Borr Drilling has secured more work for two of its jack-up rigs, which will see one of them return from the warm stack to operational mode.
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Brazilian oil and gas giant Petrobras has signed a revolving credit facility in the amount of $5 billion, maturing in December 2026.
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Lundin Energy has increased its interest in the next Barents Sea production hub while Equinor has agreed to continue the operatorship.
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An old offshore platform in the Gulf of Mexico is set to be converted into a working fish farm, providing repurposing options for old oil & gas assets.
The post Creating blueprint for reusing old oil & gas assets in Gulf of Mexico appeared fir…
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Offshore drilling contractor Shelf Drilling has secured a contract extension for a jack-up rig for operations in the Adriatic Sea offshore Italy.
The post Fresh extension for Shelf Drilling rig in Italy appeared first on Offshore Energy.
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