UAE’s giant Abu Dhabi National Oil Company (ADNOC) has awarded framework agreements described as “largest-of-its-kind” totalling $1.83 billion (AED 6.72 billion) for drilling-related services to five firms.
UK-headquartered energy giant Shell and its London-based partner Deltic Energy have decided to drill a high-impact well on a gas prospect in the UK sector of the North Sea. As a result of this decision, Shell will become the new operator of the licence.
After Norway’s state-owned giant Equinor decided to exercise its option to add more wells to the backlog of an Odfjell Drilling-owned rig, this rig now has eight more wells to drill for the Norwegian company.
ASX-listed Beach Energy has completed its offshore drilling campaign in Otway Basin off Australia, describing it as a critical investment in new gas supply for the east coast market, providing much-needed gas to homes and businesses.
ConocoPhillips Skandinavia, a subsidiary of the U.S.-based energy giant ConocoPhillips, has come up dry in a wildcat well, which was drilled using a Transocean-owned rig in the Norwegian Sea near the Fenja field.
Less than three years after the initial exploratory discovery well was drilled, LLOG Exploration, a U.S. oil and gas operator, has kicked off the first production from a deepwater two-well subsea development, located in the U.S. Gulf of Mexico.