Offshore rig builder Lamprell has reached a settlement with Cameron, a subsidiary of Schlumberger, regarding issues with jacking equipment supplied by Cameron in 2016 for the Ensco 140 jack-up rig. To remind, Lamprell’s delivery of the Ensco 140 jack-up rig was delayed in June 2016 due to a technica
Offshore driller Odfjell Drilling has signed a contract with Aker BP for the 2010-built Deepsea Stavanger semi-submersible drilling rig. The driller informed on Thursday that the contract with Aker BP is for a period of approximately nine months, starting in February 2018 and completing around Octob
Offshore driller Atwood Oceanics has won a one-well contract at an undisclosed dayrate for operations offshore Northwest Africa with Kosmos Energy for the ultra-deepwater drillship, the Atwood Achiever. The new contract will start immediately following the completion of the well in progress under th
Oil services company Archer has been awarded a four-year contract for plug and abandonment (P&A) rig operations by Repsol. According to Archer’s statement on Wednesday, the contract scope includes permanent plugging and abandonment of the wells on the Gyda platform operated by Repsol Norge. The Gyda
Oil giant Saudi Aramco has signed contracts that will mark the start of works on what is going to be the giant maritime complex known as King Salman International Complex for Maritime Industries and Services in Ras Al-Khair. The company signed a contract with a consortium comprising Saudi Archirodon
Following a “major” gas discovery offshore Senegal earlier this year, the U.S. oil company Kosmos Energy plans to drill three more wells off Mauritania and Senegal in 2017, starting with Hippocampe well later this month. In the company’s 2Q 2017 conference call on Monday, talking about Kosmos’ plans
Norwegian offshore drilling contractor Borr Drilling, formerly known as Magni Drilling, has resolved to apply for a listing of its shares on the Oslo Stock Exchange (Oslo Børs) in the second half of August 2017. In a statement on Friday, August 4 the driller said the target for the listing is to inc
Offshore driller Ensco in May announced a proposed acquisition of its rival Atwood Oceanics, which will, once and if completed, make Ensco one of the world’s largest jack-up owners, but will also add several hi-spec floaters to its fleet. To remind, it was agreed that under the proposed merger, Atwo
The international offshore rig count for July 2017 dropped by 22 units year-over-year, Baker Hughes, a GE company, said in its monthly report on Monday. Namely, according to Baker Hughes’ report, the international offshore rig count for July 2017 was 204, up 7 from the 197 counted in June 2017, and
Prosafe, an owner and operator of semi-submersible accommodation rigs known as flotels, will lay up another one of its units, following contract completion with Petrobras. In its operational update for 2Q 2017 on Monday, Prosafe said that its 2005-built flotel Safe Concordia was fully contracted in
Norway’s Statoil has made a small, non-commercial, gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well also proved oil, Statoil said on Monday. “The well was drilled with the ambition of proving up additional oil resources in the vicinity of the Wi
London-listed Cairn Energy has found oil and gas in the SNE North-1 exploration well off Senegal. With this well finished, Cairn has completed its exploration drilling campaign for the year. The company announced the results of the SNE North-1 exploration well on Monday, saying that the well encount
Offshore watchdog the Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum a drilling permit for a wildcat well in the Barents Sea offshore Norway. The well 7317/9-1 is located in a prospect named Koigen Central. It will be drilled from the Songa Enabler Cat D semi-submersible drillin
Offshore driller Noble Corporation fell to a loss for the second quarter of the year dragged down by a significant reduction in revenues caused by a decline in fleet operating days and slashed dayrates in floating rig fleet. The driller reported a net loss attributable to the company for the second
