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Southeast Asian infill drilling campaign yields oil uptick with two wells now online

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has achieved a production boost at its field off the coast of Malaysia by bringing one more well on stream, as a result of its infill drilling program, which enabled it to spud another well with results being evaluated to determine the next steps. The post Southeast Asian infill drilling campaign yields oil uptick with two wells now online appeared first on Offshore Energy.

ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters

ADES Holding Company, an oil and gas drilling services provider that is part of Saudi Arabia-headquartered ADES Group, has landed new multimillion-dollar assignments for two jack-up rigs in Africa and Europe. The post ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters appeared first on Offshore Energy.

TotalEnergies offloading Mexican shallow water block to Grupo Carso

A Mexican subsidiary of France’s energy giant TotalEnergies has struck a deal to divest its stake in a block off the coast of Mexico to Mx Dlta Nrg 1, a subsidiary of Zamajal, a company in which Grupo Carso holds an 80% interest and Control Empresarial de Capitales the remaining 20%. The post TotalEnergies offloading Mexican shallow water block to Grupo Carso appeared first on Offshore Energy.

101 European lawmakers urge Danish shipyard to cut its ties with Russia’s Arctic LNG fleet

A cross-party coalition from 16 countries across Europe has called on the last shipyard in the European Union (EU) still servicing the specialized ice-class Arc7 tankers that are perceived to be vital to transporting Russia’s Arctic liquefied natural gas (LNG) exports to end its maintenance of these vessels, according to Urgewald, Germany’s non-profit environmental research organization (NGO). The post 101 European lawmakers urge Danish shipyard to cut its ties with Russia’s Arctic LNG fleet appeared first on Offshore Energy.

Borr Drilling’s Mexican JV closer to being five rigs richer as sale clears regulatory hurdle

Bermuda-headquartered Paratus Energy Services has picked up clearance for the divestment of drilling operations and jack-up fleet belonging to Fontis Finance, an indirect subsidiary, which is divesting its assets to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a 50/50 joint venture between subsidiaries of Bermuda-based Borr Drilling and CME as its long-term well construction partner in Mexico. The post Borr Drilling’s Mexican JV closer to being five rigs richer as sale clears regulatory hurdle appeared first on Offshore Energy.