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Exploration & Production

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Fossil EnergyBusiness & FinanceProject & Tenders
Erin Energy hires Pacific Bora drillship for Oyo drilling
Exploration & Production

Erin Energy hires Pacific Bora drillship for Oyo drilling

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

about 9 years ago
China launches ultra-deepwater semi-sub rig Bluewhale I
Exploration & Production

China launches ultra-deepwater semi-sub rig Bluewhale I

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

about 9 years ago
Lundin spuds Edvard Grieg and Gohta appraisal wells
Exploration & Production

Lundin spuds Edvard Grieg and Gohta appraisal wells

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-

about 9 years ago
U.S. offshore rigs up by one unit
Exploration & Production

U.S. offshore rigs up by one unit

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 […]

about 9 years ago
Aker BP cleared to drill Volund well with Transocean rig
Exploration & Production

Aker BP cleared to drill Volund well with Transocean rig

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

about 9 years ago
Repsol to drill Stordal wildcat with ‘Transocean Spitsbergen’
Exploration & Production

Repsol to drill Stordal wildcat with ‘Transocean Spitsbergen’

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

about 9 years ago
Petrobel extends contract for Saipem’s jack-up
Exploration & Production

Petrobel extends contract for Saipem’s jack-up

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

about 9 years ago
Green light to Statoil for Mim appraisal
Exploration & Production

Green light to Statoil for Mim appraisal

The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for an appraisal well in the Norwegian Sea. The well 6507/3-12 A will be drilled with the Deepsea Bergen semi-submersible drilling rig, which is owned and operated by Odfjell Drilling. The drilling program for well 6507/

about 9 years ago
Odfjell Drilling picks up LoA for South Africa work
Exploration & Production

Odfjell Drilling picks up LoA for South Africa work

Odfjell Drilling has signed a conditional letter of award (LoA) with an unnamed “oil major” for a one-well contract to be drilled by the 6th generation semi-sub, Deepsea Stavanger, offshore South Africa. The driller said on Wednesday that the contract start is back to back with completion of the upc

about 9 years ago
Semco Maritime revamps Island Innovator semi-sub
Exploration & Production

Semco Maritime revamps Island Innovator semi-sub

Norwegian project engineering company Semco Maritime has completed the upgrade project on the Island Innovator semi-submersible drilling rig. Semco said on Tuesday that the rig left the company’s yard at Hanøytangen on Friday, February 24. The rig has been in the yard since September 2016. After var

about 9 years ago
Ensco back in black
Exploration & Production

Ensco back in black

Offshore driller Ensco returned to profit during the fourth quarter of 2016 versus a net loss in the prior-year quarter as its revenues declined due to lower rig utilization. The driller on Monday reported net profit attributable to Ensco of $39 million for the fourth quarter 2016, compared to a los

about 9 years ago
Greenpeace confronts Statoil’s Arctic-bound rig (GALLERY)
Exploration & Production

Greenpeace confronts Statoil’s Arctic-bound rig (GALLERY)

Activists from Greenpeace Nordic and Greenpeace Germany are today, February 27, 2017, protesting near a drilling rig, which is working for Statoil, in a fjord in northern Norway. According to a Monday statement by the environmental organization, the activists – in kayaks near the rig – are peacefull

about 9 years ago
Adma Opco hires Al Hudairiyat jack-up rig
Exploration & Production

Adma Opco hires Al Hudairiyat jack-up rig

Abu Dhabi national oil company Adma Opco has hired the Al Hudairiyat jack-up rig from National Drilling Company (NDC). The drilling rig was delivered by Lamprell earlier this month in the UAE. According to VesselsValue website, the rig will stay on a contract with Adma Opco for a year and a half, un

about 9 years ago
Odfjell Drilling cuts rates to support GCMC restructuring
Exploration & Production

Odfjell Drilling cuts rates to support GCMC restructuring

Golden Close Maritime Corp., the owner of the Deep Sea Metro I drillship, is working to restructure debt, as it looks at a long term financing solution amid the challenging offshore oil and gas market. The company has suffered from the reduction in business activity and rates as there is a reduced d

about 9 years ago
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