Adnoc has commissioned a new oil rig from National Oilwell Varco.
Rig will be built in UAE by American company National Oilwell Varco
Periscope HD technology to increase accuracy and efficiency.
2,980 sq km block was awarded as part of a competitive bidding process
More remote regions will see a scaling back of exploration activity.
Rig will head to its drilling location in Abu Dhabi in late February
The block is being sold for $750 million
Learn about the components in Shell's Mars B deep-water project
West Chirag production began from a pre-drilled well on 28 January
Shell will sell a 23% interest in the Parque das Conchas for $1bn
Assocham urges Indian petroleum ministry to support pipeline project
Company awarded large 3D contract award in Australia
Hail offshore oilfield to secure safe production for 30 years
The five tanker pipelines will connect Vopak to Port of Fujairah
Total will explore Block 41, a new area of 24,000 square kms offshore
488-metre-long hull of the Shell Prelude FLNG facility is floated.
For $15 million, PXP will farm-in to Morocco's Maza permit offshore.