Drilling & Completion

Courtesy Valaris Limited LinkedIn
Valaris 121
Rigs

Valaris nets drilling contract extensions, trims offshore rig fleet

Feb. 20, 2025
Valaris has declared new contracts and extensions for seven jackups in a fleet status update.
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.
Courtesy Øyvind Gravås, Woldcam / Aker BP
Skarv offshore Norway
Production

Harbour, Energean easing offshore exploration in 2025

Jan. 24, 2025
Two leading European E&P companies have issued operations outlooks for the year ahead.