Exploration & Production

ADNOC awards contracts worth US$750mn for drilling-related services

PR ADNOC Invests 14072021The Abu Dhabi National Oil Company (ADNOC) has awarded three contracts worth a total of US$763.7mn (AED2.8bn) for integrated rigless services across six of its artificial islands in the Upper Zakum and Satah Al Razboot (SARB) fields to support its production capacity expansion to 5mn bpd by 2030

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Neptune Energy’s wells digitised with gaming tech

Neptune Energy 15 JulyNeptune Energy has announced the digitalisation of its portfolio of subsea wells in Norway, using an innovative data visualisation platform based on 3D gaming technology to enhance drilling and production efficiency and reduce time and costs

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Predator Oil and Gas announces spud of Morocco well

Predator MoroccoPredator Oil & Gas, the Jersey-based oil and gas company with operations in Trinidad, Morocco and Ireland, has announced that the MOU-1 well was spudded on 20 June 2021 with drilling ahead in progress to the first planned 13 3/8" casing point

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Qatar Petroleum wins two offshore exploration blocks in Suriname

Offshore bvlock QatarA consortium including Qatar Petroleum has been awarded two offshore blocks in Suriname, under production sharing contracts as part of the recent Suriname offshore bid round

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ADNOC awards US$744mn contract for full field development of the Belbazem offshore block

Al Yasat Petroleum Offshore RigThe Abu Dhabi National Oil Company (ADNOC) has awarded a US$744mn contract for the full field development of the Belbazem Offshore Block, underscoring its drive to unlock and maximise value from all of Abu Dhabi’s fields as it expands its oil production capacity to five million barrels per day (mmbpd) by 2030

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