Transocean Ltd. announces contract awards and extensions totalling US$488 million
The company has announced contract awards or extensions for five of its drilling rigs.
Stay up to date with the latest news and updates from the oil industry.
The company has announced contract awards or extensions for five of its drilling rigs.
The company has announced that it has increased its non-controlling investment in Intelligent Wellhead Systems Inc. through the acquisition of outstanding common shares of IWS for an aggregate purchase price of US$7.9 million.
The company and its partners have announced the results of recent appraisal drilling at the Isabella discovery (P1820) in Block 30/12d-12.
The company has entered into a share purchase agreement with OMV Exploration and Production GmbH to acquire 100% of the outstanding share capital of OMV (Yemen Block S 2) Exploration GmbH, OMV Jardan Block 3 Upstream GmbH and OMV Block 70 Upstream GmbH.
This survey, covering 11 425 km2, will broaden the region's 3D coverage and deliver additional high-quality data essential for the exploration efforts in the basin.
Production from the Njord field in the Norwegian Sea has resumed, following an upgrading project in which both the platform and the floating storage and offloading vessel (FSO) were brought ashore.
The company, with a portfolio of upstream oil and gas projects, has announced the completed acquisition of Simwell Resources Limited, further to its announcement on 28 September 2022.
APPEA has said that the government’s heavy-handed reforms introduced without proper consultation had, in less than a week, dealt a blow to new east coast domestic gas supply and future energy security.
At this early cleanup stage, Alkaid #2 is delivering hydrocarbon liquid rates near expectations over the 4000 ft unblocked section, with gas rates well above original prognosis.
The MOU aims to strengthen mutual cooperation to help enhance operational performance across North American natural gas and oil operations.
The Gjøa field in the North Sea, operated by Neptune, is already powered by hydroelectricity, generated onshore.
The survey area covers a mature part of the North Sea that includes the Sleipner East, Sleipner West, Gina Krog, Volve and Utgard fields.