
ADNOC to sell at least 7.5% stake in drilling unit
Offering and price range are expected on 13 September, and the final offer price will be set on 27 September.
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Offering and price range are expected on 13 September, and the final offer price will be set on 27 September.

The company will provide nitrogen and leak testing for an E&P operator in the Gulf of Mexico.

Resources for the Bergknapp oil discovery are estimated at 40 - 84 million boe after appraisal.

Bourbon will support exploration campaigns offshore Namibia and Sao Tomé.

Part of the campaign involved the heaviest and largest jacket launch in Vietnam at 372 ft (113.4 m) water depth.

Several riser joints and the lower marine riser package separated from the Noble Globetrotter II ultra-deepwater drill ship during the storm and sank to the seabed.

At the early phase of assessment and recovery, approximately 80% of Shell-operated production in the Gulf of Mexico remains offline.

A programme of brownfield modifications, maintenance and inspection activities will be supported by Bibby Marine’s WaveMaster 1 vessel, reducing time, costs and environmental impacts.

Demand for land rigs is estimated to return to pre-pandemic (2019) levels by 2025, according to analysis by Westwood Global Energy Group.

First production from the well in the UK North Sea was achieved on 23 August.

The potential of the discovery can be preliminarily estimated at between 1.5 and 2 billion barrels of oil in place and between 1.8 and 2.4 trillion ft3 of associated gas.

Estimated recoverable reserves from Solveig are 9.2 million m3 of oil equivalent in Phase 1.