The U.S. offshore rig count remained unchanged for the second week in a row, the oilfield services provider Baker Hughes informed on Friday in its Weekly Rig Count report. BHI Rig Count: U.S. +14 to 553 rigs U.S. Rig Count is up 14 rigs from last week to 553, with oil rigs up 11 to […]
Offshore drilling contractor Noble Corporation has received a contract award for a jack-up drilling rig in Qatar. The company reported in its latest fleet status report on Thursday that the jack-up drilling rig Noble Houston Colbert has been awarded a contract by JX Nippon in Qatar. The contract, wi
Singapore’s rig builder Keppel Offshore & Marine, hit by challenging market conditions and a drop in workload, in the third quarter 2016 cut its workforce by 3.080 people; 660 in Singapore and 2,420 in overseas yards. This means that for the first nine months Keppel O&M has reduced its direct workfo
Offshore driller Transocean has through its subsidiary Transocean Phoenix 2 closed the previously announced offering of $600 million in aggregate principal amount of 7.75% senior secured notes due 2024. The notes are guaranteed by Transocean Ltd., Transocean Inc. and a wholly-owned indirect subsidia
Oil and gas company Niko Resources has reached a settlement agreement with offshore drilling contractor Diamond Offshore over drilling contracts for the pair of semi-submersible rigs Ocean Lexington and Ocean Monarch. Niko hired Diamond’s semi-sub Ocean Monarch in 2011 for a four-year term with the
Quadrant Energy’s Roc-2 well offshore Western Australia has successfully flowed gas and condensate to the surface over the course of a sustained flow test program. Carnarvon Petroleum, a partner in the project, said on Wednesday that the well flow tested at rates up to 51.2 million scf per day of ga
Drilling contractor Rowan Companies is facing a couple of early terminations of drilling contracts while also winning new jack-up deals. Rowan confirmed in its latest fleet status report on Tuesday that its customer Cobalt will pay approximately $96 million in exchange for the right to terminate the
Canadian-based oil and gas exploration company focused on the exploration of oil in the Guyana-Suriname Basin, CGX Energy, has canceled a partnership deal for the company’s proposed wharf and logistics yard in Berbice, Guyana. CGX had entered into a term sheet agreement with an undisclosed potential
The Norwegian Petroleum Directorate (NPD) has granted Aker BP, a new oil exploration and production company formed by BP Norge and Det norske merger, a drilling permit for well 25/2-18 B, offshore Norway. According to the agency, the well 25/2-18 B will be drilled from the Maersk Drilling-owned Maer
Drilling contractor Paragon Offshore has been awarded a contract for one of its jack-up drilling rigs. In its latest fleet status report on Monday, Paragon said its jack-up drilling rig Paragon B391 has won a contract with Centrica in the UK sector of the North Sea. The contract is for light well in
Norwegian oil company Statoil has made an oil and gas discovery at the Njord North Flank in the Norwegian Sea. The well and side-track, NF-2 and NF-3, are located in License PL107C, approximately six kilometers to the north of the Njord production platform. The wells were drilled with Songa Offshore
October 17, 2016 – Waves are like snowflakes, and no two snowflakes are alike…
Total’s Norwegian exploration and production subsidiary, Total E&P Norge, is in the process of completing the drilling of wildcat well 30/4-3 S, off Norway, after encountering a gas and condensate. The well was drilled with the Mærsk Intrepid jack-up drilling rig in production license 043. The licen
Norwegian oil company Statoil has informed that on Saturday, October 15 a well control incident occurred off Norway on the drilling rig Songa Endurance prompting the company to evacuate non-essential personnel. The well has been secured with a blowout preventer around the drill string on the seabed
