Allseas has been awarded a substantial construction contract by TC Energy for a major offshore pipeline delivering natural gas to southeast Mexico. Allseas is pleased to be playing a key role in this strategic project, which will serve the growing need for safe, reliable and affordable energy supply in the southeast region of Mexico. […]
SABAH SHELL PETROLEUM COMPANY LIMITED (SSPC) is the operator of the GK project, in partnership with PETRONAS Carigali Sdn Bhd, ConocoPhilips Sabah Limited, PTT Group Exploration and Production Public Company Limited, and PT. Pertamina Power Indonesia Malaysia Eksplorasi Produksi. Two new oil producer wells and two water injector wells were drilled. Once fully completed in […]
Maersk Drilling has secured a contract from Shell Brasil for the provisioning of the semi-submersible rig Maersk Developer in the Campos basin offshore Brazil where the rig will drill one exploration well and perform subsea well interventions at the BC-10 field. The contract is expected to commence in March 2023, in direct continuation of the […]
The Fenix field will be developed through three horizontal wells, drilled from a new unmanned platform in 70 meters of water depth. The gas will be transported through a 35km pipeline to the TotalEnergies-operated Véga Pleyade platform and treated onshore at the Rio Cullen and Cañadon Alfa plants, also operated by the Company. At […]
The subsea execution phase of the project was led by Dana Petroleum Limited (E&P) and TechnipFMC, which saw the EV-01z horizontal development well (drilled in 2021), tied back to Triton via a subsea production line and umbilical services line. Dana also managed the Triton topsides modifications on behalf of Tailwind. The success of the project […]
The well, located about 189 kilometers offshore Suriname in a water depth of 1,140 meters, was successfully drilled to a total of 5,290 meters. It also encountered light oil in the Campanian-aged sedimentary sequence. Post-drill evaluation is ongoing to firm up the potential of the discovered resource. The discovery at the Baja-1 well is […]
The first award is a one-well contract with Murphy Oil Corporation at $395,000 daily. The contract is expected to commence late this fall after the rig completes its current contract and a planned out-of-service period. The agreement also includes an option for a second well at the same day rate. The backlog for the firm […]
The Russia-based management team now owns and operates Halliburton’s former business and assets in Russia under the name BurService LLC, which is independent of Halliburton. Source: Halliburton Save the date for Shallow and Deepwater Mexico October 11-13, 2022 in Ciudad del Carmen, Campeche. Visit our website for the latest news in Offshore O&G […]
President and CEO Anton Dibowitz said, “The Valaris management team and Board remain focused on continued execution against our strategic priorities, maximizing earnings and free cash flow, and capitalizing on opportunities as they arise. This share repurchase authorization provides the flexibility to return capital to shareholders over time opportunistically.” The $100 million authorization does […]
On 15 July 2022, Algeria announced that starting from the second half of July 2022 it will supply 4 billion cubic meters of gas to Italy. Algeria is one of the key sources of gas imports and this decision reflects the deep-rooted historical ties with the country. April 2022, Eni’s Chief Executive Officer, Claudio […]
