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
This six-month-plus contract, granted by a returning client, underscores TGS' commitment to delivering high quality seismic data solutions.
The 23-month contract, part of the Elgin-Franklin Flare Gas Recovery System Project, follows Wood’s successful completion of a field study and front-end engineering design (FEED) and includes the coordination of operations, procurement and design aspects for the Elgin asset.
Shelf Drilling has announced that a subsidiary of Shelf Drilling (North Sea), Ltd, has secured a contract for the Shelf Drilling Fortress jack-up rig with a North Sea operator for operations in the UK Continental Shelf
Custos Energy has announced that Chevron Namibia Exploration Limited, an affiliate of Chevron Corp, has executed an agreement that provides for their entry in Petroleum Exploration License 82, with the assumption of an 80% working interest and operatorship
Perenco Brazil has announced the acquisition of the Cherne and Bagre concessions from Petróleo Brasileiro S.A. (Petrobras).
Halliburton Company has announced that it has been awarded a deep water integrated multi-well construction contract by Rhino Resources, a private company engaged in both onshore and offshore energy exploration in Africa.
PBS has secured an extension to the general maintenance and operations contract (GMOC) awarded by TotalEnergies in 2020 to cover its North Sea assets.
TotalEnergies announces that its 85%-owned affiliate, TotalEnergies EP Congo, has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale to Trident Energy of its 53.5% interest in the Nkossa and Nsoko II licenses.
Custos Energy has provided an update regarding the ongoing exploration campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin.
Aker has announced that production has started from Hanz in the North Sea. Hanz is operated by Aker BP, with Equinor and Sval Energy as partners.
SBM Offshore has announced that it has secured a US$250 million term loan facility.
bp, as operator of the Azeri-Chirag-Gunashli (ACG) project, has announced the start-up of oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector of the Caspian Sea.
Seatrium and Singapore’s Agency for Science, Technology and Research (A*STAR) has inked a memorandum of understanding (MoU) to explore research opportunities in new energies and artificial intelligence (AI) to develop innovative products and engineering solutions for the offshore and marine sector.