Skip to content

Go-ahead for ADES to restart all suspended offshore rig ops as jack-up market remains tight

ADES Holding Company, an oil and gas drilling services provider that is part of Saudi Arabia-headquartered ADES Group, has secured the green light to restore all temporarily suspended offshore rig operations in Saudi Arabia, as offshore activity across the Gulf Cooperation Council (GCC) region continues to recover. The post Go-ahead for ADES to restart all suspended offshore rig ops as jack-up market remains tight appeared first on Offshore Energy.

Egypt moves to fast-track Mediterranean gas field tie-in in pursuit of production growth

With its sights set on higher domestic gas production, Egypt’s Ministry of Petroleum and Mineral Resources is pushing to accelerate field development in the Eastern Mediterranean waters, as part of its broader efforts to enable upstream growth and achieve its exploration and production plans through 2030. The post Egypt moves to fast-track Mediterranean gas field tie-in in pursuit of production growth appeared first on Offshore Energy.

Saipem’s 26-year-old drillship on completion ops at Eni’s gas well offshore Sicily

Italy’s engineering, drilling, and construction services company Saipem is carrying out completion work with its 2000-built drillship for compatriot energy giant Eni on a gas well off the coast of Sicily, with the campaign scheduled to run through to late September 2026, according to an Italian Coast Guard order. The post Saipem’s 26-year-old drillship on completion ops at Eni’s gas well offshore Sicily appeared first on Offshore Energy.

Shell loses five-year legal fight as South Africa’s court sets aside Wild Coast exploration permit

UK-headquartered energy giant Shell has hit a dead end in its plans for oil and gas exploration off South Africa’s Wild Coast, after the Constitutional Court overturned a Supreme Court of Appeal (SCA) order that had kept the project alive, delivering a major victory for environmental groups and local communities. The post Shell loses five-year legal fight as South Africa’s court sets aside Wild Coast exploration permit appeared first on Offshore Energy.

73 years in the making: Petrobras’ oil field exceeds 4 billion barrels as Brazil’s pre-salt turns 20

Brazil’s state-owned energy giant Petrobras has notched a new production milestone, with one of its oil fields surpassing 4 billion barrels of cumulative output as the pre-salt, now entering its third decade, cements its status as the company’s production powerhouse in Brazilian waters. The post 73 years in the making: Petrobras’ oil field exceeds 4 billion barrels as Brazil’s pre-salt turns 20 appeared first on Offshore Energy.