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Exploration & Production

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Prosafe swings to quarterly loss
Exploration & Production

Prosafe swings to quarterly loss

Offshore accommodation rigs operator Prosafe booked a loss in the first quarter of the year as its revenues declined due to lower dayrates.

about 7 years ago
Aker BP set to drill North Sea well duo with Deepsea Stavanger rig
Exploration & Production

Aker BP set to drill North Sea well duo with Deepsea Stavanger rig

Norwegian E&P player Aker BP has received consents from the PSA to drill two exploration wells off Norway, using the Deepsea Stavanger drilling rig.

about 7 years ago
Investigation finds breaches of regulations following ‘West Hercules’ incident
Exploration & Production

Investigation finds breaches of regulations following ‘West Hercules’ incident

Norwegian Petroleum Safety Authority Norway has completed its investigation of the incident on West Hercules rig on January 16, 2019, when the lower marine riser package was unintentionally disconnected. Several breaches of the regulations have been identified.

about 7 years ago
Maersk Drilling to convert ‘Maersk Intrepid’ to hybrid rig
Exploration & Production

Maersk Drilling to convert ‘Maersk Intrepid’ to hybrid rig

Danish offshore driller Maersk Drilling has made plans to launch what it says will be the first hybrid, low-emission, offshore drilling rig.

about 7 years ago
Worldwide offshore rig count in April up by 62 rigs year-over-year
Exploration & Production

Worldwide offshore rig count in April up by 62 rigs year-over-year

The worldwide offshore rig count in April 2019 increased by 5 units sequentially and by 62 rigs year-over-year, according to monthly rig count reports by Baker Hughes, a GE company (BHGE).

about 7 years ago
Shelf Drilling directors OK equity issue for CM rig deal
Exploration & Production

Shelf Drilling directors OK equity issue for CM rig deal

Jack-up rig specialist Shelf Drilling’s board of directors has approved a share issuance in relation to the previously announced agreement with China Merchants for the acquisition of two newbuild offshore rigs.

about 7 years ago
JDC: Premier Oil spuds Indonesia offshore well
Exploration & Production

JDC: Premier Oil spuds Indonesia offshore well

Premier Oil has started drilling an offshore well in Indonesia using the Hakuryu-11 jack-up drilling rig.

about 7 years ago
IOG eyes Maersk rig for Harvey appraisal well
Exploration & Production

IOG eyes Maersk rig for Harvey appraisal well

Independent Oil and Gas (IOG) has made progress with preparations to drill the high-impact Harvey appraisal well located in the UK North Sea. The company has selected a jack-up drilling rig, appointed a well operator, and is finalizing an agreement with Halliburton for the provision of offshore dril

about 7 years ago
Talos Energy spuds Bulleit appraisal well in Gulf of Mexico
Exploration & Production

Talos Energy spuds Bulleit appraisal well in Gulf of Mexico

Talos Energy has started drilling the Bulleit appraisal well in Green Canyon 21 in the Gulf of Mexico using the Noble Don Taylor drillship.

about 7 years ago
GustoMSC delivers Chela crane to Maersk Drilling
Exploration & Production

GustoMSC delivers Chela crane to Maersk Drilling

GustoMSC, the developer of the Chela crane, has transferred the multi-functional arm to Danish offshore driller Maersk Drilling.

about 7 years ago
Shell exercises two options for Awilco’s WilPhoenix rig
Exploration & Production

Shell exercises two options for Awilco’s WilPhoenix rig

Shell has given notice of its intention to Awilco Drilling to exercise two options under the WilPhoenix decommissioning contract covering the abandonment of 5 further wells.

about 7 years ago
ExxonMobil, Hess sanction Liza Phase 2 development
Exploration & Production

ExxonMobil, Hess sanction Liza Phase 2 development

Partners in the Liza Phase 2 Development Offshore Guyana – ExxonMobil and Hess – have made a final investment decision to proceed with the second phase of development of the Liza Field on the Stabroek Block, offshore Guyana.

about 7 years ago
Island Drilling bags rig contract with Faroe
Exploration & Production

Island Drilling bags rig contract with Faroe

Offshore driller Island Drilling Company has been awarded a contract with Faroe Petroleum Norge to drill one well in the Norwegian Sea.

about 7 years ago
Azinor teams up with Maersk Drilling and Seapulse to drill two UK wells in 2020
Exploration & Production

Azinor teams up with Maersk Drilling and Seapulse to drill two UK wells in 2020

Azinor Catalyst Limited has committed to the Oil and Gas Authority to the drilling of two wells in 2020. These two firm wells form part of a three-well 2020 campaign.

about 7 years ago
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