Heerema Marine Contractors has shared images showing the loading of the semi-submersible crane vessel Hermod on the heavy transport vessel Dockwise Vanguard, marking the beginning of the end for the crane vessel built in 1970s. To remind, HMC announced last week that the company was going to retire
Indebted offshore driller Seadrill Limited has entered into a restructuring agreement with the majority of its lenders which will see over $1 billion of new capital injected into the company. The driller informed on Wednesday the agreement was backed by more than 97 percent of its secured bank lende
Offshore driller Borr Drilling has accepted a letter of intent from BW Energy Dussafu, a subsidiary of BW Offshore, for a drilling campaign offshore Gabon. Borr’s high-specification jack-up rig Norve will be utilized to drill and complete two subsea development wells, the driller informed on Wednesd
Oil company Total E&P UK has extended the charter of the Prosafe-owned flotel Safe Caledonia currently operating in the North Sea. The Safe Caledonia semi-submersible accommodation rig is operating at the Elgin-Franklin offshore platform in the UK sector of the North Sea. Total initially awarded the
Shelf Drilling, a shallow water offshore drilling contractor, has secured contracts for two of its jack-up drilling rigs in Dubai. Shelf’s two drilling rigs, Shelf Drilling Tenacious and the Shelf Drilling Mentor (previously called the West Mischief), have each won a two-year contract with Dubai Pet
Byron Energy has signed a drilling contract with Ensco for the Ensco 68 jack-up rig to carry out the South Marsh Island Block 71 (SM 71) drilling and completion program in the U.S. Gulf of Mexico. Otto Energy, a partner in SM 71, said on Tuesday that the Ensco 68 rig would be available before [&hell
Norwegian oil and gas explorer Wellesley Petroleum has failed to find hydrocarbons at its Goanna exploration well offshore Norway. The well, located in licence PL 881 in the Norwegian North Sea, was spud in late August. It is operated by Wellesley with 70% interest and the remaining 30% interest is
An investigation by the Norwegian offshore safety agency, the Petroleum Safety Authority (PSA), into a hydrocarbon leak on the Statoil-operated Åsgard field has revealed that the incident could have led to fatalities had there been personnel in the area. The Åsgard field is located in Haltenbanken i
Norwegian oil company Statoil is unlikely to drill a sidetrack well on the Verbier prospect in the UK North Sea after encountering a water bearing reservoir at its exploration well. Jersey Oil & Gas (JOG), a partner in the well, said on Monday that the exploration well 20/05b-13 drilled on the P.217
Providence Resources, the Irish oil and gas company, is disappointed with well results at the Drombeg prospect in Frontier Exploration Licence (FEL) 2/14 offshore Ireland as the well contains a porous water-bearing reservoir interval. The license is located in the southern Porcupine Basin and it is
The number of U.S. offshore rig remained unchanged last week but dropped by two units year-over-year, Baker Hughes, a GE company, stated in its weekly rig count reports on Friday. Baker Hughes Rig Count: U.S. +1 to 944 rigs U.S. Rig Count is up 1 rig from last week to 944, with oil rigs down [&helli
Azinor Catalyst, the Seacrest Capital Group-backed E&P company, has found no hydrocarbons in its Partridge well in the UK sector of the North Sea. The 14/11a-2 well on the Partridge prospect was spud with Diamond Offshore’s Ocean Guardian rig in mid-August. Azinor said on Friday that the well was dr
After much anticipation, Hyperdynamics-operated Fatala-1 exploration well drilled offshore Guinea has reached its total drilling depth and did not encounter hydrocarbons. Fatala-1 was drilled with the Pacific Scirocco drillship in 2,897 meters of water and reached a total depth of 5,117 meters below
The international offshore rig count for August this year was 201 units, down by 27 units year-over-year, according to a Friday report by Baker Hughes, a GE company. The international rig count includes Latin America, Europe, Africa, Middle East, and Asia Pacific regions. The international rig count
