Tighten supplier terms for vessel, seismic and rig‑sensor buys

The minimum work commitment for Block O7 includes the acquisition of 1,500 kilometers of 2D and 2,300 square kilometers of 3D seismic data, alongside the drilling of one exploration well

The block’s deepwater setting is said to align with the consortium’s extensive offshore experience. The minimum work commitment for Block O7 includes the acquisition of 1,500 kilometers of 2D and 2,300 square kilometers of 3D seismic data, alongside the drilling of one exploration well

O. (TPAO) – have signed a production sharing agreement (PSA) for an offshore exploration area in the Mediterranean Sea, off the coast of Libya

Calvin Holt, Founder and CEO of DrillDocs, commented: “Our groundbreaking computer vision technology captures and interprets vital information that can lead to improved drilling efficiency and safety. By combining advances in camera technology and data science, we’re able to measure hole cleaning efficiency and detect drilling and wellbore stability issues as they are occurring, alerting the drilling team to take corrective action before they become much bigger problems

By combining advances in camera technology and data science, we’re able to measure hole cleaning efficiency and detect drilling and wellbore stability issues as they are occurring, alerting the drilling team to take corrective action before they become much bigger problems. “This demonstrates the power of camera-as-a-sensor technology, and we’re excited to collaborate with a visionary operator like Aker BP to find new ways of bringing that capability to bear on day-to-day challenges faced on offshore rigs

By combining advances in camera technology and data science, we’re able to measure hole cleaning efficiency and detect drilling and wellbore stability issues as they are occurring, alerting the drilling team to take corrective action before they become much bigger problems

The MOU covers future project labor agreements associated with Phase One camp construction, operations, and logistics, as well as major Phase Two facilities including LNG export facilities, gas treatment facilities, compressor stations, module installation, transportation logistics, and related site work. Alaska LNG is expected to generate exceptional opportunities for Alaska’s workers and contractors in the development of one of the largest energy infrastructure projects in the country’s history

Home Fossil Energy Chugach eyes gas from Alaska’s $44B LNG project with Glenfarne deal June 16, 2026, by Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has signed on the dotted line with Chugach Electric Association to iron out a potential gas supply deal related to its liquefied natural gas (LNG) export development in Alaska. Alaska LNG concept; Source: Alaska Gasline Development Corporation (AGDC) Glenfarne has signed a non-binding letter of intent (LOI) with Chugach Electric Association, clarifying k

The project, which is expected to create 12,000 construction jobs, is estimated to create up to 1,000 long-term jobs in operations

Home Fossil Energy Bourbon goes to Ghana under multi-month subsea contract June 16, 2026, by French maritime services player Bourbon has won a multi-month subsea services contract offshore Ghana, in what the company describes as one of its core operating regions. Source: Bourbon via LinkedIn Bourbon will deploy its multi-purpose support vessel (MPSV) Bourbon Evolution 802, equipped with two work-class HD remotely operated vehicles (ROVs), at the Jubilee field for inspection, maintenance and repair (IMR) services

“This contract reflects our ability to deliver integrated subsea solutions that combine engineering and offshore operations in our traditional markets. The Bourbon Evolution 802 is exactly the type of vessel that allows us to support our clients on technically complex projects, backed by a strong local presence and teams with deep expertise in the region,” said Karim Mebarek, Chief Commercial Officer of Bourbon

The Bourbon Evolution 802 is exactly the type of vessel that allows us to support our clients on technically complex projects, backed by a strong local presence and teams with deep expertise in the region,” said Karim Mebarek, Chief Commercial Officer of Bourbon. In the area, Bourbon has carried out campaigns on Tullow-operated fields since 2021, including the deployment of Bourbon Evolution 804

The drilling activity did not result in commercial quantities of hydrocarbons

While the well was not formation-tested, data was acquired

Transocean Encourage rig; Source: Transocean Equinor and its partners have drilled a dry well in the Heidrun Cellar SE prospect, known as the wildcat well 6507/8-D-4 CH, under the Heidrun field in the Norwegian Sea, 240 kilometers west of Sandnessjøen