Tag: offshore

Offshore oil dispute drives Venezuela-Guyana case at Worldwide Court docket

(Bloomberg) – Venezuela’s appearing President Delcy Rodríguez arrived at The Hague to symbolize her nation earlier than the Worldwide Court docket of Justice in a land dispute with Guyana over resource-rich territory.  “It has...

Offshore progress and geopolitics dominate OTC 2026 discussions

(WO) - Offshore Know-how Convention 2026 concluded Thursday in Houston after 4 days of discussions centered on offshore funding, international vitality safety and rising applied sciences amid continued market volatility tied to the...

VAALCO advances Gabon drilling program, targets Q2 restart of Baobab offshore subject

(WO) - VAALCO Power has reported sturdy preliminary outcomes from its ongoing offshore Gabon drilling marketing campaign, whereas progressing extra growth exercise and a deliberate manufacturing restart offshore Côte d’Ivoire. The corporate stated the...

ABL, PMS accomplice on rig transferring providers for Egypt offshore operations

(WO) - ABL has signed a memorandum of understanding (MoU) with Petroleum Marine Providers (PMS) to offer offshore rig transferring assist and marine assurance providers in Egypt. Beneath the settlement, ABL will assist PMS...

Lion Power secures rig to drill Bula Karang-1 nicely offshore Indonesia

(WO) — Lion Power has contracted the SCD-20 rig from Silver Metropolis Drilling to drill the Bula Karang-1 exploration nicely in Indonesia’s East Seram manufacturing sharing contract, marking a key step towards spudding...

Transocean lands $1 billion in Brazil, Norway offshore rig contracts

(WO) — Transocean has secured roughly $1 billion in new offshore drilling work, pushed by deepwater contract extensions in Brazil and a brand new harsh-environment rig award in Norway. The corporate added the backlog...

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