Oslo-listed company Ship Finance International Limited (SFL) has secured a contract for one of its jack-up drilling rigs with an unnamed national oil company in Asia. SFL said on Thursday that the rig in question was the 2007-built drilling rig Soehanah. The jack-up will be employed under a drilling
Malaysian UMW Oil and Gas’ acquisition of compatriots Icon Offshore and Orkim has fallen through. This was first reported on Thursday by Malaysia’s The Edge Markets which cited unnamed sources, only to be confirmed later by UMW itself in a Bursa Malaysia filing. UMW Oil & Gas in January announced it
Colombia’s Ecopetrol has informed that the Gorgon-1 exploratory well the Colombian Caribbean deep-water, showed presence of gas in zones with depths ranging between 3,675 and 4,415 meters below average sea level. The well is operated by Anadarko, a U.S. oil company. The discovery proves gas presence
Malaysian offshore driller UMW Drilling will sell half of the ownership in the Naga 1 semi-submersible rig to Japan Drilling Company (JDC) transferring the ownership fully to the Japanese company. UMW Drilling’s parent firm UMW Oil & Gas said in a Bursa Malaysia filing that the companies had reached
With stable oil prices, rig oversupply, and lower-than-ever dayrates, the offshore drilling market couldn’t be more attractive to oil companies. But by not keeping offshore rigs on contract, oil companies are contributing to an industry-wide breakdown which may end up coming back to haunt them. By D
Lundin Norway has found only traces of hydrocarbons during drilling ops on an appraisal well of the Gohta discovery located in PL492 in the southern Barents Sea, classifying the well as dry. Lundin Norway is the operator of PL492 and holds a 40 percent working interest in the license. Partner Aker B
Wintershall is working to enable the start of oil production from the Maria field offshore Norway in the first half of next year. Wintershall said on Tuesday that the Norwegian Minister of Petroleum and Energy, Terje Søviknes, and Wintershall CEO, Mario Mehren, visited the Deepsea Stavanger rig in t
Ophir Energy started drilling the Ayamé-1X exploration well, offshore Ivory Coast, on Saturday, April 29, 2017, using the Seadrill-owned West Saturn drillship. The well, operated by Ophir Energy, is located on the CI-513 license. African Petroleum holds a 45% interest in the license, with Ophir Ener
Offshore drilling contractor Seadrill has reached an agreement with Shelf Drilling to sell three jack-up drilling rigs for a total consideration of $225 million. The rigs included in the agreement are the West Triton, West Resolute and West Mischief. Seadrill said on Monday that The West Triton and
ASX-listed oil and gas company Nido Petroleum has completed drilling operations on the Galoc-7 sidetrack well in the Palawan Basin offshore The Philippines after which the rig has been demobilized. Nido informed on Monday that the Deepsea Metro I drillship reached a total depth of 2,569 meters measu
DNV GL, a certification body and classification society, has appointed Transocean’s director of reliability, innovation, and fleet planning, Julian J. Soles, as the chairman of its Rig Owners Committee. DNV GL hosted the 2017 Annual Rig Owners Committee meeting at its North America headquarters in H
Lamprell, a provider of engineering and contracting services to the energy industry, has completed the construction on the final jack-up drilling rig in a series of nine, the Al Lulu, and its delivery to Abu Dhabi’s National Drilling Company (NDC). The contract for the NDC Al Lulu rig was awarded in
Figures from the 2016 study of trends in risk level in Norway’s petroleum activity (RNNP) show an increase in serious hydrocarbon leaks and well control incidents, Norway’s offshore safety watchdog, the Petroleum Safety Authority (PSA), has said. The major accident indicator is still at too high a l
The U.S. offshore rig count saw a drop for a third week in a row, the oilfield services provider Baker Hughes reported on Friday. BHI Rig Count: U.S. +13 to 870 rigs U.S. Rig Count is up 13 rigs from last week to 870, with oil rigs up 9 to 697, gas rigs up 4 to […]
