Faroe Petroleum, oil and gas firm focusing on exploration and production opportunities in Norway and the UK, has made an oil and gas discovery in its operated Brasse exploration well in licence PL740 in the Norwegian section of the North Sea. The Brasse well (31/7-1) has been drilled to a total dept
Lukoil, Russia’s privately owned oil company, has kicked off the development drilling operation at its Vladimir Filanovsky field in the Caspian Sea. According to the company, president of Lukoil Vagit Alekperov and Governor of the Astrakhan Region Alexander Zhilkin visited the Vladimir Filanovsky fi
Hercules Offshore, a U.S. based driller which recently announced decision to file for bankruptcy for the second time in less than a year, has laid off workers in Texas. The shallow water drilling company on Friday filed a notice to Texas Workforce Commission, according to which, 60 workers in Housto
Australian oil and gas company Santos is planning to start a sidetrack well on the AAL-4X appraisal well, at the Northwest Natuna production sharing contract (PSC) offshore Indonesia, after a mechanical obstruction prevented the completion of the current well bore. Santos is the operator of the Nort
Mike Mullen Energy Equipment Resources, a Dallas, Texas-based investor in offshore assets, has taken delivery of an offshore accommodation rig. The new built accommodation jack-up unit ‘Crossway Eagle’ was christened on Friday, June 10, and is now sitting on legs in front of the Franklin Offshore Eu
Drilling contractor Diamond Offshore Drilling and Trelleborg’s offshore operation have entered a Joint Development Agreement to develop, manufacture and market Helical Buoyancy riser technology developed by Diamond Offshore. According to a press release by Diamond Offshore, this patented riser buoya
The Norwegian Petroleum Directorate (NPD) has granted Eni Norge a drilling permit for well 7222/1-1 located in the Barents Sea offshore Norway. The well 7222/1-1 will be drilled in production licence 226 from Saipem’s Scarabeo 8 drilling rig. Eni also recently received consent from the Petroleum Saf
Malaysian drilling contractor Perisai Petroleum has deferred a jack-up rig delivery once again. The company on Friday said it agreed with the PPL Shipyard to postpone the delivery of the Perisai Pacific 102 until October 31, 2016. This is a second delay for the Perisai Pacific 102, as the companies
Weekly offshore rig count in the U.S. remained flat at 21 active units, Baker Hughes informed in its report on Friday. BHI Rig Count: U.S. +6 to 414 rigs U.S. Rig Count is up 6 rigs from last week to 414, with oil rigs up 3 at 328, gas rigs up 3 to 85, and […]
Norwegian oil company Statoil has completed a 19-month exploration drilling program offshore Newfoundland, Canada, the aim of which was to increase the robustness of the Bay du Nord project and to test new areas of the Flemish Pass Basin. The company drilled nine wells using the Seadrill-owned West
Italian oilfield services provider and drilling contractor Saipem has been awarded several new drilling contracts and extensions to existing contracts. The contracts of a combined value of around 150 million euros, are for work in Portugal, Norway, Morocco, Saudi Arabia, Kazakhstan and Latin America
Global drilling and engineering contractor, KCA Deutag, has sold its jack-up drilling unit, the Ben Rinnes, to an integrated energy and services company for an undisclosed sum. Built in Clydebank, Scotland in 1973 and acquired by KCA Deutag in 2005, the Ben Rinnes was under contract offshore Angola
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for well 7220/11-3 AR, in the Barents Sea. The well 7220/11-3 AR will be drilled from Ocean Rig’s Leiv Eiriksson semi-sub drilling rig in production licence 609. Lundin and Ocean Rig signed a drilling contract for a mini
Norwegian oil company Statoil has completed the drilling of wildcat well 30/11-13, located offshore Norway. The well proved to be a minor gas/condensate discovery. Statoil, the operator of production licence 272 in the North Sea offshore Norway, started drilling the wildcat well in May. The well was
