Sintana Reports Two Discoveries Offshore Namibia
Sintana Energy Inc. said the Mopane-2A well found gas condensate in one reservoir and light oil in a smaller one.
Equinor Secures $3B in Financing for New York’s Empire Wind 1
Equinor’s 810-megawatt Empire Wind 1, which is scheduled to begin commercial operations in 2027, has accumulated the equivalent of about $5 billion in capital investments for the offshore New York project.
Seadrill Completes Sale of Jackup Rig West Prospero
Seadrill has sold its West Prospero jackup rig for $45 million in cash in an effort to exit the jack-up rig market.
Delivering Dividends Through Digital Technology
Increasing automation is creating a step change across the oil and gas life cycle.
Small Steps: The Continuous Journey of Drilling Automation
Incremental improvements in drilling technology lead to significant advancements.
Golar LNG Buys $90MM Stake in FLNG Hilli
Golar LNG has purchased Seatrium’s and Black & Veatch’s minority ownership in the asset, which represents 8% of FLNG Hilli’s full capacity.
Exxon Mobil Completes Purchase of FPSO Offshore Guyana
Exxon Mobil Corp. paid $535 million to SBM Offshore for the FPSO, which will operate the unit through 2033.
DNO, OKEA Trade Prospect Interests in Norwegian Sea
DNO picked up shares in the Mistral prospect of the Norwegian Sea while reducing its stake in the Horatio prospect.
Reliance Exercises Four-Well Option on Transocean Rig
Transocean Ltd. says the 270-day program will contribute about $111 million in backlog.
Petrobras Awards Seadrill Two Drillship Contracts Off Brazil
Seadrill said the West Jupiter and West Tellus contracts both have a three-year duration and will add nearly $1 billion to the company’s backlog.