Offshore driller Noble Corp. has found work for its Noble Bob Douglas drillship in Guyana. The contract is with ExxonMobil in Guyana and is for a three-year period. Noble did not disclose the contract dayrate. The drillship, built in 2013 by Hyundai Heavy Industries, is expected to start working for
Activists from the Greenpeace ship Arctic Sunrise have entered the exclusion zone of Statoil’s drilling rig Songa Enabler in the Barents Sea with kayaks and inflatable boats, while swimmers are in the waters protesting with hand banners. According to the environmental organization’s statement on Thu
UK-based offshore drilling contractor Awilco Drilling has recorded increased profit and revenues in the second quarter of 2017 when compared to the same period last year. Awilco’s said in its financial report that the net profit for the quarter was $15.1 million, compared to $6.9 million in the corr
Norwegian oil company Statoil has received consent from the Petroleum Safety Authority (PSA) to drill an exploration well on the Gina Krog field in the North Sea with the Maersk Integrator jack-up rig. Gina Krog is an oil and gas field located 250 kilometers west of Stavanger and 30 kilometers north
Norwegian oil company Statoil has received a consent to use the West Elara drilling rig for drilling and completing on the Valemon field, offshore Norway. According to the Petroleum Safety Authority that has given the consent, Statoil will use the West Elara jack-up drilling rig to drill and complet
Offshore drilling contractor Vantage Drilling International said on Wednesday an investigation into the company’s possible violations of the Foreign Corrupt Practices Act regarding alleged improper payment in Brazil had been completed. The company said it had received a letter from the United States
Indebted offshore driller Seadrill Limited has made changes to its credit facilities to insulate Seadrill Partners, a limited liability company formed by Seadrill Limited to own drilling rigs, from its restructuring. Seadrill Limited informed on Thursday it has completed amendments to three secured
Danish offshore driller Maersk Drilling has been awarded a contract by Shell for the deepwater semi-submersible rig Maersk Developer and extensions for rig contracts by two other clients. The contract with Shell covers the drilling and completion of three wells, and the suspension of one well, all l
Danish offshore driller Maersk Drilling does not expect to see financial improvements from an increase in offshore rig demand until the market reaches a stable oil price above $60 per barrel or until industry cost levels adjust further to a lower oil price. The current oil price remains below levels
Shares of the AIM-listed Sirius Petroleum have been temporarily suspended as Sirius awaits transition from an investing to operating company related to its role in the Ororo field development located offshore Nigeria. The Ororo field, discovered in 1986, is located within OML 95 in shallow waters of
Danish offshore driller Maersk Drilling saw a significant decrease in profit and revenues during the second quarter 2017 impacted by ten idle rigs in the period. Maersk Drilling’s profit for the second quarter 2017 tumbled to $28 million from $164 million in the prior-year second quarter. According
Azinor Catalyst, the Seacrest Capital Group-backed E&P company focused on the UK Continental Shelf, has started drilling an exploration well at the Partridge prospect in the UK sector of the North Sea. Azinor informed that the 14/11a-2 well on the Partridge prospect was spudded at approximately 6.30
Following an announcement that Transocean is buying its rival driller Songa Offshore in a $3.4 billion worth deal, the Norwegian workers union, Industri Energi, said it expects a smooth transition process. Early on Tuesday, the Swiss-based driller Transocean reported its intention to acquire 100 per
Switzerland-based offshore driller Transocean is buying its rival Norwegian-Cypriot offshore driller Songa Offshore in a $3.4 billion worth deal. Transocean has reached an agreement with Songa Offshore to acquire 100 percent of the issued and outstanding shares of Songa Offshore, including shares is
