Gulf of Suez oil output on the rise as new well joins in on the action
The Gulf of Suez Petroleum Company (GUPCO) has started oil production from another well at an offshore field…
Drillship comes to Africa for Türkiye’s first deepwater drilling foray abroad
Türkiye’s Ministry of Energy and Natural Resources has confirmed the arrival of a seventh-generation drillship to Somalia, where…
OMV Petrom Finishes Krum-1 Well in Bulgaria’s Black Sea, No Commercial Gas Found – News and Statistics
Apr 4, 2026 OMV Petrom has completed drilling of the Krum-1 exploration well in the Han Asparuh Block…
Transocean’s rig trio scoops up $1 billion for drilling jobs in Norway and Brazil
Switzerland-based offshore drilling contractor Transocean has found more work for a harsh environment semi-submersible in Norway and two…
Greenland Energy & Stampede Drilling Partner for Arctic Hydrocarbon Exploration – News and Statistics
Mar 31, 2026 Greenland Energy has entered into a five-year drilling agreement with Stampede Drilling to support its…
Turkey Begins Ultra-Deepwater Oil Drilling in Horn of Africa
Back in March 2024, the Federal Government of Somalia and the Republic of Türkiye signed a major offshore…
North Sea hydrocarbon drilling ops hit a dead end
Norway’s oil and gas player Vår Energi and its partner, Kistos Energy, have drilled an exploration well in…
New Analysis Warns Trump Offshore Drilling Plan Could Trigger Thousands of Oil Spills
A sweeping proposal by the Trump administration to expand offshore oil and gas drilling could result in more…
Petronas Maps Heavy Upstream, LNG, and CCS Push Through 2028
Malaysia’s national oil company, Petronas, has laid out an expansive three-year activity roadmap that reinforces its commitment to…
Fresh petroleum discovery sees light of day in North Sea
Norway’s oil and gas company OKEA has made a petroleum discovery in the North Sea off the coast…
Noble scores $1.3 billion in rig deals and enters Norway’s floater drilling scene
U.S.-headquartered offshore drilling contractor Noble Corporation has picked up new assignments for nine drilling rigs in its fleet,…
Transocean wins bp Brazil drilling contract, extends Norway work through 2027
Transocean has secured a new drilling contract in Brazil and an extension in Norway, adding approximately $168 million…