Block Energy plc, an exploration and production company focused on Georgia, announced the commencement of Project II of its three-project strategy, which will re-develop the Patardzeuli Middle Eocene reservoir. The project includes the drilling of well JSR-01DEEP by September, Block Energy said. The well will be self-funded using the cash genera...

Oceaneering International announced its Subsea Robotics segment has been awarded a multi-year service contract supporting Petrobras projects off the coast of Brazil. This award continues to build on the remotely operated vehicle (ROV) business in an important energy market. Oceaneering will provide survey and ROV services for AKOFS Offshore’s...