From left, Nassima Brown, Fennex director of strategy, and Adrian Brown, founder and managing director, with host Rachel Riley at the Offshore Achievement Awards
Oil/Gas

Fennex accelerates growth amid new contact wins worth

Fennex, an energy technology specialist, is continuing its growth campaign following recent contract wins worth over GBP 250,000 with personnel increases and entry into new markets. Providing solutions for the energy sector to accelerate digital […]

photo: Maersk Drilling
Mergers

Maersk Drilling and Noble agree to merge

The Drilling Company of 1972 A/S (Maersk Drilling) has announced that it has entered into a definitive agreement to combine with Noble Corporation in a primarily all-stock transaction. The combined company will be named Noble […]

‘Noble Tom Madden’ drillship
Exploration

Increase in recoverable resource estimate for Stabroek Block and significant discovery at Cataback, offshore Guyana

Hess Corporation has announced an increase in the gross discovered recoverable resource estimate for the Stabroek Block offshore Guyana to approximately 10 billion barrels of oil equivalent, up from the previous estimate of more than […]

The Gusto P10000 design ‘Noble Sam Croft’
Exploration

Oil Discovery at Pinktail, Offshore Guyana

ExxonMobil reports it has made a discovery at Pinktail in the Stabroek Block offshore Guyana. The Pinktail well encountered 67 metres of net pay in high quality hydrocarbon bearing sandstone reservoirs. In addition to successful […]