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Exploration & Production

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Business & Finance
Equinor hires Odfjell’s Deepsea Atlantic rig on $160M contract. Pens agreement for more rigs
Exploration & Production

Equinor hires Odfjell’s Deepsea Atlantic rig on $160M contract. Pens agreement for more rigs

Odfjell Drilling has signed a firm contract for its Deepsea Atlantic semi-submersible drilling rig with Equinor – formerly Statoil.

about 8 years ago
Odfjell: Appetite for offshore drilling rising
Exploration & Production

Odfjell: Appetite for offshore drilling rising

Norwegian offshore drilling specialist Odfjell Drilling sees a better future for the offshore drilling space

about 8 years ago
Repsol preparing for Aruba drilling in June
Exploration & Production

Repsol preparing for Aruba drilling in June

Repsol signed a $6.4 million deal to hire the drillship for the Aruba well in March this year

about 8 years ago
ADES secures new loan to pay for three Nabors rigs
Exploration & Production

ADES secures new loan to pay for three Nabors rigs

ADES International, a provider of offshore and onshore oil and gas drilling and production services, has secured a new loan from a Saudi bank to finance the acquisition of three jack-ups from Nabors.

about 8 years ago
Pacific Drilling 1Q revenue boosted by Santa Ana drillship work
Exploration & Production

Pacific Drilling 1Q revenue boosted by Santa Ana drillship work

Offshore driller Pacific Drilling reported a loss of $96.1 million for the first-quarter of 2018, compared to a net loss of $99.8 million a year ago, and a loss of $129.7 million in the fourth quarter of 2017.

about 8 years ago
Corallian’s well costs go up over increased oil price
Exploration & Production

Corallian’s well costs go up over increased oil price

Cost estimates for two Corallian Energy-operated wells located off the UK have gone up due to increased oil price, affecting rig fuel costs. Corallian has been preparing to drill the Colter and Wick wells and has recently entered into a letter of intent with Ensco for the provision of a jack-up dril

about 8 years ago
Ensco rig waiting on sea conditions to drill Quadrant well
Exploration & Production

Ensco rig waiting on sea conditions to drill Quadrant well

Quadrant Energy is waiting on sea conditions to improve to be able to drill the Dorado-1 well located offshore Australia using the Ensco 107 jack-up.

about 8 years ago
Faroe hires Transocean rig for Brasse East well
Exploration & Production

Faroe hires Transocean rig for Brasse East well

Faroe Petroleum has made a commitment to drill the Brasse East exploration well off Norway and awarded a rig contract to a Transocean semi-submersible.

about 8 years ago
Aqualis wins rig inspection job with Petronas
Exploration & Production

Aqualis wins rig inspection job with Petronas

Aqualis Offshore has been awarded a one-year rig inspection service agreement with Petronas Carigali (Turkmenistan) to conduct drilling rig integrity inspection services for its drilling programs.

about 8 years ago
New Age spuds Etinde appraisal well
Exploration & Production

New Age spuds Etinde appraisal well

New Age has started drilling the IM-6 appraisal well at the Etinde block offshore Cameroon using the Topaz Driller jack-up rig.

about 8 years ago
Azinor Catalyst to use Transocean rig for North Sea well
Exploration & Production

Azinor Catalyst to use Transocean rig for North Sea well

Azinor Catalyst Limited, the Seacrest Capital Group-backed E&P company, has signed a Letter of Intent (LOI) with Transocean.

about 8 years ago
Aker BP gains drilling permit for North Sea well duo
Exploration & Production

Aker BP gains drilling permit for North Sea well duo

The NPD has granted Aker BP a drilling permit for two appraisal wells in the North Sea offshore Norway.

about 8 years ago
Malaysia’s UMW Oil & Gas changes name to Velesto Energy
Exploration & Production

Malaysia’s UMW Oil & Gas changes name to Velesto Energy

Malaysian offshore drilling and services provider UMW Oil & Gas is changing its name to Velesto Energy, starting Monday 21, 2018.

about 8 years ago
Azinam to drill several wells offshore Nambia over next two years
Exploration & Production

Azinam to drill several wells offshore Nambia over next two years

Offshore oil and gas exploration firm Azinam focused on Namibia is preparing for a multi-well drilling campaign over the next two years.

about 8 years ago
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