Upstream drilling news
Patterson-UTI signs term sheet to partner with ADNOC Drilling in the UAE
Patterson-UTI energy has announced that its subsidiary, Patterson-UTI International Holdings, Inc., has signed a non-binding term sheet with ADNOC Drilling.
Petrobras bets on a strong supply chain to put 14 platforms into production
Orders from Petrobras correspond to a third of the global demand for FPSOs. Of the total units planned until 2028, 10 are already contracted.
DNO acquires portfolio of producing assets boosting position in Norne Area offshore Norway
DNO has announced that the Company’s wholly-owned subsidiary DNO Norge AS has entered into an agreement to acquire stakes in five oil and gas fields in the Norne area in the Norwegian Sea from Vår Energi ASA.
Azule Energy and Rhino Resources Namibia announce the execution of a farm-in agreement
This agreement, once completion occurs, will grant Azule a 42.%% interest in Block 2914A located in the offshore Namibian Orange basin, the location of several major oil discoveries since 2022.
Seadrill announces two new drillship commitments
Seadrill announces two new drillship commitments
Seatrium secures FPSO topsides integration contract with MODEC
Seatrium has announced that it has secured a floating production storage and offloading (FPSO) topsides integration contract from longstanding customer, Offshore Frontier Solutions Pte. Ltd.
Perenco announce acquisition of Cherne and Bagre concessions, Campos Basin, Brazil
Perenco Brazil has announced the acquisition of the Cherne and Bagre concessions from Petróleo Brasileiro S.A. (Petrobras).
tengizchevroil starts WPMP operations at tengiz oil field in Kazakhstan
Chevron has announced today that its 50 % owned affiliate Tengizchevroil LLP (TCO) has safely commenced operations at its wellhead pressure management project (WPMP) at the Tengiz oil field in Kazakhstan.
TAG Oil commences flow back of BED4-T100 horizontal well
TAG Oil has announced that it has successfully pumped all twelve planned stages of its multistage hydraulic frac on its BED4-T100 (T100) well location.
PBS announce contract extension with TotalEnergies
PBS has secured an extension to the general maintenance and operations contract (GMOC) awarded by TotalEnergies in 2020 to cover its North Sea assets.