Ensco-owned jack-up drilling rig Ensco 72 has completed its Special Periodic Survey (SPS) and left the yard, Semco Maritime, a project engineering company, reported through its social media channels on Thursday. Semco Maritime further said that, for the last two months, the company has been the main
Norwegian offshore safety watchdog the Petroleum Safety Authority Norway (PSA) has launched an investigation into a fire which broke out in an engine room on the Scarabeo 5 drilling rig on November 22, 2016. The rig is working on the Statoil-operated Njord field in the Norwegian Sea. There were 106
Irish oil and gas exploration company Providence Resources has signed a contract for the Stena IceMAX drillship to drill at the FEL 2/14 license off Ireland and set a spud date for summer 2017. The Frontier Exploration Licence (FEL) 2/14 drilling project lies in c. 2,250 meter water depth in the sou
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum a drilling permit for well 6608/10-17 S, offshore Norway. The well 6608/10-17 S will be drilled from the Deepsea Bergen semi-submersible drilling rig built in 1983 and owned by Odfjell Drilling. The drilling program for well 660
Italian oilfield services provider and drilling contractor Saipem is looking into the cause of the engine room fire aboard its offshore drilling rig in Norway on Tuesday. To remind, the fire broke out on Saipem’s Scarabeo 5 semi-submersible drilling rig which is employed on the Statoil-run Njord fie
Oil giant ExxonMobil started drilling operations on the Mesurado-1 exploration well offshore Liberia on Tuesday, November 22, 2016. According to Canadian Overseas Petroleum Limited (COPL), an international oil and gas exploration and development company and a partner in the project, Exxon is utilizi
Integrated drilling contractor Odfjell Drilling returned to profit during the third quarter 2016 despite a $55 million decrease in revenues. The driller made a net profit of $21 million during the third quarter of 2016, compared to a net loss of $152 million in the prior-year quarter. Operating reve
Offshore driller Noble Corporation has been awarded a contract extension for one of its drilling rigs in the U.S. Gulf of Mexico. Noble reported on Tuesday in its latest fleet status report that the 1981-built semi-submersible drilling rig Noble Paul Romano has won the extension with the oil company
A fire broke out on Tuesday on the Saipem-owned drilling rig Scarabeo 5 working on the Statoil-operated Njord field offshore Norway. Njord is an oil field in the Norwegian Sea, located around 130 kilometers north of Kristiansund. Statoil reported late on Tuesday that the fire, that broke out in one
North Atlantic Drilling Limited (NADL), a provider of harsh environment offshore drilling units, and a subsidiary of Seadrill, sees the near-term demand for its services as “extremely challenging.” The company posted a revenue of $136.7 million , down from $194.4 million in the third quarter of 2015
Singapore’s Swissco, a debt-burdened provider of offshore rigs and vessels, has filed an application to be placed under judicial management after it failed to reach a debt restructuring deal with creditors. The company in its quarterly report last week said it had reached an impasse with its major l
Offshore drilling specialist Seadrill saw its third-quarter revenue drop 25 percent on lower dayrates and rigs going out of work. Revenue was $743 million, down from $985 million in the third quarter of 2015. During the quarter, the West Orion, West Phoenix, West Alpha, West Pegasus and Sevan Drille
Deepwater drilling contractor Sevan Drilling went from black to red during the third quarter of 2016. Looking ahead, Sevan forecasted another challenging year in the offshore drilling business. The driller on Tuesday posted a net loss of $53.1 million compared to a $26.4 million profit in the same p
Lundin Petroleum’s Norwegian subsidiary Lundin Norway has completed the Neiden exploration well 7220/6-2R off Norway as an oil and gas discovery. The well is located in PL609 approximately 60 km northeast of the Alta discovery on the Loppa High in the southern Barents Sea. The main objectives of the
