Neptune Energy, in collaboration with its partners, has unveiled a significant gas discovery at the Kyrre prospect and confirmed volumes for the Ofelia appraisal well, both situated within the PL 929 license near the Gjøa field in the Norwegian sector of the North Sea.

This extension allows for a significant additional work scope as part of a strategic alliance over a five-year period, providing Dolphin Drilling with schedule flexibility during this period.

The field is expected to contribute an impressive 17.66 billion cubic feet (0.5 billion cubic meters) of natural gas annually to Poland, facilitated by the Baltic Pipe pipeline.

Notably, after concluding its brief Thai contract, PV DRILLING I is set to move to Malaysia for a one-year drilling commitment.

Norwegian company Havkraft has entered into a partnership with Equinor to conduct a feasibility study aimed at harnessing wave energy as a sustainable power source for mobile offshore drilling units

The Deepsea Nordkapp, built in 2019, is a sixth-generation semi-submersible drilling rig designed for harsh environments and winter conditions. Odfjell Drilling acquired it from Samsung Heavy in April 2018.

This breakthrough, known as the Norma prospect, is more than just a notable find; it's being hailed as a "play-opener" for the region, dramatically lowering the risk associated with future exploration activities in the area.

The total estimated recoverable resources at Rosebank amount to roughly 300 million barrels of oil, with Phase 1 targeting 245 million barrels of oil.

The DHIBM-6H well was drilled horizontally from the MaBoMo production facility to a total depth of 4,125 meters into the Gamba sandstone reservoir at the Hibiscus field.

This decision came after Secretary of State Grant Shapps endorsed it before his departure in late August