Oil and gas company Faroe Petroleum has started drilling its operated Brasse appraisal well 31/7-2S in the Norwegian sector of the North Sea. Faroe announced the Brasse oil and gas discovery in PL740, where it holds 50% interest, in July 2016. The main wellbore 31/7-1 encountered an 18 meter gross g
Pacific Drilling-owned drillship Pacific Scirocco has entered Guinea shelf waters and is starting drilling operations for the independent exploration company Hyperdynamics. Worth noting, by the start of drilling operations, Hyperdynamics does not mean the actual spudding, but the drillship preparati
Offshore driller Seadrill has said it has made progress with its restructuring plans which may involve Chapter 11 solution. In April, the company reached an agreement with its bank group to extend the comprehensive restructuring plan negotiating period until July 31, 2017, reflecting significant pro
Danish offshore driller Maersk Drilling has secured a contract extension for the ultra-deepwater drillship Maersk Viking with ExxonMobil. The estimated value of the contract extension is $22.5 million, with a duration of 150 days. Maersk Viking has been operating for ExxonMobil on the Julia field in
Norwegian oil giant Statoil has kicked off its offshore exploration campaign in the Barents Sea off Norway by starting a new exploration well. The oil firm informed through its social media channels on Monday that the Songa Enabler Cat D drilling rig started drilling the exploration well at 01:45 la
Statoil has received consent from the Petroleum Safety Authority (PSA) to use the Bideford Dolphin drilling rig for production drilling at Vigdis field offshore Norway. Vigdis is an oil field in block 34/7 at the Tampen area of the Norwegian North Sea. The field, which is in 280 meters of water, has
Norwegian oil company Statoil will use Bideford Dolphin drilling rig for yet another well on the Norwegian Continental Shelf. According to a Friday Oslo Stock Exchange filing by Fred. Olsen Energy, a parent company of Dolphin Drilling which operates the rig, Statoil has exercised an option for the a
Keppel Offshore & Marine through its subsidiary in Azerbaijan, Caspian Shipyard Company (CSC), is on track to deliver a semi-submersible drilling rig to Caspian Drilling Company, a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR). The rig was named Heydar Aliyev, after the former p
Oil and gas exploration and development company Cairn Energy has completed drilling operations at the SNE-6 appraisal well offshore Senegal and is moving on to the next target. The oil company informed on Thursday that rig performance continues to be excellent and operations have been completed ahea
Oil company Faroe Petroleum has received consent from Norway’s Petroleum Safety Authority (PSA) to use the Deepsea Bergen rig to drill two appraisal wells on North Sea production license 740 where the Brasse discovery is located. The oil and gas Brasse discovery was made last June. The production li
UAE-based Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors, is looking to further boost its vessel utilization after achieving an increase during the first quarter of this year. Ahead of its ann
Drilling contractor Rowan Companies has provisionally bought two Petrobras jack-up rigs for just $30 million a piece. According to a statement by Rowan, dated May 11, the company participated in a public rig auction and was the high bidder for Petrobras’ P-59 and P-60 jack-ups. The drilling contract
Oil company Aker BP has received consent from the Norwegian Petroleum Safety Authority (PSA) to use the Maersk Invincible jack-up rig for plugging wells at the Valhall field in the North Sea. The offshore safety watchdog said on Monday that the consent applies to the use of Maersk Invincible for per
A Centrica-owned oil field in the North Sea has been given a new lease of life following a £35 million ($45.3M) investment. Centrica said on Monday that it will drill a new production well at Chestnut field which aims to more than treble production and extend the life of the field which otherwise wo
