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Wednesday, 30 January 2019 17:52

Petrobel Contracts Shelf Rig

UAE-headquartered offshore drilling contractor Shelf Drilling has received a contract award for one of its jack-up rigs with Belayim Petroleum…
Tuesday, 29 January 2019 18:10

Lundin Granted North Sea Drilling Permit

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for a wildcat well in the North…
Friday, 25 January 2019 07:26

Turkey to Begin Drilling Around Cyprus

Turkey will begin drilling for resources around Cyprus, Foreign Minister Mevlut Cavusoglu said on Friday, a move that could create…
Norway's Equinor has put on hold the drilling of a key exploration well in the Barents Sea after a well…
A federal court judge on Friday ruled that the federal government cannot process seismic testing permits for offshore oil drilling…
Monday, 14 January 2019 18:28

Barclays Rejects Arctic Drilling

U.K.-based international bank Barclays  announced a new energy policy that significantly restricts the bank’s financing for the exploration or extraction…
Sinking oil prices are turning distressed US energy companies into takeover targets for opportunistic private investors who are prepared to…
Singapore-based upstream oil and gas company KrisEnergy has shut-in its producing Wassana oilfield off Thailand due to tropical storm Pabuk…
While the late 2018 oil price swoon has put a damper on an otherwise positive year for offshore energy markets,…
Wednesday, 26 December 2018 05:10

SOCAR Installs New Platform at Bulla-Deniz

A new stationary drilling platform was commissioned on Monday at the Bulla-Deniz offshore field in Azerbaijani sector of the Caspian…