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Exploration & Production

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Business & FinanceProject & Tenders
Tullow hires Maersk drillship in four-year contract
Exploration & Production

Tullow hires Maersk drillship in four-year contract

Maersk Drilling has been awarded a four-year contract for the deep-water drillship Maersk Venturer by Tullow in Ghana.

about 8 years ago
Bassoe: Everything you need to remember about the offshore drilling market in 2017
Exploration & Production

Bassoe: Everything you need to remember about the offshore drilling market in 2017

Offshore Energy Today has been given a permission by an analyst at Bassoe Offshore to use an infographic with 2017’s highlights from the offshore drilling market. By: David Carter Shinn Dayrate and utilization trends for offshore drilling rigs have only improved marginally this year, but a lot has s

about 8 years ago
U.S. offshore rig count down to 18 units
Exploration & Production

U.S. offshore rig count down to 18 units

The number of U.S. offshore rigs dropped to 18 units last week, according to a Friday report by Baker Hughes, a GE company.

about 8 years ago
VIDEO: Saipem rig passing straight and narrow under Bosphorus bridges
Exploration & Production

VIDEO: Saipem rig passing straight and narrow under Bosphorus bridges

Italian contractor Saipem has launched a video of its semi-submersible drilling rig Scarabeo 9 crossing the Bosphorus Strait and clearing three Istanbul bridges.

about 8 years ago
Byron hits pay in Gulf of Mexico well
Exploration & Production

Byron hits pay in Gulf of Mexico well

Byron Energy has encountered four discrete hydrocarbon bearing sands in the SM 71 F2 well within the South Marsh Island 71 (SM 71) lease in the Gulf of Mexico.

about 8 years ago
Siccar Point seeks permit to drill exploration well off Shetland
Exploration & Production

Siccar Point seeks permit to drill exploration well off Shetland

Aberdeen-based oil company Siccar Point Energy has applied to the UK government for consent to drill an exploration well off the Shetland Islands. The exploration well 208/2-A (Lyon) is located in license P1854, approximately 125 km northwest of the Shetland Islands. The water depth at the site is a

about 8 years ago
Sembcorp Marine to sell NADL rig for $500 million
Exploration & Production

Sembcorp Marine to sell NADL rig for $500 million

Sembcorp Marine’s subsidiary Jurong Shipyard has signed an agreement for the sale of the semi-submersible rig West Rigel to a buyer at a price of $500 million.

about 8 years ago
Saipem bags new batch of contracts worth $380 million
Exploration & Production

Saipem bags new batch of contracts worth $380 million

Saipem has won a batch of contracts with a total value of about $380 million, which will see the company work offshore Angola, Norway, in the Gulf of Mexico and the Arabian Gulf.

about 8 years ago
U.S. weekly offshore rig count remains unchanged
Exploration & Production

U.S. weekly offshore rig count remains unchanged

The number of U.S. offshore rigs remained flat during the past week, said Baker Hughes in its weekly rig report.

about 8 years ago
Transocean lands 22-well contract with Statoil
Exploration & Production

Transocean lands 22-well contract with Statoil

Offshore driller Transocean has been awarded a contract for the harsh environment semi-submersible rig Transocean Spitsbergen by Statoil. According to Transocean’s statement on Thursday, the rig has received a 22-well contract with an estimated duration of 33 months; plus two one-well options in the

about 8 years ago
Green light for Aker BP to use Transocean rig on North Sea wildcat
Exploration & Production

Green light for Aker BP to use Transocean rig on North Sea wildcat

Aker BP has received consent from the PSA to drill an exploration well off Norway with the Transocean Arctic semi-submersible rig.

about 8 years ago
NADL’s West Phoenix to drill Fenja field wells
Exploration & Production

NADL’s West Phoenix to drill Fenja field wells

Following a recent letter of intent, North Atlantic Drilling Ltd has now been awarded a contract for for the semi-submersible rig West Phoenix with VNG Norge.

about 8 years ago
Fredriksen’s Northern Drilling buys another rig, eyes more
Exploration & Production

Fredriksen’s Northern Drilling buys another rig, eyes more

Northern Drilling Ltd, a newcomer in the offshore drilling space, has exercised its option to buy the semi-submersible rig Bollsta Dolphin for $400 million.

about 8 years ago
Rosneft spuds ultra-deepwater well in Black Sea
Exploration & Production

Rosneft spuds ultra-deepwater well in Black Sea

Russian oil company Rosneft has spudded the Maria-1 exploration well in the Black Sea. Forecasted oil in place for Zapadno-Chernomorskaya licence area is estimated to exceed 570 million tons. Rosneft pointed out in a statement on Wednesday that drilling preparations included acquisition of more than

about 8 years ago
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