Shell has decided to write down $400 million, citing technical and geological difficulties encountered at the petroleum exploration license (PEL) 39, as its oil discovery in the Orange Basin off the coast of Namibia cannot be confirmed for commercial d…
U.S. President-elect Donald Trump has vowed to undo the offshore drilling ban, sparking a backlash from climate activists, who threaten to take the new Trump administration to court if it attempts to unravel these ocean protections.
The post Legal quag…
KCA Deutag has landed new multimillion-dollar drilling assignments and extensions across the Middle East, Africa, Latin America, and the UK.
The post Batch of onshore and offshore drilling jobs brings $513 million to KCA Deutag appeared first on Offsho…
Batch of onshore and offshore drilling jobs brings $513 million to KCA Deutag Read More »
The Norwegian authorities have handed out two drilling permits, which will enable the drilling of an exploration well in the Norwegian Sea and another one in the North Sea, using one of Odfjell Drilling’s semi-submersible rigs for the first one and one…
Rig duo from Odfjell Drilling’s fleet to conduct hydrocarbon exploration ops in Norway Read More »
President Joe Biden’s legacy has now added an offshore drilling ban, spanning over 625 million acres of the U.S. ocean, to the mix.
The post Biden’s US offshore oil & gas drilling ban throws a spanner in the works but ‘drill, baby, drill’ still on …