Offshore drilling contractor Frigstad Offshore has decided to exit from an investment in Frigstad Deepwater’s newbuilds to position itself for the industry recovery, the company said on Tuesday. Frigstad Deepwater Holding Ltd, a subsidiary of Frigstad Offshore Group, has decided to sell all of its s
Drilling contractor Hercules Offshore has sold two of its jack-up drilling rigs for a total of $130 million. Hercules British Offshore, a subsidiary of Hercules Offshore, on Friday, December 2 entered into an agreement with Magni Drilling for the sale of two, 2013-built, jack-up drilling rigs, Hercu
Oil giant BP has started drilling on a potential carboniferous gas play in southern North Sea block 43/26a. BP said on Monday that, if successful, the gas play could open up a new phase of development in the region. The well, being drilled with partners Perenco and Premier, will test the potential o
Drilling contractor Songa Offshore has informed that its Cat D rig Songa Enabler will go on a suspension period in late December. The driller announced in late October that Statoil would suspend the Songa Enabler contract once the rig completed operations on a well on the Snøhvit field in the Barent
Following a force majeure declared in October 2016, oil company Tullow Oil has terminated a drilling contract it had with Seadrill Partners for an offshore drilling rig in Ghana. Seadrill Partners, the offshore driller, said Friday it had received a notice of termination from Tullow Oil Ghana for th
The U.S. offshore rig count dropped by one unit last week, according to a weekly rig counts report by the oilfield services provider Baker Hughes. BHI Rig Count: U.S +4 to 597 rigs U.S. Rig Count is up 4 rigs from last week to 597, with oil rigs up 3 to 477, gas rigs up […]
Norwegian oil company Statoil has started production drilling on the Mariner field in the UK North Sea. Statoil said on Friday that up to five wells will be drilled before the Mariner A platform hook up and commissioning activity starts next summer. First oil is expected to be produced from Mariner
GustoMSC, a Dutch company providing engineering and design services for international offshore energy companies, has unveiled its new Scylax drillship design. GustoMSC said on Tuesday that Scylax was designed to make developments available in the mid to deepwater market by providing fit-for-purpose
Offshore Energy Today has interviewed Liz Tysall Senior Offshore Rig Analyst of Rystad Energy, an energy intelligence group based in Norway. The interview follows a recent report by Rystad on offshore drilling market, floating rigs, in particular. The interview itself focuses on the floaters market,
UK-based oil and gas company Hurricane Energy has exercised its option over the semi-sub rig Transocean Spitsbergen to drill the Halifax prospect off the Shetland Isles. The option was exercised on November 25, 2016. According to the rig contract amendments entered into with Transocean, the oil comp
Norwegian oil company Statoil has received consent from the Petroleum Safety Authority (PSA) to drill an appraisal well at Johan Sverdrup field, offshore Norway, with the Deepsea Atlantic rig. Statoil is the operator of the Johan Sverdrup field, in the North Sea, around 140 kilometers west of Stavan
An Iranian helicopter on its way back from an offshore oil rig reportedly crashed into the Caspian Sea off Iran early on Sunday killing all five people on board. According to a report by Iran’s Press TV, an English-language news and documentary network based in Tehran, the helicopter belongs to the
Oilfield services provider Baker Hughes has reported that the offshore rig count in the U.S. remained flat last week. BHI Rig Count: U.S +5 to 593 rigs U.S. Rig Count is up 5 rigs from last week to 593, with oil rigs up 3 to 474, gas rigs up 2 to 118, and miscellaneous rigs unchanged at […]
Cairn Energy has decided to drill two appraisal wells on the SNE oil field off Senegal in 2017 with Stena Drilling’s 2007-built drillship, Stena DrillMAX. Cairn, as the operator, has a 40% working interest in the three blocks offshore Senegal (Sangomar Deep, Sangomar Offshore, Rufisque Offshore). Co