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PRIO in the clear for 14-well offshore drilling campaign

Wednesday, March 18 2026

General – Drilling

The Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) has issued an amendment to the drilling license for the Frade field, authorizing PRIO to drill up to 14 new wells at the field.

[Read more…] about PRIO in the clear for 14-well offshore drilling campaign

Filed Under: Brazil, Campos Basin, Drilling, drilling campaign, Frade Field, International projects, Licenses, Prio Tagged With: Brazil, Campos Basin, drilling license, Frade Field, Ibama, PRIO, wells

Equinor made oil discovery in Barents Sea

Wednesday, March 18 2026

Fossil Energy – Oil Discovery

Equinor has made an oil discovery in the Polynya Tubåen prospect.

[Read more…] about Equinor made oil discovery in Barents Sea

Filed Under: Barents Sea, Drilling, drilling rig, Equinor, International News, Johan Castberg, Oil discovery Tagged With: barents sea, drilling, Equinor, Johan Castberg, Oil Discovery, Polynya Tubåen

Trump directs Sable Offshore to restore Santa Ynez oil unit

Tuesday, March 17 2026

Fossil Energy – Restart Production

Last Friday, the Trump administration directed Sable Offshore to ​restore oil drilling operations off the southern California coast, ‌the U.S. Energy Department said.

[Read more…] about Trump directs Sable Offshore to restore Santa Ynez oil unit

Filed Under: Drilling, International projects, Oil price, oil production, restart, Sable Offshore, Trump Tagged With: drilling, oil production, restart, Sable Offshore, Trump

SFL announces $170 million contract for Hercules

Thursday, March 12 2026

Fossil Energy – Drilling

SFL announced that it has signed a drilling contract in Canada with a large, investment grade multinational oil and gas company for the harsh environment semi-submersible rig Hercules.

[Read more…] about SFL announces $170 million contract for Hercules

Filed Under: Canada, Drilling, International projects, Odfjell Drilling, Semisub Tagged With: Canada, drilling, Odfjell Drilling, semi sub, SFL

Velesto inks five-year drilling deal with Petronas

Wednesday, March 4 2026

Fossil Energy – Drilling

Malaysia’s oil and gas services firm Velesto has secured a five-year drilling contract from Petronas for its NAGA 2 jack-up rig.

[Read more…] about Velesto inks five-year drilling deal with Petronas

Filed Under: Drilling, drilling rig, drilling services, International projects, Jack up, Petronas, Velesto Tagged With: contract, drilling, jack up rig, malaysia, petronas, Velesto

Oil discovery in Snorre area

Monday, March 2 2026

Fossil Energy – Snorre

Equinor and its partners have made a commercial oil discovery in the Snorre area in the North Sea.

[Read more…] about Oil discovery in Snorre area

Filed Under: Drilling, Equinor, International News, Oil and Gas, Oil discovery, Snorre Tagged With: Equinor, norway, Oil Discovery, snorre

Borr Drilling secures new jack up work and extensions

Tuesday, February 24 2026

Fossil Energy – Drilling

Borr Drilling reported a series of recent contract extensions and new assignments for several of its jack up drilling rigs.

[Read more…] about Borr Drilling secures new jack up work and extensions

Filed Under: assignments, Borr Drilling, Drilling, International projects, Jack up Tagged With: assignments, Borr Drilling, drilling, jack up

Azule Energy announces oil discovery offshore Angola

Friday, February 20 2026

Fossil Energy – Oil Discovery

Azule Energy has reported a new oil discovery made in the Algaita‑01 exploration well, located in Block 15/06 in the offshore Lower Congo Basin, Angola.

[Read more…] about Azule Energy announces oil discovery offshore Angola

Filed Under: Angola, Azule Energy, Drilling, International projects Tagged With: angola, Azule Energy, drilling, Lower Congo Basin, Oil Discovery

Valaris drillships get extensions in Angola

Thursday, February 19 2026

Fossil Energy – Drilling

Valaris has secured contract extensions for its 12,000-ft drillships Valaris DS-7 and Valaris DS-9 offshore Angola.

[Read more…] about Valaris drillships get extensions in Angola

Filed Under: Angola, Contract extension, Drilling, drillship, International projects, Valaris Tagged With: angola, contract extensions, drilling, drillships, Valaris

Eni confirms oil discovery in Algaita-01, offshore Angola

Monday, February 16 2026

Fossil Energy – Oil Discovery

Eni confirms an oil discovery in the Algaita-01 exploration well in Block 15/06, offshore Angola, approximately 18 km from Olombendo FPSO.

[Read more…] about Eni confirms oil discovery in Algaita-01, offshore Angola

Filed Under: Angola, Drilling, drilling vessel, drillship, ENI, International projects, Oil and Gas, Oil discovery Tagged With: angola, drilling, Eni, Oil Discovery

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