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    • Drilling & Completion

    Courtesy CNOOC Ltd.
    Luda 5-2 North Oilfield Phase II Development Project
    Production

    CNOOC starts up Phase 2 of heavy crude Luda project offshore China

    Feb. 21, 2025
    CNOOC has started operations at its Luda 5-2 North Oilfield Phase II development in the central Bohai Sea offshore eastern China.

    Drilling & Completion

    Courtesy Trillion Energy Facebook
    Akcakoca
    Courtesy Equinor
    Johan Sverdrup
    Courtesy Vår Energi
    Jotun FPSO
    Courtesy Impact Oil & Gas
    Namibia location map
    Courtesy Noble Corporation LinkedIn
    offshore_rig
    Source: Westwood Wildcat
    High impact exploration activity and projection for 2025
    Courtesy Noble Corp
    Pacific Meltem drillship
    Courtesy Murphy Oil Corp.'s 2024 fourth-quarter earnings presentation
    Murphy Oil Gulf of Mexico Exploration Area Map
    Field Development

    Murphy plans wells on two GoM prospects close to Delta House platform

    Jan. 31, 2025
    Murphy has budgeted about $410 million for its US Gulf of Mexico development drilling and field development capex projects this year.
    ID 36231508 © Numskyman | Dreamstime.com
    offshore drilling
    Rigs

    Offshore drilling news roundup for the week of Jan. 27, 2025

    Jan. 31, 2025
    In this week's drilling news update, Offshore highlights the latest drillship and rig contracts as well as advances in drilling technology.
    Courtesy Ades Holding
    Admarine 504
    Rigs

    ADES rig to drill six wells offshore Nigeria

    Jan. 27, 2025
    ADES has entered a jackup drilling contract offshore Nigeria with Valiant Offshore Contractors with an estimated value of $21.8 million.
    ID 101025122 © Grobler Du Preez | Dreamstime.com
    offshore drilling Namibia
    Africa

    Dry hole for Chevron offshore Namibia

    Jan. 24, 2025
    Chevron’s recent Kapana 1-X exploration well offshore Namibia did not encounter commercial hydrocarbons, according to Sintana Energy.
    Courtesy Santos Ltd LinkedIn
    Santos fourth-quarter 2024 report
    Production

    Timor Sea Barossa project remains on track for Q3 startup

    Jan. 24, 2025
    Santos’ Barossa gas and condensate development in the Timor Sea was more than 88% complete at the end of last year, the company said in a trading update.