Irish oil and gas company Providence Resources has started drilling operations on the 53/6-A exploration well program offshore Ireland. The well is located in the Frontier Exploration Licence (FEL) 2/14, in the southern Porcupine Basin. The license is operated by Providence Resources (56%) on behalf
The discovery was made at the Zama-1 exploration well in Block 7,
Norwegian oil company Aker BP has received consent from the offshore watchdog, the Petroleum Safety Authority (PSA), to use the Maersk Interceptor rig to drill two exploration wells in the North Sea. The two wells are designated 25/4-11 and 25/4-12 and are located in a prospect named Hyrokkin, north
UK driller Ensco has been awarded three drillship contracts offshore West Africa, representing an aggregate three years of contracted term and more than six additional years of options. Ensco Chief Executive Officer and President, Carl Trowell, said, “We contracted Ensco DS-4, a rig that was previou
South Korea’s Daewoo Shipbuilding & Marine Engineering has reportedly delivered a newbuild drillship to Transocean, world’s largest offshore drilling contractor. South Korean news websites Yonhap and Pulse have both informed of the delivery citing a statement by DSME. Offshore Energy Today has reach
Lundin Petroleum has hired the COSL Innovator semi-submersible drilling rig for one well offshore Norway. The contract is expected to start in March 2018. Lundin will have an option to extend the contract for eight more wells. “This is another fantastic news to give our organization. We are proud an
London-listed oil and gas company Cairn Energy has completed drilling of the FAN South-1 well in the South Fan prospect offshore Senegal and found oil. The well, which was the first pure exploration well to be drilled offshore Senegal since the discovery wells of FAN-1 and SNE-1 in 2014, was spud in
Sparrows Group, a specialist equipment and integrated engineering services provider, has been awarded a three-and-a-half-year extension to its inspection services contract for Stena Drilling’s fleet of drilling vessels. Sparrows said on Tuesday that the contract scope included carrying out LOLER lif
Erin Energy is set to start drilling at the Oyo-9 well offshore Nigeria by the end of July, and has informed Pacific Drilling – whose rig it will be using – of its intention. According to Erin Energy Pacific Drilling has assured Erin of its readiness to mobilize its sixth drillship, Pacific Bora by
Norwegian oil major Statoil has received consent from the national offshore safety authority, the Petroleum Safety Authority Norway, to drill an exploration well in the Barents Sea using the Songa Enabler drilling rig. The exploration well labelled 7317/9-1, located in production license 718 in the
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway a drilling permit for wellbore 7219/12-2 S in the Barents Sea off Norway. The NPD said on Friday that the wellbore 7219/12-2 S would be drilled from the Ocean Rig-owned Leiv Eiriksson drilling rig. The drilling program for the well
Offshore driller North Atlantic Drilling Ltd. (NADL) will not be taking delivery of its newbuild semi-submersible drilling rig West Rigel from Sembcorp Marine’s Jurong Shipyard in Singapore just yet. The driller and the rig builder have now agreed an amendment to extend the delivery deferral period
As the “lower for longer” outlook keeps getting longer, some rig owners are setting the scene for a major restructuring in the offshore drilling industry. By David Carter Shinn Within a reasonable timeframe, rig dayrates, especially for deepwater drilling rigs, won’t increase from current cash break
Offshore driller Pacific Drilling expects to report a drop in contract drilling revenue for the second quarter of the year, compared to the first quarter, when it releases its results in August. The company on Wednesday said that contract drilling revenue for the second quarter 2017 is expected to b
