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Exploration & Production

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This rig drilled Norway’s first offshore well, and made the country’s first oil discovery
Exploration & Production

This rig drilled Norway’s first offshore well, and made the country’s first oil discovery

The drilling rig shown above was the first unit to have drilled for oil on the Norwegian continental shelf, and the first to discover oil, however, not in one attempt. Conveniently named the Ocean Traveler, the rig had traveled across the Atlantic for 52 days on a 13.000 kilometers-long voyage from

about 10 years ago
Clock ticking for potential Petrobras’ platform bidders
Exploration & Production

Clock ticking for potential Petrobras’ platform bidders

The clock is ticking for the interested parties to submit their bids to acquire Petrobras’ production platform – the P 27. To remind, Petrobras in April launched a tender notice inviting bids for the unit, with a deadline for sealed bids set at July 19, 18:00 o’clock Rio de Janeiro time. The Brazili

about 10 years ago
Keppel hands over fifth jack-up rig to Mexican client
Exploration & Production

Keppel hands over fifth jack-up rig to Mexican client

Keppel Offshore & Marine (Keppel O&M) in the U.S., has delivered Uxpanapa, a KFELS B Class jack-up rig, to Mexico’s Central Panuco S.A. De C.V., a subsidiary of Mexico’s Perforadora Central S.V. De C.V. The rig was delivered by Keppel O&M’s wholly owned subsidiary, Keppel AmFELS LLC. It was christen

about 10 years ago
IOG gearing up to drill Skipper
Exploration & Production

IOG gearing up to drill Skipper

Independent Oil and Gas (IOG) expects to start drilling the Skipper appraisal well, in the UK North Sea, on July 22, 2016 with Transocean’s 1974-built Sedco 704 semi-submersible rig. The rig is expected to come on contract on or around July 20, 2016. Skipper lies in Block 9/21a in licence P1609 in t

about 10 years ago
Hercules Offshore sells jack-up drilling rig for $3 million
Exploration & Production

Hercules Offshore sells jack-up drilling rig for $3 million

Hercules Offshore, a struggling U.S. offshore drilling contractor, has sold a jack-up drilling rig to an undisclosed buyer. The company on Monday said its subsidiary, Hercules International Drilling Ltd., entered into an agreement to sell the Hercules 267 to an undisclosed buyer for $3.16 million. “

about 10 years ago
Quadrant in discovery offshore Australia
Exploration & Production

Quadrant in discovery offshore Australia

Quadrant Energy has completed drilling the Outtrim East-1 well offshore Australia and discovered the presence of hydrocarbons. The Outtrim East-1 well, located within the WA-155-P(1) exploration permit in the North West Shelf of Australia, was spud on June 18, 2016 with the Noble Tom Prosser jack-up

about 10 years ago
U.S. offshore rig count stable
Exploration & Production

U.S. offshore rig count stable

U.S. offshore rig count remained unchanged during the last week, the oilfield services provider Baker Hughes has informed. BHI Rig Count: U.S. +9 to 440 rigs U.S. Rig Count is up 9 rigs from last week to 440, with oil rigs up 10 to 351, gas rigs down 1 to 88, and miscellaneous rigs unchanged [&helli

about 10 years ago
International offshore rig count tumbles in June
Exploration & Production

International offshore rig count tumbles in June

Oilfield services provider Baker Hughes informed on Friday that the international offshore rig count for June 2016 was down both sequentially and year over year. According to Baker Hughes’ report, the international offshore rig count for June 2016 was 223, down 6 from the 229 counted in May 2016, an

about 10 years ago
Offshore safety watchdog revokes COSL rig order
Exploration & Production

Offshore safety watchdog revokes COSL rig order

The Petroleum Safety Authority Norway (PSA) changes the investigation report and its conclusion which stated that the structural design and dimensioning of COSLInnovator were not in accordance with the regulations at the time of the accident on December 30, 2015 in which one person died. At the time

about 10 years ago
Petrofac to operate Hurricane’s wells
Exploration & Production

Petrofac to operate Hurricane’s wells

Petrofac has been appointed well operator by Hurricane Energy in a three-year contract to support wells located in the North Sea, West of Shetland. Petrofac said it is the first outsourced well operator to manage a drilling campaign in the UKCS under new regulations set by the Offshore Safety Direct

about 10 years ago
Santos completes appraisal well ops offshore Indonesia
Exploration & Production

Santos completes appraisal well ops offshore Indonesia

Australian oil and gas exploration and production company Santos has wrapped up all operations related to the AAL-4XST1 appraisal well in the Natuna Sea, offshore Indonesia. AWE, a partner in the project, said on Friday that the well was successfully drilled and intersected the primary G Sand and se

about 10 years ago
U.S. Gov’t issues final rule for Arctic offshore drilling
Exploration & Production

U.S. Gov’t issues final rule for Arctic offshore drilling

The U.S. Department of the Interior (DOI), acting through BOEM and BSEE, on Thursday issued the final rule regarding offshore drilling in Alaska, requiring operators to have containment equipment and a relief well rig ready in case of a blow-out. The rule, focused on the offshore continental shelf w

about 10 years ago
TH Heavy hit with wind-up petitions over $9M debt
Exploration & Production

TH Heavy hit with wind-up petitions over $9M debt

TH Heavy Engineering (THHE) has been served with two winding-up petitions over an alleged debt of around $8.9 million in total, for the supply of equipment and work done on the Layang floating, production, storage and offloading (FPSO) vessel. In two separate Bursa Malaysia filings from Tuesday, THH

about 10 years ago
Tullow comes up dry in Rome prospect
Exploration & Production

Tullow comes up dry in Rome prospect

Oil & gas, exploration and production company Tullow Oil has completed drilling of the exploration well 16/5-6 on the Rome prospect in the Central North Sea, offshore Norway. Tullow informed on Thursday that the well, located in the production licence 776, did not encounter any hydrocarbons and will

about 10 years ago
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