DNO's Hayah-1 exploration well abandoned
DNO ASA has reported that the Hayah-1 exploration well in Oman's onshore Block 36 failed to encounter hydrocarbons.
Offshore & subsea - 24 May 2016
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DEA awarded two licences in the Barents Sea
In the 23rd licensing round, the Norwegian Ministry of Petroleum and Energy has offered DEA Norge two new licences in the Barents Sea.
‘Smart’ efficiency key to a resilient offshore sector, urge industry experts
The global offshore drilling rig industry is expected to grow from an estimated US$65.77 billion in 2014 to US$102.47 billion by 2019.