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Valaris to sell offshore rig for $108 million
06 May 2025 19:06 GMT
… , 2025 03:46 PM)
Offshore drilling company, the Bermuda headquartered Valaris … to sell its jack-up rig Valaris 247 to BW … to standard closing conditions.
The rig, which is operating off … up rigs are typically used for shallow-water oil and gas drilling …
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Oil Prices Bounce Back From OPEC+ Bombshell
06 May 2025 22:16 GMT
… unwinding.
Market Movers
- French oil major TotalEnergies (NYSE:TTE) has … operated interest in Brazil’s offshore Peregrino field to regional … LNG cargo in June.
Drillers Warn of Shale Peak Coming … 20% compared to January and rig count expected to fall …
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EMGS: Establishes New Business Platform Within Subsea Construction Through Vessel Acquisition – No Equity Required
06 May 2025 21:01 GMT
… a new business platform within the offshore subsea construction market. … subsidiary of Siem Offshore AS (“Siem Offshore”). It is … oil and gas companies in their search for offshore … Sulphides) and in other offshore construction and exploration activity …
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BW Energy makes FID on the Maromba field offshore Brazil
06 May 2025 19:12 GMT
… for the Maromba field development offshore Brazil, aiming to tap into … will feature an integrated drilling and wellhead platform (WHP) and a … to acquire a jack-up rig for conversion into the … Dussafu Licence offshore Gabon, with an estimated 56mbbl of oil in …
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TotalEnergies days away from drilling ops with Stena drillship offshore Suriname
06 May 2025 18:12 GMT
… Stena DrillMAX drillship, which previously worked in Guyana for ExxonMobil. Afterward, the rig … ’s offshore area by international oil and gas companies.
Moreover, the drilling activities …
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Shell, RIL, ONGC complete India’s first offshore facilities decommissioning project
06 May 2025 17:33 GMT
… Reliance Industries Ltd (RIL), and Oil and Natural Gas Corporation Ltd … involved removal of five wellhead platforms, associated infield pipelines, load-in … the next chapter in offshore infrastructure transformation.”
Globally, offshore decommissioning is a …
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ADNOC Drilling awarded further rig supply contract
06 May 2025 15:42 GMT
… -enabled island rigs destined for the offshore Zakum development … project, supporting ADNOC’s target to expand oil … a collaboration between ADNOC Drilling and Honghua Group (HH … without the need for rig dismantling, thereby improving …
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BW Energy Reaches FID on Maromba Project Offshore Brazil
06 May 2025 15:16 GMT
… .5 billion Maromba development offshore Brazil and will begin … -oil project, which will use an integrated drilling and wellhead platform … field, which has similar oil and reservoir characteristics.
The … with a repurposed jackup platform and FPSO, repeating the …
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North America Loses Rigs for 9 Straight Weeks
06 May 2025 11:50 GMT
… 479 oil rigs, 101 gas rigs, and four miscellaneous rigs, according … land rig count dropped by four, its offshore rig count … oil rigs and 46 gas rigs, Baker Hughes pointed out. The country’s oil rig … barometer for the drilling industry and its suppliers …
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Chinese company helps Egypt turn vast desert into fields through well-drilling
06 May 2025 11:08 GMT
… 60 units of 450-meter-deep water wells have been finished here … May 3, 2025 shows well-drilling rigs at the site of Owainat … )
Workers operate on a well-drilling rig at the site of Owainat … shows workers transporting a well-drilling rig at the site of Owainat …