Rejecting Egypt route, Cyprus aims to capture more Aphrodite value
Pressure has been growing on the Cypriot government to increase local benefits, particularly given high electricity prices.
Pressure has been growing on the Cypriot government to increase local benefits, particularly given high electricity prices.
Shell has contracted the Stena Forth for three wells offshore Egypt, following the rig’s recent success at the Nargis-1 exploration well for Chevron.
Chevron and partners have signed up to develop the Aphrodite field, offshore Cyprus, with drilling due to start in the first half of 2023, while political talks are continuing.
ExxonMobil Canada has signed a contract for the Stena Forth to drill one well offshore Canada in the second half of 2022.
Stena Drilling has struck a deal with CNOOC International for a one-well job off Newfoundland, Canada.
Stena Drilling has been awarded a new contract for work in the Suriname-Guyana basin with Tullow Oil.
Aberdeen-based Stena Drilling has won a contract to provide a drillship for a well campaign off Ghana.
Aberdeen-headquartered Stena Drilling has been booked for an exploration well on the Orinduik block offshore Guyana.
Watch time-lapse footage of Stena Drilling's Stena Forth said away from Lap Palmas en route to Ghana.
Stena Drilling said yesterday that a new contract award meant it could “re-evaluate” plans to lay off workers.