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Top Drilling Contractor News

Equinor · NorwayEquinor has made a gas discovery close to its Johan Castberg oilfield in the Barents Sea and will assess a potential tie-in to the now fully operational Arctic field. Equinor and its partners in the exploration and production license have hit natural gas in the Skred prospect, in a well drilled 23 kilometers (14 miles) north of the Johan Castberg field and 210 kilometers (130 miles) northwest of Hammerfest, a major gas export facility in Norway,…See the Story
Equinor Makes Gas Discovery Near Huge Arctic Oilfield
Coverage: 2 sources

Vietnam · VietnamCompletion confirms EnQuest as the operator and represents another key step in delivering the group’s diversified growth across Southeast Asia. It also aligns with its strategic aim to expand its operating footprint by investing in fast-payback assets, with low capex and reduced carbon intensity. The headline value of the transaction is $85.1 million and, net of interim period cash flows (generated since the effective date of January 1, 2024), t…See the Story