Category: Oil
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Seadrill’s Drillship Picks up 1,095-Day Drilling Job Offshore Brazil

Wedoany.com Report-Dec 22,Bermuda-headquartered offshore drilling contractor Seadrill has won a multimillion-dollar assignment off the coast of Brazil for one of its drillships, which will work for th...

2024-12-22

Hanwha Ocean’s Fixed Platfrom Achieves Early Oil Production

Wedoany.com Report-Dec 22, Hanwha Ocean, a shipbuilding unit of Korea’s Hanwha Group, announced Wednesday that its offshore oil platform began to produce crude oil two weeks before the expected ...

2024-12-22

Helix Vessel Getting Ready for Brazilian Decom Job With Shell at Namibia’s Port

Wedoany.com Report-Dec 21,U.S.-headquartered offshore energy services provider Helix Energy Solutions has confirmed the arrival of its purpose-built DP3 semi-submersible vessel to Namibia’s Port...

2024-12-21

NUPRC to Launch New Oil Licensing Round in 2025

Wedoany.com Report-Dec 21,The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to hold another oil licensing bid round in 2025. NUPRC Chief Executive Officer Gbenga Komola...

2024-12-21

Oil Prices up With Fed Rate Cut Hopes, Us Demand Surge

Wedoany.com Report-Dec 21,Oil prices increased on Wednesday ahead of a possible rate cut decision from the US Federal Reserve (Fed) and data indicating a rise in oil demand in the US, the worlds large...

2024-12-21

Transocean Drillship Gets $111 Million to Stay Longer at Drilling Gig Offshore India

Wedoany.com Report-Dec 21,Switzerland-based offshore drilling contractor Transocean has secured a multi-well contract extension for one of its drillships off the coast of India. Reliance Industries hi...

2024-12-21

Qatar Raises Oil Price for February Loadings

Wedoany.com Report-Dec 20,QatarEnergy has reportedly raised the price of its al-Shaheen crude oil blend for February loadings, suggesting robust demand for the grade. Reuters cited unnamed sources fam...

2024-12-20

Saudi Crude Oil Exports Jumped to Three-Month High in October

Wedoany.com Report-Dec 20, Saudi Arabia’s crude oil exports rose to a three-month high in October, the latest data from the Joint Organizations Data Initiative (JODI) showed on Wednesday. Saudi ...

2024-12-20

OPEC+ Wary of Rise in US Oil Output Under Trump

Wedoany.com Report-Dec 19,Opec+ members are contemplating a renewed rise in US oil output when Donald Trump returns to the White House, delegates from the group said. More US oil would further erode O...

2024-12-19

Iran Boosts Oil, Gas Output Amid US Crackdown on Sales

Wedoany.com Report-Dec 19, Iran’s oil and gas output has ramped up over the past three months, Deputy Oil Minister Hamid Bovard said on December 18, as the country is poised to face heightened p...

2024-12-19