Industry News

PETRONAS made a hydrocarbon discovery at the Barokah-1 exploration well in the North Ketapang Production Sharing Contract (PSC) area offshore East Java, Indonesia.The Barokah-1 well

New Zealand Energy Corp reported initial production from the Ngaere-1 well following perforation of the Mount Messenger Formation in onshore Taranaki, New Zealand.The well flowed

Odfjell Technology entered into agreements to acquire a 70% ownership interest in two service companies that support lightweight intervention and plug and abandonment (P&A) operations.Under

Azule Energy and the National Agency for Petroleum, Gas and Biofuels (ANPG) started up the Ndungu full field in the Agogo Integrated West Hub Project

Borr Drilling Limited reported a series of recent contract extensions and new assignments for several of its jackup drilling rigs.The Ran jackup secured a contract

PETRONAS subsidiary PC Oman Ventures (PCOVL) signed a concession agreement with the Government of the Sultanate of Oman and OQ Exploration (OQEP) and Production Batinah

Superior Energy Services completed the acquisition of Abaco Energy Technologies, expanding its portfolio of well construction and intervention technology offerings.The transaction brings Abaco’s engineered drilling

Union Jack Oil outlined its upcoming drilling plans in its project update covering key onshore projects in the United States.In Oklahoma, the company’s Crossroads structural