Oil company Ophir Energy is planning to spud an exploration well off Ivory Coast in May with the Seadrill-owned drillship West Saturn. Ophir entered the country in 2016 by signing a production sharing contract with African Petroleum for Block CI-513. The agreement entailed drilling an exploration we
Offshore driller Vantage Drilling posted a net loss for the last quarter of 2016 amid low jack-up and deepwater rig utilization. The driller, with a fleet of three drillships and four jack-up drilling rigs, on Thursday reported a net loss of approximately $41.1 million for the three months ended Dec
Interim judicial managers of Singapore’s Swissco, a debt-burdened provider of offshore rigs and vessels, have confirmed it is in negotiations with its compatriot Ezion Holdings for the sale of four jointly-owned rigs. The managers of Swissco issued a clarification on Wednesday regarding an article p
UK-based offshore drilling contractor Awilco Drilling has resolved its dispute with Apache North Sea over standby revenue billing for the drilling rig WilPhoenix. WilPhoenix is one of Awilco Drilling’s two enhanced pacesetter semi-submersibles. The 1982-built rig is equipped for drilling in water de
Statoil has received consent from Norway’s offshore safety body, the Petroleum Safety Authority (PSA), to use the Songa Enabler rig for drilling a production well at its Snøhvit field in the Barents Sea. Snøhvit is a Statoil-operated gas field in the Barents Sea northwest of Hammerfest. The field wa
The international offshore rig count for February 2017 was down both sequentially and year over year, which is the third time in a row, according to Baker Hughes’ monthly rig count reports. The report by the oilfield services provider shows that the international offshore rig count for February 2017
Following drilling, logging, drill stem testing, the setting of pressure gauges, and completion of operations, Cairn Energy has informed that the results of the SNE-5 appraisal well offshore Senegal are “in line with expectations.” Cairn, as the operator, started drilling the SNE-5 appraisal in Janu
Oil company Erin Energy has executed a drilling services contract with Pacific Drilling for the use of the Pacific Bora drillship offshore Nigeria. The drillship was hired for drilling operations on the Oyo-9 deepwater well offshore Nigeria, Erin Energy said on Monday. Under the conditions of the co
CIMC Raffles’ Yantai shipyard held a naming and delivery ceremony for the Bluewhale I ultra-deepwater semi-submersible drilling rig last month in China. The Chinese company said on February 13 that, as the first turnkey project in Chinese offshore ultra deepwater field, the Bluewhale I rig would be
Lundin Norway has started appraisal drilling on the Edvard Grieg field and the Gohta discovery, offshore Norway. The oil company informed on Monday that the appraisal well 16/1-27 in PL338 on the Edvard Grieg field in the North Sea is being drilled on the southwestern flank of the field by the semi-
The U.S. offshore rig count went up by one unit last week, according to rig count reports by the oilfield services provider Baker Hughes. BHI Rig Count: U.S. +2 to 756 rigs U.S. Rig Count is up 2 rigs from last week to 756, with oil rigs up 7 to 609, gas rigs down 5 […]
Norwegian E&P player Aker BP has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), to drill an exploration well off Norway with the Transocean Arctic semi-submersible rig. PSA said on Thursday the consent was for the exploration well 24/9-11S and a potential sidet
Repsol Norge, a Norwegian subsidiary of the Spanish oil company Repsol, has received consent from the Petroleum Safety Authority (PSA) to drill an exploration well in the Norwegian Sea with the Transocean Spitsbergen rig. Repsol Norge is the operator for production license 705 in the Norwegian Sea w
Egyptian company Petrobel has extended a contract for Saipem’s jack-up rig for work offshore Egypt. According to data from VesselsValue, Petrobel extended the contract for the Saipem-owned Perro Negro 4 jack-up drilling rig by two additional years last Friday. The contract started on Wednesday, Marc
