Aug. 4 (oilnow.gy) The Stena Carron is carrying out exploration drilling at the Rockhead-1 prospect in Guyana’s Stabroek Block. According to a recent notice from the Maritime Administration Department (MARAD), drilling activities will conclude on August 31. “The Rockhead-1 is situated approximately 115.2 nautical miles (213.4 kilometers) off the Coast of Guyana and covers an... Continue Reading →
Valaris Jack Up Wraps Up Well Job for BP Offshore Trinidad Early
Aug. 4 (OE) Valaris has completed a two-well workover and completion campaign for BP offshore Trinidad, with its VALARIS 249 jack-up rig finishing the program nearly 17 days ahead of schedule. The company credited the performance of the VALARIS 249 crew for delivering the campaign safely. "I am extremely proud of the VALARIS 249 team's... Continue Reading →
Petrobras confirms New Gas Discovery in Colombia
August 3, 2026 – Petróleo Brasileiro S.A. - Petrobras informs a new gas discovery in the Sandia-1 exploratory well, located in Block GUA-OFF-O in deep waters offshore Colombia. The Sandia-1 well is located approximately 42 kilometers from the coast, at a water depth of 1251 meters and 18 kilometers from the Sirius-1 (discovery) and Sirius-2... Continue Reading →
Petrobras is within 500 meters of reaching the Morpho reservoir in the FOZ do AMAZONAS BASIN
July 31 (PN) Petrobras is very close to completing a key stage of its exploration campaign in the promising FZA-M-059 block, located in the Foz do Amazonas Basin within the Equatorial Margin. The company's Director of Exploration and Production, Sylvia Anjos, revealed on Thursday (30)—during the Sergipe Oil & Gas 2026 event—that the drillship is... Continue Reading →
Noble revenue slips on rig suspensions and Black Sea exit
July 28 (splash247) Offshore driller Noble posted a $37m net loss for the second quarter of 2026 after operational suspensions affecting two rigs in Brazil weighed on revenue and utilisation. The quarterly loss compared with net income of $121m in the first quarter. Contract drilling services revenue fell to $679m from $743m in the previous... Continue Reading →
US energy firms boost rig count to highest since April 2025, Baker Hughes says
July 17 (Reuters) - U.S. energy firms this week added rigs for a fifth week in a row for the first time since early June, boosting the total count to its highest since April 2025, energy services firm Baker Hughes said in its closely followed report on Friday. The total rig count, an early indicator of... Continue Reading →
TotalEnergies to begin new drilling in Suriname next year, executive says
June 24 (Reuters) - Energy producer TotalEnergies expects to begin a new well drilling campaign next year to extend its exploration targets in Suriname, the French company's vice president for exploration in the Americas said on Wednesday. TotalEnergies' largest development in Suriname, the $10.5 billion Gran Morgu offshore project, is set to begin oil output... Continue Reading →
Vantage Investors Back $258M Merger with Eldorado Drilling
June 19 (OE) The shareholder in offshore drilling contractor Vantage Drilling have approved its proposed merger with Norway-based Eldorado Drilling, advancing a transaction that values Vantage's equity at approximately $258 million. The approval was secured at a special general meeting held in Bermuda on June 18, where shareholders voted in favor of all resolutions related... Continue Reading →
ExxonMobil returns to Barreleye as Stabroek exploration campaign continues offshore Guyana
June 16 (oilnow.gy) ExxonMobil Guyana is moving ahead with fresh exploration drilling at the Barreleye-3 well in the Stabroek Block, continuing work to evaluate one of the discoveries that could help shape the next wave of development offshore Guyana. The drilling campaign is scheduled to begin on June 13 and continue until August 31, 2026,... Continue Reading →
Petrobras Updates Forecast and Expects to Complete Morpho Well Drilling on the Equatorial Margin in August
June 12 - Petrobras has updated its forecast for the completion of drilling at the Morpho well in the Foz do Amazonas Basin, off the coast of Amapá. The initial expectation was to finish work by the end of June, but the company informed IBAMA (Brazilian Institute of Environment and Renewable Natural Resources) that it... Continue Reading →