Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays.
The post Tight budgets and shrinki…
ADES has tucked a multi-year contract renewal in the Kingdom of Saudi Arabia (KSA) under its belt, which enables one of its previously suspended jack-ups to work for Aramco once again.
The post Ten-year renewal for ADES rig marks jack-up’s return…
Ten-year renewal for ADES rig marks jack-up’s return to drilling work with Aramco Read More »
Petrogas E&P has crossed the finish line at its drilling program in the UK sector of the North Sea, which led to a gas discovery drilled by a 16-year-old jack-up rig owned by Noble Corporation, a U.S.-based offshore drilling giant.
The post Noble…
Noble rig reaches endpoint at North Sea drilling campaign crowned with ‘great discovery’ Read More »
TotalEnergies has decided to break off a deal for a drilling assignment, which a jack-up rig owned by Shelf Drilling, a UAE-headquartered offshore drilling contractor, is carrying out in the North Sea off the coast of Denmark.
The post TotalEnergies cu…
TotalEnergies cuts short Shelf Drilling rig’s North Sea gig Read More »
Aker BP has decided to prolong its alliance agreement with SLB and Stimwell Services in a bid to speed up and increase oil production by keeping the Well Intervention and Stimulation Alliance busy for five more years.
The post Quest to boost oil produc…
Quest to boost oil production sets SLB and Stimwell up for five more years with Aker BP Read More »