According to a weekly rig count report by Baker Hughes, a GE company, the number of U.S. offshore rigs dropped by two.
Japanese offshore drilling company JDC has sold its 43 years old semi-submersible drilling rig Naga-1 for scrap.
Prosafe sank to a loss during the third quarter 2017 due to impairments.
For comparison, the company for the same period last year reported a net income attributable to controlling interest of $218 million.
The drilling campaign is for the Buzzard Phase II Development Project and is planned to start around July 2018.
Norway’s Statoil has received consent from the Petroleum Safety Authority (PSA) to use the Askeladden Cat-J jack-up rig for drilling activities on the Gullfaks Sør field off Norway. To remind, the PSA conducted an audit last week to see how Statoil was ensuring that the Askeladden rig was suitable f
Oil company Kosmos Energy has completed drilling the Hippocampe-1 exploration well located in Block C-8 offshore Mauritania but failed to find oil or gas. The well was drilled in approximately 2,600 meters of water with the Ensco DS 12 drillship, formerly known as Atwood Achiever. Designed to test L
U.S.-based offshore drilling contractor Diamond Offshore booked a smaller profit for the third quarter of the year despite increase in revenues. During the quarter, the driller won two one-well contracts. The driller on Monday posted a net income of $10.8 million for the third quarter 2017, a decrea
The number of U.S. offshore rigs remained unchanged for the second week in a row, according to weekly rig count reports issued on Friday by Baker Hughes, a GE company. Baker Hughes Rig Count: U.S. -4 to 909 rigs U.S. Rig Count is down 4 rigs from last week to 909, with oil rigs up 1 […]
Transocean-owned newbuild ultra-deepwater drillship Deepwater Pontus has started operations for Shell in the U.S. Gulf of Mexico. Transocean said in its fleet status report on Thursday that the Deepwater Pontus drillship began its ten-year contract with Shell in late October. The drillship is operat
Independent E&P company Talos Energy has completed its Tornado II deepwater drilling program, located in the Phoenix Field of the Green Canyon area of the Gulf of Mexico, extending the proved limit of the original Tornado discovery. The Tornado II drilling program consisted of an exploratory test pe
Oil and gas company Tullow Oil has failed to make a commercial discovery at its Araku-1 well, offshore Suriname. The Araku-1 exploration well in Suriname has been drilled to a total depth of 2,685 meters and penetrated the objectives of the Araku prospect, Tullow informed on Friday. The company furt
Offshore drilling contractor Ensco booked a loss in the third quarter of this year, after reporting a profit in the same period last year. The driller’s revenues were impacted by fewer rig days and lower dayrates. The UK-based driller, which recently completed its acquisition of Atwood Oceanics, on
Neptune Survey has been awarded a rig positioning contract by Australian oil and gas company Quadrant Energy. Neptune said on Thursday that the deal was for Transocean’s GSF Development Driller-1 rig which would begin a drilling campaign for Quadrant in the first quarter of 2018. Neptune added that
