Romanian offshore drilling contractor GSP Offshore has secured a drilling contract for two offshore wells in the Black Sea. The company, hired by Black Sea Oil & Gas (BSOG), will use the GSP Uranus jack-up rig to drill the two exploration wells in the XV Midia Shallow block, offshore Romania. The dr
Lundin Petroleum has completed the Edvard Grieg Southwest appraisal well 16/1-27, located offshore Norway. The appraisal well 16/1-27 in PL338 on the Edvard Grieg field is located on the southwestern flank of the field targeting additional resources. The well, spud in early March, was drilled 3 km w
North Atlantic Drilling Limited (NADL), a subsidiary of Seadrill, has secured ten-year contract awards for the jack-ups West Elara and West Linus with ConocoPhillips Skandinavia for work in the Greater Ekofisk Area offshore Norway. NADL said on Tuesday that the total additional backlog for the new c
Offshore driller Seadrill Partners LLC has secured a one-well contract with BP for the West Aquarius rig in eastern Canada. According to Seadrill’s statement on Friday, the contract is expected to start in the second quarter of 2018. The backlog for the contract, estimated to be a maximum of 120 day
Norwegian offshore drilling contractor Dolphin Drilling, a subsidiary of Fred. Olsen Energy, has entered into a one-well contract extension with Statoil for use of the Bideford Dolphin rig. According to an Oslo Stock Exchange filing on Friday, the extension includes one optional well and it is for o
The U.S. offshore rig count was unchanged during last week, the oilfield services provider Baker Hughes reported on Friday. BHI Rig Count: U.S. +15 to 839 rigs U.S. Rig Count is up 15 rigs from last week to 839, with oil rigs up 10 to 672, gas rigs up 5 to 165, and miscellaneous rigs unchanged [&hel
The Norwegian Petroleum Directorate (NPD) has granted oil major Statoil a drilling permit for a wildcat well 7121/8-1 southeast of the Snøhvit field in the Barents Sea. The NPD said that the drilling program for wellbore 7121/8-1 relates to the drilling of a well in production license 849, in a pros
COSCO’s Dalian shipyard and drilling contractor Northern Offshore have agreed to postpone the delivery of two jack-up drilling rigs amid challenging offshore drilling market. The shipyard received an order for two LeTourneau Super 116E jack-up drilling rigs in November 2013 and the plan was to deliv
The international offshore rig count for March 2017 was once again down both sequentially and year over year, Baker Hughes reported on Friday. According to monthly rig count reports by the oilfield services provider, the international offshore rig count for March 2017 was 197, down 3 from the 200 co
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for a wildcat well located in the North Sea. The drilling program for well 24/9-11 S relates to the drilling of a wildcat well in production license 150 B. The well will be drilled from the Transocean Arctic semi-submers
Petrobras has been shedding rigs at an unprecedented rate over the last few years. Out of the 29 rigs they have on contract, they only have around 20 active and on full dayrate at any given time. But that doesn’t mean there’s no hope for rig owners. By David Carter Shinn For nearly a […]
The worst is over, the layup list is decreasing. But after the most brutal downturn in memory, what are we left with? Written by Inger-Louise Molver, Offshore Analyst at Westshore AHTS will see the quickest recovery Around a third of the AHTS vessels trading the spot market have disappeared since
UAE-based offshore rig builder Lamprell has completed and delivered a new jack-up rig to Shelf Drilling, a jack-up rig drilling contractor. According to Lamprell’s statement on Thursday, the Shelf Drilling Krathong jack-up rig was delivered on schedule and within budget. The rig builder added that t
Oil and gas company Cairn Energy has failed to unearth commercial quantities of oil from its exploration target at the VR-1 well offshore Senegal. To remind, Cairn had achieved the primary objective at the VR-1 well in March, which was to appraise the nearby SNE oil discovery. During the appraisal d
