The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway a drilling permit for an appraisal well in the Barents Sea, offshore Norway. The well 7220/11-4 A will be drilled from the Leiv Eiriksson drilling rig in production license 609. The license is operated by Lundin Norway with an owner
The number of U.S. offshore rigs remained unchanged for the second week in a row, according to a Friday report by Baker Hughes, a GE company. Baker Hughes Rig Count: U.S. +0 at 952 rigs U.S. Rig Count is unchanged from last week at 952, with oil rigs up 2 to 765 and gas rigs […]
Offshore driller Noble Corporation has been awarded a contract for one of its drillships with the French oil major Total. In its latest fleet status report on Thursday, Noble said that the 2013-built drillship Noble Globetrotter II has been contracted by Total to work in the Black Sea offshore Bulga
Fred. Olsen Energy, a Norwegian offshore drilling contractor, will sell its tender support vessel Borgsten Dolphin for decommissioning. The rig has been cold-stacked in Invergordon, Scotland after the early termination of its contract with Total in 2016. The oil company had hired the Borgsten Dolphi
Oil company Lundin Petroleum has completed the drilling and production testing of Alta appraisal well (Alta-4) in the southern Barents Sea, confirming very good reservoir properties. Lundin’s Norwegian unit, Lundin Norway, received a drilling permit to drill the Alta appraisal well in March and gain
Offshore driller Seadrill has secured a firm contract for one well and one drill stem test with Statoil for the West Saturn drillship in Brazil. According to Statoil’s statement on Thursday, the exploration drilling with the Seadrill rig will be done in the BM-S-8 license in the Santos basin offshor
Private equity investment firm Castle Harlan and its partners, Champ Private Equity and Lime Rock Partners, have supported Shelf Drilling in a recent acquisition of three premium jack-up rigs, and the investors are eager to support further fleet expansion if the price is right. The acquisition of th
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