Upstream drilling news
Ocean Installer awarded SURF contract for Troll
Ocean Installer have been chosen by Equinor and its partners in the Troll A license as the SURF Contractor for their new 12 billion NOK investment in the Troll Phase 3 – Stage 2 Project.
Vallourec extends its contract with the National Oil Company of Abu Dhabi and wins a new order
Vallourec has signed with the National Oil Company of Abu Dhabi a two-year extension to the 2019 contract originally worth US$ 900 million. This extension will take effect in January 2025 and will last up to January 2027.
Technip Energies and KPSP sign a long-term services agreement with KPO
Technip Energies, through its joint-venture TKJV LLP with KPSP, has announced the signing of a long-term services frame agreement with Karachaganak Petroleum Operating B.V. (KPO) for the development of the Karachaganak Field, located in northwest Kazakhstan near Aksai.
Matador Resources Company announces strategic bolt-on Delaware Basin acquisition
Matador Resources has announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, including certain oil and natural gas producing properties and undeveloped acreage located in Lea County, New Mexico and Loving and Winkler Counties, Texas.
FEED contract award for the Zama project offshore Mexico
The Zama Unit partners Wintershall Dea, Pemex (operator), Talos Energy and Harbour Energy have awarded the front-end engineering and design contract (FEED) for the development of the Zama oil field to the French engineering company DORIS.
Baker Hughes awarded major integrated solutions contract for Petrobras’ offshore fields
Baker Hughes has announced a significant order from Petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil.
Shelf Drilling announces contract award for the Shelf Drilling Tenacious
Shelf Drilling has announced that it has secured a 15-month award for the Shelf Drilling Tenacious jack-up rig for drilling operations offshore West Africa.
Zephyr Drilling completes onshore drilling operations
Zephyr Energy has provided an update on drilling operations on the State 36-2R LNW-CC well at the Company's flagship project in the Paradox Basin, Utah, U.S.
Transocean has announced contract fixtures for three of its harsh environment semisubmersible
Transocean has announced US$161 Million in contract extensions and exercised options for harsh environment semisubmersibles with Woodside Energy, Wintershell DEA and Equinor.
Appraisal confirms material Hibiscus field reserve increase
BW Energy has concluded the drilling and the logging of the DHIBM-7P pilot well, confirming a substantial oil discovery with good reservoir quality and a material uplift to the Hibiscus area.