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Exploration & Production

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Business & FinanceEquipment
U.S. weekly offshore rig count drops to 19
Exploration & Production

U.S. weekly offshore rig count drops to 19

The number of active offshore rigs in the U.S. fell to 19 active units this past week, according to weekly rig count reports released on Friday by Baker Hughes.

about 8 years ago
Another delay for Prosafe’s three new accommodation rigs
Exploration & Production

Another delay for Prosafe’s three new accommodation rigs

Prosafe has postponed the delivery of three newbuild rigs from a Chinese shipyard.

about 8 years ago
Shell takes Awilco rig for UK decommissioning program
Exploration & Production

Shell takes Awilco rig for UK decommissioning program

Awilco Drilling has signed a contract with Shell UK Limited for the provision of WilPhoenix rig for a decommissioning program of 18 firm wells plus options totaling a further eight wells.

about 8 years ago
Pemex looking for rig to test Talos’ Zama discovery, Premier Oil says
Exploration & Production

Pemex looking for rig to test Talos’ Zama discovery, Premier Oil says

Mexican oil company Pemex is on the lookout for a drilling rig which it will use to test the size of the Zama discovery made by the U.S. operator Talos offshore Mexico in late 2017.

about 8 years ago
Maersk confident of selling Maersk Drilling, Maersk Supply by 2018 end. Finds optimism in rising oil price
Exploration & Production

Maersk confident of selling Maersk Drilling, Maersk Supply by 2018 end. Finds optimism in rising oil price

Danish maritime industry giant A.P. Moller Maersk is still aiming to sell its offshore drilling and offshore supply vessel businesses by the end of 2018, despite recent reports claiming the drilling business sale might spill over into 2019.

about 8 years ago
Bassoe: Borr Drilling takes jackup rig hoarding to a new level
Exploration & Production

Bassoe: Borr Drilling takes jackup rig hoarding to a new level

Borr raises $350 million in a matter of minutes as it takes a new bite out of the distressed asset fleet.

about 8 years ago
Upland, Baron given nod for ‘250 million barrel’ Wick farm-in
Exploration & Production

Upland, Baron given nod for ‘250 million barrel’ Wick farm-in

Oil companies Upland and Baron Oil have been given consent from the UK Oil and Gas Authority to farm-into Corallian-operated block in the UK North Sea, containing the Wick prospect.

about 8 years ago
Canada: Suncor probed over Transocean Barents rig spill
Exploration & Production

Canada: Suncor probed over Transocean Barents rig spill

Canadian oil company Suncor is being investigated over an oil spill from the Transocean Barents rig.

about 8 years ago
BW Offshore to drill additional well offshore Gabon
Exploration & Production

BW Offshore to drill additional well offshore Gabon

BW Offshore will drill an additional appraisal well to test one of several prospects mapped in the Ruche area within the Dussafu license offshore Gabon.

about 8 years ago
Borr buying 5 newbuild jack-up rigs from Keppel for $745M
Exploration & Production

Borr buying 5 newbuild jack-up rigs from Keppel for $745M

Offshore driller Borr Drilling has signed a master agreement with Singapore’s Keppel, to acquire five jack-up rigs for a total value of approximately $745m.

about 8 years ago
GustoMSC to deliver new smart crane to Maersk Drilling
Exploration & Production

GustoMSC to deliver new smart crane to Maersk Drilling

Danish offshore driller Maersk Drilling has awarded GustoMSC the first order for the new Chela smart crane.

about 8 years ago
Sembcorp Marine parts ways with COO
Exploration & Production

Sembcorp Marine parts ways with COO

Singapore’s rig builder Sembcorp Marine is on the lookout for a Chief Operating Officer, after parting ways with Ong Poh Kwee, who has held the position since July 2015.

about 8 years ago
Rosneft spins drill bit offshore Vietnam
Exploration & Production

Rosneft spins drill bit offshore Vietnam

Russia’s Rosneft has kicked off drilling operations at a production well at the (Lan Do field) as part of Block 06.1 development, offshore Vietnam.

about 8 years ago
Corallian to use Ensco jack-up for UK well duo
Exploration & Production

Corallian to use Ensco jack-up for UK well duo

Corallian Energy has entered into a letter of intent with drilling contractor Ensco for the provision of a jack-up drilling rig to drill its Colter and Wick wells offshore the UK.

about 8 years ago
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