Nabors Industries to Buy Parker Wellbore for $472M
Nabors Industries Ltd. has announced a definitive agreement to acquire Parker Wellbore for approximately $472…
Oilfield News
Norway’s E&P Sector Thrives Vår Energi and Equinor Lead Barents Sea Projects
Norway has been making headlines recently for its robust exploration and production (E&P) investments, marking…
Transocean Secures $9.2 Billion in New Deals, Reinforces Global Presence
Transocean has announced a series of new contracts and extensions across its fleet, amounting to…
Saipem’s 12,000-ft drillship Santorini is mobilising from Côte d’Ivoire to Namibia.
Saipem’s ultra-deepwater drillship Santorini, capable of drilling in 12,000 feet of water, is on the…
Noble Corporation’s Ocean BlackRhino Heads to Canary Islands for Major Upgrade
The ultra-deepwater drillship Ocean BlackRhino, previously operated by Diamond Offshore and now part of Noble…
Pelago Management and Eldorado Drilling Celebrate Zonda Drillship Success
Pelago Management, alongside Eldorado Drilling, has announced significant progress in the journey of Project Zonda.…
Petrobras Confirms Magnitude of Gas Discovery in Colombia
Brazil’s state-owned oil giant Petrobras has confirmed the significant gas potential of its offshore discoveries…
Equinor Starts Exploration Drilling at Løvmeis Prospect in the Norwegian Sea
Equinor and its partners Petrolia Noco and PGNiG have commenced drilling at the Løvmeis prospect…
Saipem Bags $2B Saudi Aramco Contract for Marjan Field
Italian offshore energy services firm Saipem has secured a major $2 billion contract under its…
US FTC Greenlights Chevron-Hess Deal
The U.S. Federal Trade Commission (FTC) has approved Chevron’s $53 billion acquisition of Hess Corp,…
SLB, Patterson-UTI, and ADNOC JV to Accelerate $1.7B Drilling Campaign in Abu Dhabi
ADNOC Drilling, SLB, and Patterson-UTI have formed a joint venture called Turnwell Industries to accelerate…
Petrobras to Reopen Closed Well at Roncador Field Off Brazil
Brazilian state-run oil giant Petrobras is preparing to reopen a closed oil well in its…