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A service for energy industry professionals · Friday, May 30, 2025 · 817,680,092 Articles · 3+ Million Readers
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Offshore Drilling News Monitoring

  • Published on 14:57 GMT

    Renewed interest builds in upstream oil, gas sector

    The country’s upstream oil and gas production is set for a major boost as two independent intranational oil and gas companies are busy offshore the Tano Basin  in the Western Region carrying out activities to boost production.  The move by some operators …

    Source: Graphic - Neutral
  • Published on 22:01 GMT

    How Deep Can Offshore Oil Rigs Drill?

    Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into farther-flung and deeper waters, the capabilities of these …

    Source: SlashGear - Pending
  • Published on 17:47 GMT

    US pioneers restoration of deep water corals damaged by country’s worst oil spill

    Scientists are conducting a pioneering large-scale deep-sea coral restoration in the Gulf of Mexico following the 2010 Deepwater Horizon oil spill, which damaged 1,994 square kilometers (770 square miles) of seafloor habitat. Underwater robots and Navy …

    Source: Mongabay - Neutral
  • Published on 16:55 GMT

    Nigeria Introduces Oil Tax Relief for Cost-Cutting Measures Implementation

    May 30, 2025 © Pete / Adobe Stock Nigerian President Bola Tinubu has signed an executive order introducing a performance-driven framework for oil sector operators, designed to link tax incentives directly to verifiable cost savings. Under the new …

    Source: Offshore Engineer News - Neutral
  • Published on 18:02 GMT

    'Drill Baby Drill' Just Set a New U.S. Record

    When President Donald Trump took office on January 20, he made U.S. energy production a top priority for his new administration.  "The inflation crisis was caused by massive overspending and escalating energy prices, and that is why today I will also …

    Source: Townhall - Right-wing
  • Published on 16:24 GMT

    BP, EOG achieve first gas from Mento field, offshore Trinidad

    BP Trinidad and Tobago (bpTT) and EOG Resources Trinidad (EOG) have achieved first gas from the Mento gas field off the south-east coast of Trinidad. Following first gas from the initial discovery well, drilling will now begin on the remaining seven wells. …

    Source: Offshore Technology - Neutral
  • Published on 20:20 GMT

    Act seeks to block offshore aquaculture in US EEZ

    The idea of offshore aquaculture has been floated since the passage of the National Aquaculture Act of 1980. In the last two decades in particular, many universities and private companies have experimented with submerged cages for offshore finfish farming …

    Source: National Fisherman - Alaska - Neutral
  • Published on 16:55 GMT

    OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

    May 30, 2025 (Credit: ADNOC) Austrian oil and gas firm OMV has signed an agreement with Lukoil Gulf Upstream, a subsidiary of Russia’s Lukoil, to divest its stake in a sour gas development offshore the United Arab Emirates (UAE). OMV has agreed the sale of …

    Source: Offshore Engineer News - Neutral
  • Published on 21:21 GMT

    Nigeria offers oil tax relief for cost-cutting measures

    Analysts say success will largely be dependent on implementation. "President Tinubu referred in the announcement to the importance of alignment between government agencies. Succeed there and this could be highly significant towards improving Nigeria…

    Source: Times LIVE - Indeterminate
  • Published on 11:09 GMT

    15-year drilling assignment enables rig duo to rake in $1.15 billion

    UAE-based ADNOC Drilling has expanded its workload with ADNOC Offshore, a compatriot oil and gas heavyweight, by securing another multi-year drilling campaign in the Middle East, which will be undertaken by two of its jack-up rigs. This marks the rig owner …

    Source: Offshore Energy - Neutral
  • Published on 11:09 GMT

    Lukoil boosts its share in huge offshore sour gas project as OMV exits

    Austria-headquartered oil and gas player OMV has struck a deal with Lukoil Gulf Upstream, a subsidiary of Russia’s Lukoil, to divest its stake in a giant sour gas development off the coast of the United Arab Emirates (UAE). Hail and Ghasha mega gas …

    Source: Offshore Energy - Neutral
  • Published on 11:09 GMT

    WATCH: FPU heads off to Black Sea ahead of doubling Türkiye’s gas production in 2026

    As part of its efforts to wean itself off energy imports and bolster its domestic production capacity, Türkiye has sent its first-ever floating production unit (FPU) on a journey to the Black Sea, where it is expected to enable a twofold increase in gas …

    Source: Offshore Energy - Neutral
  • Published on 10:11 GMT

    Oil does not care about boundaries The southern margin of the Sangomar field perfectly lines up with the offshore ...

    - Advertisement - By Henk Kombrink, PhD Geologist In the early decades of oil ex­ploration and production, from the 1860s to the early 1900s, the concept of an oil field having clear boundaries was not given much thought. Drilling just radiated away from …

    Source: The Standard Gambia - Neutral
  • Published on 09:25 GMT

    ADNOC Drilling expands regional footprint with SLB rig deal

    ADNOC Drilling has signed an agreement to acquire a 70% stake in SLB's land drilling rigs business in Kuwait and Oman, as it seeks to expand its regional footprint beyond the UAE Under the deal, ADNOC Drilling will acquire eight fully operational land …

    Source: Oil Review Middle East - Neutral
  • Published on 09:12 GMT

    How Louisiana's top port for offshore oil is embracing an 'all of the above' energy strategy

    Port Fourchon at the southern tip of Lafourche Parish is the go-to service station for offshore energy production, serving as a base for more than 250 companies that provide the materials and skills necessary for oil and gas operations in the Gulf. At its …

    Source: Nola - Louisiana - Neutral
  • Published on 06:49 GMT

    40 oil block licences to expire in June – Report

    No fewer than 40 oil licences will expire in June 2025, and the companies holding these assets may lose them unless the Minister of Petroleum renews their licences in accordance with the Petroleum Industry Act. According to the Nigerian Upstream Petroleum …

    Source: Punch - Indeterminate
  • Published on 08:06 GMT

    Eni Starts Drilling Activities off Ghana with Seventh-Gen Drillship

    Eni Ghana, a subsidiary of Italy’s Eni, has marked the start of drilling activities offshore Ghana with the arrival of Deep Value Driller (DVD) drillship, following completion of activities in Côte d'Ivoire. Eni Ghana, together with its Offshore Cape …

    Source: Offshore Engineer News - Neutral
  • Published on 07:42 GMT

    OKEA Discovers More Oil in Brage Field in Norwegian North Sea

    OKEA ASA and its partners in production license 055 have made a discovery that is estimated to hold 300,000 to 2.8 million barrels of recoverable oil equivalent along the eastern flank of the already producing Brage field on Norway’s side of the North Sea. …

    Source: Rigzone - Neutral
  • Published on 07:33 GMT

    Australia’s renewable energy shift to be powered by gas

    Former opposition leader Peter Dutton announced before the election an ambitious gas reservation scheme, which he claimed would boost supply and lower prices. Loading Energy Minister Chris Bowen rubbished the lack of detail in Dutton’s plain, claiming “he’ …

    Source: The Age - Center-left

03 days 05:01:40

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