KCA Deutag has announced that it has completed the combination with the Omani and Saudi Arabian businesses of Dalma Energy...

Rowan Companies announced the Bess Brants and Earnest Dees jackup rigs (formerly named P-59 and P-60) are currently being mobilized to the Middle East from Brazil. The two rigs departed Brazil onboard the Dockwise Mighty Servant 1 heavy lift vessel on April 28 and are expected to arrive in Dubai in June 2018...

Rowan Companies expects that four of its idle jackups will be leased to ARO Drilling to fulfill four three-year contracts that ARO Drilling has been awarded by Saudi Aramco...

Wellbarrier, a global well barrier illustration software provider, has secured an agreement with exploration and production (E&P) company VNG Norge to create a holistic well integrity value chain solution to safeguard oil and gas wells worldwide...

Rowan Companies has announced that the Rowan Gorilla VII, a Super Gorilla Class ultra-harsh environment jackup rig, has been awarded an 18-month program by Chrysaor in the UK sector of the North Sea. The contract is expected to commence imminently for 18 months of work followed by two, one-year options. The Gorilla VII has recently undergone significant life enhancements, including a new top drive, and upgrades to the BOP and drilling controls. Tom Burke, President and Chief Executive Officer, commented, “Rowan’s solid position in the harsh-environment North Sea jackup region is further strengthened by this commitment from Chrysaor.  We look forward to delivering safe and reliable operations to our new customer.”

Hess subsidiary Hess Guyana (Block B) Exploration has reached an agreement with Esso Exploration and Production Guyana (ExxonMobil) to acquire a 15% participating interest in the Kaieteur Block, offshore Guyana. The Cooperative Republic of Guyana has provided Hess and ExxonMobil an instrument detailing the transfer of interest, which has been completed. “Our interest in the Kaieteur block extends our company’s already significant acreage position in the prolific Guyana-Suriname Basin, which has delivered seven world-class oil discoveries to date,” said CEO John Hess. “We look forward to working with our partners and the government of Guyana to evaluate the potential of this highly prospective acreage.” The Kaieteur block is located approximately 155 miles (approximately 250 km) offshore the coast of Guyana, adjacent to the Stabroek block. The Kaieteur block is approximately 3.3 million acres (approximately 13,535 ...

Vantage Drilling International has entered into a contract with Total Gabon for its premium jackup rig, the Topaz Driller...

SOCAR and BP have signed a new PSA to jointly explore and develop Block D230 in the North Absheron basin offshore Azerbaijan...

Shell Offshore, a subsidiary of Royal Dutch Shell, announced the final investment decision for Vito, a deepwater development in the US Gulf of Mexico with a forward-looking, breakeven price estimated to be less than $35 bbl. This decision sets in motion the construction and fabrication of a new, simplified host design and subsea infrastructure...

BP and Reliance Industries (RIL) announced the sanctioning of the ‘Satellite cluster’ project in Block KG D6. The companies are moving forward to develop the block’s discovered deepwater gas fields in an integrated series of projects, bringing new gas production for India...