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January 8, 2022
Karoon Energy, an oil producer in deepwater Brazil, boasts a high-visibility growth outlook. Learn more about KRNGF stock here.
October 4, 2021
APA's Keskesi South-1, drilled 6.2 kilometers from the Keskesi East-1 discovery well, hits non-commercial traces of hydrocarbons prompting authorities to abandon the site.
September 30, 2021
TotalEnergies has failed to find commercial amounts of hydrocarbons with its latest Suriname offshore well.
June 4, 2021
Maersk Developer has secured a firm 120-contract extension. PHOTO SOURCE: Maersk Drilling
June 3, 2021
Maersk Drilling confirmed for drilling contract and TechnipFMC for subsea works
June 3, 2021
Karoon adds more wells to Maersk rig backlog June 3, 2021, by Nermina Kulovic Oil and gas company Karoon Energy has exercised an option to add the drilling of two development wells at the Patola field offshore Brazil to the work scope of the Maersk Drilling-owned semi-submersible rig Maersk Developer. The work is expected to start in the second half of 2022, in direct continuation of the rig’s previously agreed work scope with Karoon Energy. The ...
June 3, 2021
03 Jun 2021 (Last Updated June 3rd, 2021 11:08) The Patola field development is expected to involve an investment of up to $195m and deliver first oil in 2023. Share Article Australian company Karoon Energy has taken the final investment decision (FID) to develop the Patola Project in the Santos Basin, offshore Brazil. The development will entail an investment of around $175m to $195m. The Patola field is located within the Karoon-owned and operat...
June 3, 2021
Maersk Drilling confirmed for drilling contract and TechnipFMC for subsea works
June 3, 2021
Maersk Drilling has been awarded a two-well contract extension by Karoon Energy, while TechnipFMC will carry out engineering, procurement, construction and installation of subsea trees, flexible pipes and umbilicals.
June 1, 2021
Maersk Awarded Intervention Work off Brazil Karoon Energy will put the rig to work in its Baúna field. June 1, 2021 Maersk Drilling has been awarded a contract with Karoon Energy Ltd. for the semisubmersible rig Maersk Developer to perform well intervention on four wells at the Baúna field offshore Brazil. The contract is expected to begin in the first half of 2022, with a firm duration of 110 days. The value of the contract is $34 million, including rig modifications and a m...