Murphy Oil Corporation has secured six offshore exploration licenses in Israel's Zone G, marking the company's entry into the Eastern Mediterranean.The licenses, awarded by the Government of Israel, cover approximately 1,700 square kilometers offshore Israel, about 25 kilometers southwest of the Leviathan gas field.
VAALCO Energy has secured government approval to advance exploration at its operated CI-705 block offshore Côte d'Ivoire, with plans to drill an exploration well by the end of 2028.
ADES Holding has secured three-year contracts from India's Oil and Natural Gas Corporation (ONGC) for two jack-up drilling rigs, with a combined firm contract value of approximately $117.
Malaysia's Velesto Energy has secured a contract from Petronas Carigali for its NAGA 3 jack-up drilling rig, covering one firm well and an option for a second well.
Windows were blown out across several floors of Saudi oil giant Aramco's corporate office in the heart of the financial district of the capital Riyadh on Sunday by what the energy ministry said was
Often overshadowed by the towering jackup and ultra-deepwater floating rig fleets that dominate offshore headlines, tender-assist rigs are enjoying a resurgence in Southeast Asia.
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