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Exploration & Production

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Business & FinanceEquipment
Northern Drilling cancels deal to buy drillship from South Korean shipbuilder
Exploration & Production

Northern Drilling cancels deal to buy drillship from South Korean shipbuilder

Northern Drilling has canceled the resale contract for the West Cobalt drillship with the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).

about 6 years ago
Santos achieves strong oil flow from Dorado appraisal well
Exploration & Production

Santos achieves strong oil flow from Dorado appraisal well

The initial flow test of the Caley reservoir from the Santos-operated Dorado-3 appraisal well off Australia has confirmed the main oil pool in the field is capable of producing flow rates at the higher end of pre-drill expectations.

about 6 years ago
Shelf Drilling wins extensions for four jack-up rigs
Exploration & Production

Shelf Drilling wins extensions for four jack-up rigs

Shelf Drilling has secured contract extensions for four of its jack-up drilling rigs.

about 6 years ago
Worldwide offshore rig count in September up 43 rigs year-over-year
Exploration & Production

Worldwide offshore rig count in September up 43 rigs year-over-year

The worldwide offshore rig count in September 2019 decreased by four units sequentially, but increased by 43 units year-over-year, according to reports by Baker Hughes, a GE company.

about 6 years ago
Dolphin rig spuds i3 Energy’s Serenity appraisal well
Exploration & Production

Dolphin rig spuds i3 Energy’s Serenity appraisal well

i3 Energy has started drilling the SA-01 appraisal well at the Serenity field located in the UK North Sea using the Borgland Dolphin semi-submersible drilling rig.

about 6 years ago
Sete Brasil reaches settlement with Singapore’s rig builders
Exploration & Production

Sete Brasil reaches settlement with Singapore’s rig builders

Brazilian drilling contractor Sete Brasil has reached agreements with Singapore’s rig builders Keppel Offshore & Marine and Sembcorp Marine related to contracts for the construction of six semi-submersible rigs and seven drillships, respectively.

about 6 years ago
U.S. weekly offshore rig count stays flat
Exploration & Production

U.S. weekly offshore rig count stays flat

The U.S. weekly offshore rig count remained flat during last week, according to a rig count report published on Friday by Baker Hughes, a GE company.

about 6 years ago
Suncor allowed to resume ops after Transocean rig incident
Exploration & Production

Suncor allowed to resume ops after Transocean rig incident

Canadian offshore regulator has approved Suncor Energy’s plan to resume operations on the semi-submersible drilling rig Transocean Barents, following a September 6, 2019 incident, which resulted in an injured Transocean employee.

about 6 years ago
BW finds Hibiscus reserve estimates to be bigger than expected
Exploration & Production

BW finds Hibiscus reserve estimates to be bigger than expected

BW Offshore has raised its reserves estimates at the Hibiscus structure located on Dussafu Marin Permit, offshore Gabon, after finding oil in both the exploration well and appraisal sidetrack.

about 6 years ago
Conrad spuds first of two Duyung wells
Exploration & Production

Conrad spuds first of two Duyung wells

Conrad Petroleum has started drilling the first of two wells at its operated Duyung Production Sharing Contract in the West Natuna basin, offshore Indonesia, using the Asian Endeavour-1 jack-up rig.

about 6 years ago
Dolphin secures further Knarr work for Borgland Dolphin rig
Exploration & Production

Dolphin secures further Knarr work for Borgland Dolphin rig

Offshore drilling contractor Dolphin Drilling has secured further work for its Borgland Dolphin semi-submersible drilling rig to start in early 2020.

about 6 years ago
Transocean deploys hybrid energy storage on floating rig
Exploration & Production

Transocean deploys hybrid energy storage on floating rig

Transocean has deployed the world’s first hybrid energy storage system aboard a floating drilling unit.

about 6 years ago
PGNiG gets nod to drill its second operated well in Norway
Exploration & Production

PGNiG gets nod to drill its second operated well in Norway

The Polish oil and gas company PGNiG has been granted a license to drill an appraisal well in the Norwegian Sea.

about 6 years ago
Valaris nets $245 million in revenue backlog with new rig gigs
Exploration & Production

Valaris nets $245 million in revenue backlog with new rig gigs

Valaris, previously known as EnscoRowan, has secured new contracts and contract extensions with associated revenue backlog of approximately $245 million.

about 6 years ago
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