News / International

PCGUSA Awards a $24 mm Contract to Maersk Drilling

PC Gabon Upstream S.A. (PCGUSA), a subsidiary of PETRONAS, has awarded Maersk Drilling with a one-well contract for the provision of a deepwater drillship rig valued at $24 million.

Pharos to Survey Vietnam’s Block 125 in Q3 2021

Pharos is expected to begin a 3D seismic survey at its Phu Khanh basin in the northern part of Block 125 in Q3 2021.

Baker Hughes’ US Oil Rig Count Increases in April

The number of Baker Hughes’s rotary drilling rigs operating in the US has increased on April 16, recording 439 rigs.

Libya’s NOC Revenues Surpass $2 b in March

Sales of crude oil, gas, condensate, petroleum products, and petrochemicals have resulted in a bit over $2 billion of the Libyan National Oil Corporation’s (NOC) revenues in March.

ADNOC L&S Secures Two New VLCCs

Abu Dhabi National Oil Company Logistics & Services (ADNOC L&S) acquired two more Very Large Crude Carriers (VLCC), bringing the total number of VLCCs added to its fleet in 2021 to eight. 

BP Strikes Oil in Gulf of Mexico

BP has made a new oil discovery at Green Canyon Block 821 in the Puma West prospect in the deepwater US Gulf of Mexico.

Total, Siemens Sign Agreement for LNG’s Emission Reduction

Total has signed a technical agreement with Siemens Energy to study sustainable solutions for reducing carbon dioxide emissions that is generated from liquefied natural gas (LNG) facilities and associated power generation.

Petrofac to Extend Integrated Services for NEO

Petrofac announced that it has been awarded a one-year extension to its Integrated Services contract with NEO Energy.

Mubadala May Join Aramco Oil Pipeline Deal of $12 B

Mubadala Investment Company announced that it is going into negotiations with the U.S. investor EIG Global Energy Partners LLC, which is the lead member in the consortium that will invest in Saudi Aramco’s Oil Pipelines.

Gazprom Launches JET A-1 Fuel Production

Gazprom Neft owned Omsk Oil Refinery launched production of JET A-1 fuel for jet and turboprop engines in accordance with international standards, according to NeftegazRU.

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