Through common stock and warrants offering, Houston-based Hyperdynamics has raised over $6 million, which the independent will use to pay for an exploration well on its acreage offshore West Africa. The company announced on Wednesday that the closing of a private placement offering of units of the c
The international offshore rig count for May 2017 was down by 27 units year-on-year, but up by one unit compared to the last month’s count, according to a Wednesday report by Baker Hughes. The international offshore rig count for May 2017 was 202, up 1 from the 201 counted in April 2017, and down 27
Qatari North Oil Company (NOC) has hired Japan Drilling’s Hakuryu 12 jack-up rig for work on the giant Al Shaheen oil field offshore Qatar. Japan Drilling Company (JDC) said that the NOC hired the rig on a two-year firm deal with options. The company added that the contract, starting in September 20
The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for well 7219/9-2, in the Barents Sea off Norway. The drilling program for well 7219/9-2, in a prospect named Kayak, relates to the drilling of a wildcat well in production license 532 where Statoil is the operator with
Norway’s Statoil has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), to drill an exploration well in the Norwegian Sea. The offshore watchdog said on Wednesday that the well is to be drilled in a prospect named Carmen in block 6507/8 at Haltenbanken. The site is
Maersk Invincible, one of the world’s largest jack-up rigs, has started its maiden work, plugging wells at the Aker BP-operated Valhall field in the North Sea, offshore Norway. According to a statement by Aker BP issued on Wednesday, the plugging operations started on May 28. Offshore Energy Today h
Thailand’s Unithai Shipyard and Engineering has recently completed maintenance of a jack-up drilling rig for the Dubai-based jack-up contractor, Shelf Drilling. The rig has now been moved out from the yard for operations in the Gulf of Thailand, the shipyard said in a statement on Tuesday. Unithai d
Offshore drilling rig sector, hurt by low oil prices and overcapacity, is not set for a quick recovery, at least not in the next two years. This is according to Maritime Strategies International (MSI), a research and consultancy firm, which sees a challenging earnings environment for the offshore ri
UK offshore driller Stena Drilling has cancelled a drilling rig order it had with South Korea’s Samsung Heavy Industries. The company’s affiliate Stena Atlantic Ltd has notified the Korean shipbuilder, Samsung Heavy Industries Co Ltd (SHI), that it has exercised its right to cancel their contract fo
After a long idle period, Maersk Drilling-owned jack-up drilling rig Maersk Resolute has left the Port of Esbjerg in Denmark heading to its offshore location. The port informed of the rig’s departure through its social media channels on Friday. The 2008-built jack-up, which left the port on Thursday
Spanish oil firm Repsol has hired the Rowan Stavanger jack-up rig for work off Norway. According to Petro.no, a Norwegian language energy news website, Repsol will use the rig for plugging and abandonment work at its Varg field, located in the North Sea offshore Norway. The rig has been out of work
Australian oil and gas company Octanex started drilling the Ophir A1 well on Friday using the UMW Naga 2 jack-up drilling rig. To recall, the rig started demobilizing from its previous drilling location and headed to the Ophir field for a three-well drilling campaign at the end of May. The Ophir A1
Following the sale of Transocean’s entire fleet of jack-up rigs to Borr Drilling, including those under construction at Keppel’s yard, the rig builder and the new owner have set the dates for the delivery of these rigs. To remind, the sale, announced in March, included Transocean’s 10 high-specifica
Transocean has completed the previously disclosed transaction to sell its jack-up fleet to Borr Drilling for a total consideration of $1.35 billion. The sale, announced in March, included the company’s 10 high-specification jack-ups and five jack-ups under construction at Keppel FELS Limited’s shipy
