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Top Drilling Contractor News

Kyriakos Mitsotakis · GreeceExxonMobil is expanding its exploration portfolio offshore Greece with a new farm-in agreement for a block in the northwestern Ionian Sea. ExxonMobil, Energean, and Helleniq Energy have reached a farm-in agreement under which the U.S. supermajor will buy 60% in the Block 2 concession in the northwestern Ionian Sea, next to the Italian Exclusive Economic Zone (EEZ), Energean said on Thursday. With Exxon farming-in in the block, Energean’s s…See the Story
ExxonMobil Expands Exploration Footprint Offshore Greece
42% Center coverage: 12 sources

United Kingdom · United KingdomProsafe has landed another extension for the accommodation unit Safe Caledonia after Ithaca Energy opted for an additional seven weeks of work at the Captain field in the UK North Sea. The latest extension — worth about $6.4m — will keep the 1982-built, 2012-upgraded semisubmersible on site through early February 2026. It follows a two-week …See the Story
