Partners in the Corentyne block offshore Guyana have completed the previously announced agreement for the block.
The post Guyana partners wrap up deal to fund upcoming exploration well appeared first on Offshore Energy.
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Gas price caps would decrease the incentive for exploration in Australia and risk security of long-term supply, says report.
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Weatherford International has been assigned an upgrade in credit rating from B- to B with a stable outlook by S&P Global Ratings (S&P).
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