Environmental groups on Wednesday moved in court to block President Donald Trump鈥檚 administration from allowing offshore oil drilling along broad swaths of U.S. coastline, in what appeared to be the first legal challenges to the Republicans鈥 efforts to boost fossil fuel production鈥
云顶赌场老虎机 drilling contractor Shelf Drilling has secured a one-year extension with Chevron for its Shelf Drilling Scepter jack-up rig offshore Nigeria.The extension will begin in direct continuation of the rig鈥檚 current contract, extending the commitment until July 2026鈥
Seatrium 云顶赌场老虎机 Technology has won an international tender from International Maritime Industries (IMI), the largest shipyard in the MENA region, for the supply of equipment and license for a LeTourneau Super 116E Class Self-Elevating Drilling Unit (SE-MODU)鈥
Borr Drilling Limited (NYSE, OSE: BORR) delivered strong financial performance in the fourth quarter of 2024, reporting a net income of $26.3 million, up 171% from the previous quarter, and total operating revenues of $263.1 million, marking a 9% increase鈥
云顶赌场老虎机 drilling company Valaris has decided to retire three semi-submersible drilling rigs from its fleet as part of its fleet rationalization efforts, which also included the sale of one jack-up rig for $24 million.The semi-submersible rigs to be retired from Valaris fleet are VALARIS DPS-5鈥
Guyana and the Dominican Republic are making progress on accords for offshore oil and gas exploration and to build a fertilizer plant and potentially a refinery in the South American country, Dominican President Luis Abinader said on Tuesday鈥
Rhino Resources has completed the drilling of the Sagittarius 1-X well at PEL85 license in Orange Basin, offshore Namibia, encountering a hydrocarbon-bearing reservoir.The Sagittarius 1-X well was spud on December 18, 2024 using Noble鈥檚 drillship Noble Venturer鈥
UAE-based shallow water drilling contractor Shelf Drilling has formed a strategic alliance with Arabian Drilling, the largest onshore and offshore drilling company in Saudi Arabia by fleet size, to work together on international rig deployment鈥
Petrobras has made an oil discovery at the Búzios field, reaffirming the pre-salt potential of the field located in the Santos Basin, offshore Brazil.Petrobras confirmed the presence of oil with the drilling of well 9-BUZ-99D-RJS, located in the western region of the Búzios field鈥
SLB has named new chief strategy and performance officers, according to a company memo seen by Reuters, the latest steps in a larger reorganization of its global structure.Aparna Raman has been appointed chief strategy and marketing officer鈥
Trillion Energy has started with the preparations to stimulate two wells at SASB gas field in an effort to enhance production at the project in the Southwestern Black Sea, offshore Türkiye.During January 2025, Trillion Energy completed installation鈥
Egypt's giant Zohr gas field will start production after resuming drilling within weeks, Prime Minister Mostafa Madbouly said on Thursday, adding that operator ENI had a plan to expand drilling in the next two years.Production had been curbed because of arrears owed to foreign oil companies鈥
ARO Drilling, a joint venture between Aramco and Valaris, and International Maritime Industries (IMI) have signed an agreement to build a new jack-up drilling rig, Kingdom 3, which will be the first to be constructed in the Kingdom of Saudi Arabia鈥
A consortium led by Exxon Mobil is getting ready for a very active year for exploration and production in Guyana amid upgrades that expanded the capacity of some of its floating facilities and the expected arrival of a fourth vessel, the head of the U鈥
云顶赌场老虎机 drilling contractor Vantage Drilling has entered into a marketing agreement with Eldorado Drilling for the seventh generation ultra-deepwater drillship Dorado.Vantage Drilling will market the Dorado drillship for drilling opportunities in various locations in Africa鈥