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Exploration & Production

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Wintershall gains permit to drill Norwegian Sea wildcat
Exploration & Production

Wintershall gains permit to drill Norwegian Sea wildcat

The Norwegian Petroleum Directorate (NPD) has granted Wintershall Norge a drilling permit for a wildcat well located offshore Norway. The well 6604/5-1 will be drilled from the West Phoenix semi-submersible drilling rig. The drilling program for well 6604/5-1 relates to the drilling of a wildcat wel

about 8 years ago
Odfjell Drilling posts higher revenues on increased rig activity
Exploration & Production

Odfjell Drilling posts higher revenues on increased rig activity

Odfjell Drilling saw a decrease in profit during the third quarter of 2017 despite higher revenues pushed up by increased rig activity.

about 8 years ago
Borr optimistic about further growth in jack-up rig utilization levels
Exploration & Production

Borr optimistic about further growth in jack-up rig utilization levels

Borr Drilling is seeing signs of healthy tendering activity in the jack-up rig market and is optimistic about a further increase in utilization levels going into 2018.

about 8 years ago
Lundin set to drill another Barents Sea well
Exploration & Production

Lundin set to drill another Barents Sea well

Lundin has received consent from the Petroleum Safety Authority (PSA) to drill an exploration well off Norway with the Leiv Eiriksson drilling rig.

about 8 years ago
Lundin makes minor gas discovery in Barents Sea
Exploration & Production

Lundin makes minor gas discovery in Barents Sea

Lundin Norway has completed the drilling of exploration well 7219/12-2 on the Hufsa prospect in PL533 in the southern Barents Sea. A non-commercial gas discovery was made in the main well while the sidetrack was dry. The wells were drilled about 20 kilometers west of the discovery well 7220/11-1 (Al

about 8 years ago
Transocean rig lands Dvalin drilling contract
Exploration & Production

Transocean rig lands Dvalin drilling contract

One of Transocean’s semi-submersible drilling rigs has been awarded a contract to drill production wells at the Dvalin field in the Norwegian Sea.

about 8 years ago
Byron installs SM 71 platform offshore Louisiana
Exploration & Production

Byron installs SM 71 platform offshore Louisiana

Byron Energy has installed the the SM 71 Platform in the U.S. Gulf of Mexico, offshore Louisiana. This has been reported by Otto Energy, Byron’s partner in the South Marsh Island 71 (SM 71) oil and gas development. Otto Energy on Wednesday confirmed that installation of the jacket and decks comprisi

about 8 years ago
Aker BP forms two offshore drilling alliances
Exploration & Production

Aker BP forms two offshore drilling alliances

Aker BP has entered into two separate alliance agreements, one with Maersk Drilling and Halliburton for jack-up rigs, and one with Odfjell Drilling and Halliburton for semi-submersible rigs.

about 8 years ago
Singapore reclaiming the throne in offshore shipbuilding
Exploration & Production

Singapore reclaiming the throne in offshore shipbuilding

November 20, 2017 – Singaporean shipyards have held an influential position in the offshore shipbuilding world for years. Now they’re upping their game even more.

about 8 years ago
Mubadala ditches Thai well
Exploration & Production

Mubadala ditches Thai well

Mubadala Petroleum has abandoned an exploration well located in the G1/48 concession in the Gulf of Thailand.

about 8 years ago
U.S. weekly offshore rig count climbs up to 21
Exploration & Production

U.S. weekly offshore rig count climbs up to 21

Oilfield services provider Baker Hughes has reported that the U.S. weekly offshore rig count has risen to 21 active units. The overall rig count in the U.S. is also up this week, according to the company’s Friday report. Baker Hughes Rig Count: U.S. +8 to 915 rigs U.S. Rig Count is up 8 rigs from [&

about 8 years ago
OMV gains drilling permit for Norwegian Sea well
Exploration & Production

OMV gains drilling permit for Norwegian Sea well

OMV has received a drilling permit for a wildcat well in the Norwegian Sea from the Norwegian Petroleum Directorate (NPD).

about 8 years ago
Pacific Drilling gets nod to continue paying wages while working on debt restructuring
Exploration & Production

Pacific Drilling gets nod to continue paying wages while working on debt restructuring

A U.S. bankruptcy court has granted a relief requested by offshore driller Pacific Drilling which earlier this week filed for Chapter 11 bankruptcy. The driller on Thursday said the relief was granted by the United States Bankruptcy Court for the Southern District of New York in certain first day mo

about 8 years ago
Repsol pressing ahead with Yme redevelopment
Exploration & Production

Repsol pressing ahead with Yme redevelopment

Spanish oil company Repsol is set to resume work on the Yme field in the North Sea offshore Norway, after years of delays at the project. The company has hired a drilling rig/production platform, and has ordered caisson support structure for the Yme New Development project. Danish driller Maersk Dri

about 8 years ago
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